DGAP-News: Sberbank: Sberbank Supervisory Board Meeting Results
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Sberbank: Sberbank Supervisory Board Meeting Results
19.03.2012 / 15:21
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Sberbank Supervisory Board Meeting Results
16 March 2012, Moscow - Sberbank (SBER, SBERP) announces the results of its
Supervisory Board meeting.
The Supervisory Board has set the following dates with regard to the Annual
General Meeting to be convened to approve the 2011 results:
- the date of the AGM is 1 June 2012
- the deadline for making the list of persons entitled to attend the
meeting is 12 April 2012 (cob).
The Supervisory Board has discussed distribution of proceeds at year-end
pursuant to the new dividends policy approved in 2011, it is recommended to
allocate 15.3% of the Bank's net profit for the year according to RAS to
dividends (compared to 12.1% for 2010). Accordingly the Supervisory Board
recommends to the general meeting to issue a resolution of payment of
dividends to shareholders on ordinary shares at 2.08 rubles per share, on
preferred shares - 2.59 rubles per share (by results of 2010 dividends
amounted to 0.92 rubles and 1.15 rubles respectively). Dividend yield on
ordinary shares will be 2.05%, on preferred shares - 3.36%.
Based on the shareholders' proposals, the Supervisory Board has approved
the lists of candidates for the Supervisory Board and the Audit Commission.
The candidates for the Supervisory Board mandates are:
1. Anton Danilov-Danilyan, Chairman of Sberbank's Minority Relations
Committee
2. Mikhail Dmitriev, President of the Center for Strategic Research
Foundation
3. Ronald Freeman, Board Member, Troika Dialog
4. Herman Gref, CEO&Chairman of the Management Board of Sberbank
5. Sergei Guriev, Rector of the New Economic School
6. Sergei Ignatiev, Chairman of the Bank of Russia
7. Nadezhda Ivanova, Director of the General Economic Department of the
Bank of Russia
8. Georgy Luntovsky, First Deputy Chairman of the Bank of Russia
9. Mikhail Matovnikov, CEO of Interfax-CEA
10. Vladimir Mau, Rector of the Russian Presidential Academy of National
Economy and Public Administration
11. Alessandro Profumo, Former CEO of UniCredit Group
12. Alexei Savatyugin, Deputy Minister of Finance of the Russian Federation
13. Sergei Shvetsov, Deputy Chairman of the Bank of Russia
14. Rair Simonyan, Chairman of Morgan Stanley Russia
15. Sergei Sinelnikov-Murylev, Rector of the Russian Foreign Trade Academy
of the Ministry for Economic Development of the Russian Federation
16. Valery Tkachenko, Chief Auditor of the Bank of Russia
17. Dmitry Tulin, Ph.D. in Economics
18. Alexei Ulyukaev, First Deputy Chairman of the Bank of Russia
19. Bella Zlatkis, Deputy Chairman of the Management Board of Sberbank
The Supervisory Board has studied the annual accounting report of the
Sberbank of Russia for 2011, drawn according to requirements of Russian
laws, and also proposals of the Personnel and Compensation Committee on
payment of compensation to members of the Supervisory Board and Audit
Commission, and recommended them for approval at a meeting of shareholders.
Amendments to the 'Regulation on reserve fund, resources for payment of
dividends and undistributed profit of Sberbank of Russia', and report on
actions in control of insider information in the bank for 2011 have also
been approved during the meeting.
# # #
Sberbank of Russia
Alexander Baziyan
Public Relations
Tel. +7(495) 957 5721
media(at)sberbank.ru
Sberbank of Russia is the largest bank in Russia, accounting for about 27%
of the aggregate Russian banking assets and employing about 240,000 people.
Sberbank's founder and major shareholder is the Bank of Russia holding over
60% of voting shares. The bank's other shareholders comprise more than
245,000 legal entities and individuals. The bank has the largest
countrywide branch network with 17 regional head offices and more than
19,000 outlets as well as subsidiary banks in Kazakhstan, Ukraine and
Belarus, a branch in India, and representative offices in Germany and
China.
The bank holds the general banking license No.1481 issued by the Bank of
Russia.
The official website is www.sberbank.ru
End of Corporate News
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Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russia
Phone: +7-495-957-57-21
E-mail: media(at)sberbank.ru
Internet: www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557
Listed: Foreign Exchange(s) MICEX, RTS
End of News EquityStory.RS, LLC News-Service
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Datum: 19.03.2012 - 10:21 Uhr
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