Sberbank makes changes to Executive Board

Oct 13, 2020

The Supervisory Board of Sberbank has decided to make changes to the Executive Board to improve the management model and implement strategic plans of Sber Group until 2023.

The Executive Board will be expanded to include the following members after obtaining the necessary approval from the Central Bank of the Russian Federation:

— Kirill Tsaryov, Deputy Chairman of the Executive Board, Head of the Retail Business Unit

— Sergey Maltsev, Deputy Chairman of the Executive Board, Head of Sales Network Unit

— Natalya Alymova, member of the Executive Board, Head of Wealth Management Unit

— Alexandra Buriko, member of the Executive Board, CFO.

Svetlana Kirsanova, Deputy Chairman of the Executive Board, Head of Retail Business, who decided to pursue other career opportunities outside Sber Group, and Oleg Ganeev, who is moving to the position of Senior Vice President responsible for large distressed assets, are leaving the Executive Board.

Otherwise, the bank's board composition will remain unchanged.

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

“Each Sber leader, who will become a member of the Executive Board, has shown themselves to be a productive manager. I am sure that the expertise and professional experience of colleagues will be critically important to solve tasks of our new strategy.”