OREANDA-NEWS.  June 03, 2013. The Supervisory Board of Sberbank of Russia, elected at the General Shareholders' Meeting of the Bank, held its meeting.

Sergey Ignatiev, Chairman of the Central Bank of the Russian Federation, was elected Chairman of the Supervisory Board of Sberbank of Russia.

Sberbank of Russia is the largest bank in Russia and holds almost one third of aggregate Russian banking sector assets. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share. The rest of the shares are held by international and domestic investors. More than 100 million individual customers bank with Sberbank and about 1 million of businesses. The Bank has the largest distribution network in Russia with more than 18,000 offices as well as subsidiaries in 20 countries including the CIS, Central and Eastern Europe and Turkey.