Sberbank Supervisory Board holds meeting29.05.2015, Moscow
May 29, 2015, Moscow – The new members of Sberbank’s Supervisory Board convened after the election at today’s annual shareholders’ meeting.
Sergey Ignatiev, Advisor to the Chairman, Central Bank of the Russian Federation, was elected Chairman of the Supervisory Board of Sberbank and Georgy Luntovskiy, First Deputy Chairman, Central Bank of the Russian Federation, and Aleksei Kudrin, Dean of the Faculty of Liberal Arts and Sciences, Saint Petersburg State University, were elected Deputy Chairman of the Supervisory Board.
For the first time Sberbank’s Supervisory Board elected a Senior Independent Director whose main task will be to coordinate interaction between independent directors. Gennady Melikyan, honored economist of the Russian Federation, was elected Senior Independent Director.
A Risk Management Committee has been created under the Supervisory Board to allow the Board to thoroughly study topics related to the Bank’s risk management strategy.
The Supervisory Board approved its preliminary work plan for 2015-2016 and the members of the committees were also approved.
Vladimir A. Mau (the Chairman), Nadia Wells, Nadezhda Yu. Ivanova, Sergei G. Sinelnikov-Murylev, and Dmitry V. Tulin were elected into the Audit Committee.
Georgy I. Luntovskiy (the Chariman), Vladimir A. Mau, Sergei G. Sinelnikov-Murylev, and Dmitry V. Tulin were elected into the Human Resources and Compensation Committee.
Alexei L. Kudrin (the Chairman), Martin Gilman, Herman O. Gref, Gennady G. Melikyan, Alessandro Profumo, Nadia Wells, and Sergei A. Shvetsov were elected into the Strategic Planning Committee.
Gennady G. Melikyan (the Chairman), Martin Gilman, Nadezhda Yu. Ivanova, Alessandro Profumo, Sergei G. Sinelnikov-Murylev, and Nadia Wells were elected into the Risk Management Committee.
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Sberbank of Russia is Russia’s largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 135 million individual customers and 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with almost 17,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.
The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.