OREANDA-NEWS. May 21, 2010. The Board of directors of Rosbank announced the appointment of Sergey Degtyarev as First Deputy Chairman of the Management Board. This appointment is related to the Group Societe Generale’s development strategy in Russia and the recently announced decision on integration of its Russian banking assets in the frame of Rosbank Societe Generale Group.

On this position Sergey Degtyarev will be in charge of corporate governance’s development, its quality and transparency. Mr. Degtyarev is going to supervise legal and operational risks management, compliance control and remote control practices, maintenance and supply. Those responsibilities are of fundamental importance for successful realization of integration procedures.