OREANDA-NEWS. September 22, 2014. At the meeting Nikolay Andreev, Executive Director of CJSC Sberbank-AST, Advisor to the CEO and Chairman of the Board of Sberbank of Russia, spoke about the history of creating the company, its activities over the last five years, and future business development plans. During the Committee’s meeting several proposals for CJSC Sberbank-AST’s future business develop were put forward.

Senior Vice President Anton Karamzin also took part in the meeting; he discussed Sberbank’s latest financial results and the current economic situation with Committee members.

CJSC Sberbank-AST is a wholly owned subsidiary of JSC Sberbank of Russia. In 2010 the Russian government selected this platform for electronic bidding on state and municipal tenders as part of the new procedure for public procurement. During these years the company has maintained a leading position on the electronic bidding market and is the leading company in the B2G segment. In 2013 CJSC Sberbank-AST’s share of the Russian market was more than 50%.

Sberbank of Russia’s Committee for Minority Shareholders Relations was established to generate a system within Sberbank aimed at maintaining efficient liaison with the Bank's minority shareholders. The Committee is an advisory and consultative board.