OREANDA-NEWS. The Supervisory Board of Sberbank has approved the appointment of Oleg Ganeev as Head of Sberbank CIB. Oleg Ganeev also becomes a Member of the Executive Board and Deputy Chairman of the Executive Board of Sberbank. Oleg Ganeev will take office following approval from the Moscow Main Territorial Department of the Central Bank of the Russian Federation. Mr. Ganeev takes this position after previously serving as Senior Vice President of Sberbank, where he was responsible for the development of the regional network.

Alexander Bazarov, Member of the Board, Senior Vice President of Sberbank is appointed as Co-Head of Sberbank CIB.

Oleg Ganeev and Alexander Bazarov will report to Maxim Poletaev, First Deputy Chairman of the Board of Sberbank of Russia.

Oleg Ganeev will be responsible for Sberbank CIB's overall activity, and also the following strategic areas: performance management of business processes, building the standards of CIB, implementation of systems for selling CIB products at the bank's network, efficiency management, including at all subsidiaries, state and municipal projects and programs, customer service quality and standards, product management and other areas of work.

Alexander Bazarov's areas of responsibility will include development of CIB's strategy across customer relations, customer satisfaction, industry solutions, deal structuring, transaction monitoring and support, and IBGM, including products, training and certification of loan managers and loan specialists.

Herman Gref, Chief Executive Officer, Chairman of the Board of Sberbank of Russia, noted: "Corporate Investment Business is one of the most important business areas of Sberbank and its development is a key goal of our Strategy 2018. Since its inception in 2012, Sberbank CIB confidently holds the leading position in the Russian market, offering a full range of modern financial decisions to our clients. We are pleased that the Supervisory Board has approved the appointment of Oleg Ganeev, who has extensive experience in the banking sector and with Sberbank, where he deeply understands our business and corporate culture, and Alexander Bazarov, a unique manager, whose experience in the corporate business and in driving customer relationships is essential for the Bank."