OREANDA-NEWS. On 03 July 2009 was announced, that the annual meeting of Rosbank shareholders was held in Moscow. The agenda concerned the approval of the accounts for the 2008 financial year and the composition of the Board of Directors.

Chairman of the Board of Directors Jean-Louis Mattei noted: "Last year Rosbank entered a new phase of its development – in February the Societe Generale Group became its major shareholder. Since then we have intensified our strategic partnership. The Group is interested in Rosbank’s development as a universal bank, working with all client segments, offering full service banking and expanding different sales channels. With the participation in a share issue of Rosbank in March 2009, as well as the acquisition of an additional stake of 7 % in May, Societe Generale reiterates its confidence in the development perspectives of Rosbank and in the future of the Russian banking market".

In order to finance the bank’s ongoing development, the shareholders have decided not to pay a dividend for 2008.

Deloitte & Touche was confirmed as the external auditor for Rosbank for the year 2009.

The general shareholders meeting of Rosbank approved the new composition of the Board of Directors:

·        Jean-Louis Mattei, Head of International Retail Banking, Societe Generale;

·        German Aliev, Deputy CEO of Interros Holding Company;

·        Martin Gilman, Professor of Economics, Head of Economic Policy Center of Academy of Economics, Moscow;

·        Vladimir Golubkov, CEO of Rosbank;

·        Arnaud Jacquemin, Deputy CFO of Societe Generale Group;

·        Prabhkirat Singh Narula, Managing Director of Swaraj Capital LLC, New York;

·        Christian Poirier, Senior Advisor to the Chairman and to the CEO of Societe Generale;

·        Christian Schricke, Corporate Secretary and Chief legal and compliance officer of Societe Generale Group;

·        Marianna Zakharova, Director of Legal department of Interros Holding Company.