Kirill Tsaryov to head Sberbank’s retail business

Oct 13, 2020

Sberbank announces the appointment of Kirill Tsaryov as Deputy Chairman of the Executive Board of Sberbank and Head of the Retail Business Unit effective October 15, 2020.

The appointment is due to obtain approval from the Central Bank of the Russian Federation.

Before joining Sberbank, Kirill Tsaryov was Deputy Board Chairman of the International Bank of Saint Petersburg and had been heading Interleasing LLC for 12 years. Over his tenure, the company became one of the Top 15 leasing entities in Russia.

In 2011, Kirill joined Sber’s team, he was invited to Sberbank Leasing where he has acted as Deputy CEO since 2012. In 2015, he was appointed CEO of the company. Mr. Tsaryov reorganized the company, changed its sales system, and marketed new products like aircraft operating lease. With Kirill Tsaryov at the helm, Sberbank Leasing became the largest leasing business in Russia and was ranked among the Top 20 European leasing companies.

In November 2018, he was offered the position of a vice president with the Corporate Investment Business Unit.

In August 2020 he was appointed Senior Vice President and Deputy Head of the Retail Business Unit.

Kirill Tsaryov graduated from the St. Petersburg State Marine Technical University with two degrees, one in Economics and Enterprise Management and the other one in Law. He also completed the Finance and Management for Bankers program at London Business School.

Kirill Tsaryov is Chairman of the Board of Directors of Sberbank Leasing JSC, President of the United Leasing Association, and a member of the Expert Council of the Industrial Development Fund and the Aviation Board of the Government of the Russian Federation.

Herman Gref, CEO, Chairman of the Executive Board, Sberbank:

“I am sure that Kirill’s experience will do more than just help him manage the traditional retail business verticals. It will also fuel the development in new areas. Kirill Tsaryov has been working across various divisions of the Sberbank Group for eight years now and knows the structure of both retail and corporate business well. He has extensive expertise and broad horizons, attention to detail, and aspiration to simplify the customer journey as much as possible. I congratulate him on his appointment and wish him success.”