Sberbank announces changes to Sberbank International’s executive management team

Dec 02, 2019

December 2, 2019, Moscow — Sberbank is appointing a new head of Sberbank International block.

Timur Kozintsev will be appointed as new head of Sberbank International and will take the office in early 2020.

Timur Kozintsev joined Sberbank in 2013 having extensive expertise in arranging and concluding medium- and long-term financing deals and M&A deals across different sectors of economy. As Country Director, he oversaw the integration of DenizBank into Sberbank Group. From 2015, as a member of the Board of Directors and Head of the risk management department at DenizBank, he had been developing the risk management system of the subsidiary bank, while maintaining balance when meeting the group standards and honoring the Turkish market practices. Over the past two years, he had been managing the deal to sell DenizBank as CRO and a Board member and contributed to the deal’s successful closing, ensuring high standards of work and seeing that his successors assume all his responsibilities.

Timur Kozintsev holds a PhD in economics. He graduated from the Lomonosov Moscow State University with a degree in economic theory. He’s also a London Business School graduate of the 2014-15 course.

Incumbent block head Igor Kolomeysky has decided to pursue other career opportunities outside the bank and is set to step down at the end of 2019. Mr. Kolomeysky joined Sberbank in 2017. Spearheading Sberbank International, he organized interactions with the European Central Bank, helped subsidiary banks update their customer segmentation business models, introduced a new management framework and tightened up the team. One of his greatest achievements was his contribution to the sale of DenizBank, a Turkish-based subsidiary.

Lev Khasis, First Deputy Chairman of the Executive Board, Sberbank,

“I welcome Timur Kozintsev back to Sberbank team. I’m sure his experience in many areas will be of use when achieving the goals Sberbank’s international operations are facing. I’d like to thank Igor Kolomeysky for his work at Sberbank and particularly for his contribution to successfully closing the sale of DenizBank on the terms that we deemed favorable.”