2015 Annual Report

ru

Members of the Supervisory Board

Sergey Ignatiev
Chairman of the Supervisory Board
Nonexecutive Director

Place of birth: Leningrad

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 2000–2015

Membership in Committees: no membership in Committees

Education:

1975: Lomonosov Moscow State University, majoring in Political Economy

1978: Postgraduate education in Lomonosov Moscow State University, Candidate of Economic Sciences

Work experience

Here and elsewhere, information on the Executive Board member’s professional activity over the last five years is presented.

:

From 2002, he held the position of the Chairman of Bank of Russia. From June 2013 until present time, he is Adviser of the Chairman of Bank of Russia. He has extensive experience in teaching and research work and is an author of many scientific papers.

List of other nonexecutive professional commitments:

Member of the Board of Directors of Bank of Russia and Deposit Insurance Agency State Corporation

Georgy Luntovskiy
Deputy Chairman of the Supervisory Board
Nonexecutive Director

Date of birth: 12 April, 1950

Place of birth: Kursk

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 2000–2015

Membership in Committees: Chairman of the HR and Remunerations Committee

Education:

1978: All-Union Correspondence Financial and Economic Institute, majoring in Finance and Credit

1997: Russian Presidential Academy of National Economy and Public Administration, majoring in Management in Market Conditions

1998: Moscow State University of Economics, Statistics and Informatics, Candidate of Economic Sciences

Work experience:

From 2005 to the present time, he has been the First Deputy Chairman of Bank of Russia. His sphere of professional competence includes issues relating to the organisation of cash circulation, personnel policy and work with personnel, the organisation and functioning of the national payment system, and operations of the Russian Encashment Association.

List of other nonexecutive professional commitments:

Member of the Boards of Directors of Bank of Russia and Interstate Bank. Chairman of the Supervisory Boards of the Russian Encashment Association (ROSINKAS) and National Payment Card System JSC

Aleksei Kudrin
Deputy Chairman of the Supervisory Board
Nonexecutive Director

Date of birth: 12 October, 1960

Place of birth: Dobele, Latvian SSR

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 1997, 2000–2003, 2005–2010, 2013–2015

Membership in Committees: Chairman of the Strategic Planning Committee

Education:

1983: Zhdanov Leningrad State University, majoring in Political Economy

1987: Postgraduate education of the Institute of Economics of the USSR Academy of Sciences, Candidate of Economic Sciences

Work experience:

From 2000 through 2011, held the office of Deputy Chairman of the Government of the Russian Federation — Minister of Finance. While holding this position, he was named the Finance Minister of the Year three times (in 2004 by the British journal The Banker, in 2006 by the British newspaper Emerging Markets, and in 2010 by the British journal Euromoney). From June 2011 to the present, he has been the Dean of the Department of Liberal Arts and Sciences of Saint Petersburg State University. Author of more than 30 scientific papers related to economics and finance.

List of other nonexecutive professional commitments:

Chairman of the Supervisory Board of Moscow Exchange PJSC. Chairman of the Board of Directors at Meditsina PJSC and Future Private Pension Fund JSC

Martin Grant Gilman
Member of the Supervisory Board
Independent Director

Date of birth: 11 August, 1948

Place of birth: Memphis, USA

Citizenship: USA

Year(s) of election to the Supervisory Board: 2014–2015

Membership in Committees:

Member of the Strategic Planning Committee, Member of the Risk Management Committee

Education:

1970: University of Pennsylvania, Bachelor of Science (BS) in Economics (Wharton School), and Bachelor of Arts (BA) in Political Science (College of Liberal Arts)

1971: Certificate of International Studies at the School of International Studies at Johns Hopkins University in Bologna

1972: London School of Economics, MSc

1981: London School of Economics, PhD in Economics

Work experience:

From September 2005 to April 2015, held the office of Director of the Centre for Advanced Studies of the National Research University — Higher School of Economics (Moscow, Russia). Currently is a Professor in the Department of Economics and Advisor to the Rector of National Research University — Higher School of Economics (Moscow, Russia) He has more than 20 years of experience in the International Monetary Fund (1996–2002: IMF Resident Representative in Russia).

List of other nonexecutive professional commitments:

Member of the Board of Directors at ROSBANK PJSC

Herman Gref
CEO, Chairman of the Executive Board
Member of the Supervisory Board
Executive director

Date of birth: 8 February, 1964

Place of birth: Panfilovo village, Irtysh District, Pavlodar Region, Kazakh SSR

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 2005–2015

Membership in Committees:

Member of the Strategic Planning Committee

Education:

1990: Dostoyevsky Omsk State University, majoring in Legal Studies

1993: Postgraduate education at the Faculty of Law of Saint Petersburg State University

1985: Candidate of Economic Sciences

Work experience:

From November 2007 to the present, CEO, Chairman of the Executive Board of Sberbank. In 2000-2007, he was Minister of Economic Development and Trade of the Russian Federation.

List of other nonexecutive professional commitments:

Member of the Board of Directors at Yandex N.V. Member of Supervisory Boards at the Autonomous Nonprofit Organisation Centre for Expert Reviews on Issues of the World Trade Organisation, National Research University — Higher School of Economics, and Autonomous Nonprofit Organisation Agency of Strategic Initiatives to Promote New Projects. Chairman of the Boards of Directors at a number of subsidiary banks of Sberbank.

Nadezhda Ivanova
Member of the Supervisory Board
Nonexecutive Director

Date of birth: 13 June, 1953

Place of birth: Moscow

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 2002–2015

Membership in Committees:

Member of the Audit Committee, Member of the Risk Management Committee

Education:

1975: Moscow Financial Institute, majoring in Finance & Credit

Work experience:

From 1995, Director of the Consolidated Economic Department of Bank of Russia. From June 2013 to the present, Deputy Chairman — Director of the Consolidated Economic Department of Bank of Russia.

List of other nonexecutive professional commitments:

Member of the Board of Directors of Bank of Russia.

Vladimir Mau
Member of the Supervisory Board
Independent Director

Date of birth: 29 December, 1959

Place of birth: Moscow

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 2008–2015

Membership in Committees:

Chairman of the Audit Committee, Member of the Human Resources and Remuneration Committee

Education:

1981: Plekhanov Moscow National Economy Institute, Faculty of Economics

1987: Institute of Economics of the USSR Academy of Sciences, Candidate of Economic Sciences

1994: Institute of Economics of the USSR Academy of Sciences, PhD in Economics

1999: Pierre Mendès-France University, Grenoble (France), PhD in Economics

Work experience:

From 2002 to the present, he has been the Rector of the Russian Presidential Academy of National Economy and Public Administration. Expert in economic theory, history of economic thought, and national economics. Participated in the development and practical implementation of economic reforms in the Russian Federation.

List of other nonexecutive professional commitments:

Member of the Board of Directors at Transcapitalbank PJSC, Gazprom PJSC, Severstal PJSC

Gennady Melikyan
Member of the Supervisory Board
Senior independent director

Date of birth: 27 November, 1947

Place of birth: Kropotkin, Krasnodar Territory

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 2014–2015

Membership in Committees:

Chairman of the Risk Management Committee, Member of the Strategic Planning Committee

Education:

1974: Lomonosov Moscow State University, majoring in Political Economy

1977: Postgraduate education in Lomonosov Moscow State University, Candidate of Economic Sciences

Work experience:

From 2003 to 2011, held the office of Deputy Chairman of Bank of Russia/Head of the Main Inspectorate of Credit Institutions and afterwards held office as the First Deputy Chairman of Bank of Russia. In 1992–1997, was a Minister of Labour and Social Development of the Russian Federation.

List of other nonexecutive professional commitments:

Member of the Boards of Directors at Energotransbank Commercial Bank (AVTOTOR Group) and Mezhgosudarstvennaya neftyanaya kompaniya Soyuzneftegaz CJSC

Alessandro Profumo
Member of the Supervisory Board
Independent Director

Date of birth: 17 February, 1957

Place of birth: Genoa, Italy

Citizenship: Italy

Year(s) of election to the Supervisory Board: 2011–2015

Membership in Committees:

Member of the Strategic Planning Committee, Member of the Risk Management Committee

Education:

1987: Bocconi University (Italy), MSc (Business Administration)

Work experience:

From 1997 to 2010, he was the President of Unicredit Group. From 2012 to August 2015, Chairman of Monte dei Paschi di Siena Bank (Italy). A specialist in the field of mergers and acquisitions.

List of other nonexecutive professional commitments:

Chairman of the Board of Directors at Аppeal Strategy & Finance S.r.l., Equita SIM Spa, Turati 9, Nicla S.P.A. Member of the Board of Directors at TOG, Mossi Aziende agricole vitivinicole S.r.l.

Anton Siluanov
Member of the Supervisory Board
Nonexecutive Director

Date of birth: 12 April, 1963

Place of birth: Moscow

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 2015

Membership in Committees:

No membership in Committees

Education:

1985: Moscow Financial Institute, majoring in Finance & Credit

1995: Candidate of Economic Sciences

2012: Doctor of Economics

Work experience:

From 2005 to 2011, held office as the Deputy Finance Minister. From December 2011 to the present, Minister of Finance of the Russian Federation. Since June 2013, Associate Professor of the Finance and Economics Department at the Financial University under the Government of the Russian Federation.

List of other nonexecutive professional commitments:

Member of the Supervisory Boards of ALROSA Diamond Mining Company, Rostec Group of Companies, Russian Direct Investment Fund, Bank for Development and Foreign Economic Affairs Group of Companies (Vnesheconombank). Chairman of the Board of Directors at Deposit Insurance Agency Group of Companies; Chairman of the Financial Council of Bank of Russia; Manager for the Russian Federation at the International Monetary Fund, the International Bank for Reconstruction and Development, the Multilateral Investment Guarantee Agency, and the BRICS New Development Bank. Plenipotentiary of the Russian Federation in the Eurasian Development Bank

Sergey Sinelnikov-Murylev
Member of the Supervisory Board
Independent Director

Date of birth: 11 July, 1960

Place of birth: Moscow

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 2011–2015

Membership in Committees:

Member of the Audit Committee, Member of the HR and Remunerations Committee, Member of the Risk Management Committee

Education:

1982: Lomonosov Moscow State University, majoring in Economic Cybernetics

1985: Candidate of Economic Sciences

1996: Doctor of Economics

2005: received a diploma that entitles him to lead scientific research in economics (Le diplome de l’habilitation a diriger des Recherches en “SCIENCES ECONOMIQUES”)

2007: earned full Professorship

Work experience:

From 2000 to present, professor of the System Economy Analysis Chamber of Moscow Physical and Technical Institute (State University). From 2002 to present, Vice Rector of the Russian Presidential Academy of National Economy and Public Administration. From 2008 to present, Academic Advisor at the Yegor Gaidar Foundation for Economic Policy. From 2007 to present, Rector of the Russian Foreign Trade Academy of the Ministry of Economic Development of the Russian Federation. Has extensive experience in teaching and research activities. A specialist in the field of macroeconomics, fiscal, budgetary, and monetary policy.

List of other nonexecutive professional commitments:

Member of the Board of Directors of Rosagrolizing OJSC and the Yegor Gaidar Institute for Economic Policy Foundation

Dmitry Tulin
Member of the Supervisory Board
Nonexecutive Director

Date of birth: 26 March, 1956

Place of birth: Moscow

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 1997–1998, 2012–2015

Membership in Committees:

Member of the Audit Committee, Member of the Human Resources and Remuneration Committee

Education:

1978: Moscow Financial Institute, majoring in International Economic Relations

1985: Candidate of Economic Sciences

Work experience:

In 2006–2012, he was a partner of Deloitte & Touche CIS. From 2012 to present, Associate Professor of the Finance, Credit, and Insurance Department at the Russian Academy of Entrepreneurship. From January 2015 to the present, he has been the First Deputy Chairman of Bank of Russia.

List of other nonexecutive professional commitments:

Member of the Board of Directors of Bank of Russia

Nadia Wells
Member of the Supervisory Board
Independent Director

Date of birth: 24 December, 1970

Place of birth: London, United Kingdom

Citizenship: Great Britain

Year(s) of election to the Supervisory Board: 2014–2015

Membership in Committees:

Member of the Audit Committee, Member of the Strategic Planning Committee, Member of the Risk Management Committee

Education:

1993: MA graduate of Oxford University (with Honors), majoring in Modern History and Modern Language

2000: MBA, INSEAD Business School (France)

Work experience:

From 2001 to 2014, held office as Vice President, Portfolio Manager, and Investment Analyst for Global Emerging Markets, Capital International SA. She is currently an independent professional investment and corporate governance advisor.

List of other nonexecutive professional commitments:

Member of the Board of Directors at Barings Emerging Europe Plc.

Sergei Shvetsov
Member of the Supervisory Board
Nonexecutive Director

Date of birth: 27 December, 1970

Place of birth: Moscow

Citizenship: Russian Federation

Year(s) of election to the Supervisory Board: 2010–2015

Membership in Committees:

Member of the Strategic Planning Committee

Education:

1993: Lomonosov Moscow State University, majoring in Economic Cybernetics

Work experience:

In 2003–2011, Director of the Financial Market Operations Department, Bank of Russia. In 2011–2013, Deputy Chairman of Bank of Russia. From September 2013, holds the office of First Deputy Chairman of Bank of Russia.

List of other nonexecutive professional commitments:

Member of the Board of Directors of Bank of Russia

Introduction of new Supervisory Board members

For the purpose of the quickest and most effective induction of newly elected members of the Supervisory Board the bank takes the following measures:

  • Sending the Supervisory Board Member Handbook in electronic form with the main current information on the bank, its organisation structure and corporate management system, the main rights and obligations of the members of the Supervisory Board, compliance recommendations, useful work contacts, etc.
  • Conducting meetings with the President, Chairman of the Executive Board, and other key top managers of the bank
  • Sending analytical materials and press reviews
  • Participation in corporate management sessions organised by the bank
  • Visiting a gemba
D&O Liability Insurance

The liability of all Supervisory Board members is insured under a liability insurance agreement entered into between Sberbank and Ingosstrakh Insurance Company.

The aggregate limit of D&O liability insurance (except for independent directors) amounts to RUB 3 billion.

Aggregate additional coverage for independent directors is RUB 150 million.

Information on the ownership of Sberbank shares
Full name Share in the authorised capital (%) Percentage of ordinary shares (%) Information on the settlement of transactions with Bank shares in 2015
Sergey Ignatiev No transactions settled
Georgy Luntovskiy No transactions settled
Aleksei Kudrin No transactions settled
Martin Grant Gilman 0.00018 0.00019 No transactions settled
Herman Gref 0.0031 0.003 No transactions settled
Nadezhda Ivanova No transactions settled
Vladimir Mau No transactions settled
Gennady Melikyan 0.0001 0.0001 No transactions settled
Alessandro Profumo No transactions settled
Anton Siluanov No transactions settled
Sergey Sinelnikov-Murylev No transactions settled
Dmitry Tulin No transactions settled
Nadia Wells No transactions settled
Sergei Shvetsov No transactions settled
TOTAL (cumulative percentage of shares) 0.0034 0.0033