Sberbank: Herman Gref Elected to the Board of Directors of the World Economic Forum Forum

Herman Gref Elected to the Board of Directors of the World Economic Forum

August 24, 2011, Geneva - President and Chairman of the Management Board of Sberbank of Russia Herman Gref was elected to the Board of Directors of the World Economic Forum (WEF) for a term of 3 years.

Since 2008, Sberbank of Russia has been a strategic partner of the World Economic Forum. In 2009, Sberbank's head Herman Gref became a member of WEF International Business Council.

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Its annual meeting is known as the World Economic Forum in Davos, and it brings together the most renowned politicians, businessmen and public figures from all over the world.

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Sberbank of Russia
Alexander Baziyan
Public Relations
Tel. +7(495) 957 5721
media@sberbank.ru

Sberbank of Russia JSC is the largest bank in Russia, Central and Eastern Europe, and its share includes about 30% of assets of Russian banking system with about 240 thousand employees. Central Bank of the Russian Federation is the founder and the major shareholder of Sberbank of Russia JSC, owning above 60% of voting shares. Other shareholders include about 245 thousand individuals and legal entities. The Bank has the most developed branch network in Russia: 17 territorial banks, about 20 thousand branches and internal organization departments, as well as subsidiary banks in Kazakhstan, Ukraine and Belarus, a branch in India, and a representative office in Germany and China.

General license of the Bank of Russia to perform bank operations 1481

Bank's official web-site - www.sberbank.ru