Sberbank CEO could resign if change of shareholder changes strategy

Sberbank CEO could resign if change of shareholder changes strategy
  • Clock-gray 16:00
  • calendar-gray 23 January 2020

German Gref, the chief executive of Russia’s Sberbank (SBER.MM), could leave his post if a possible shareholder change at the bank results in a switch in its strategy, the RIA news agency quoted him as saying on Thursday, APA reports citing Reuters.

The Russian government has been in talks with the central bank to buy the latter’s 50% plus one share stake in Sberbank.

Gref told state television on Thursday he was “positive” about the prospect of a shareholder change.

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