By Andrei Skvarsky
Sberbank has chosen candidates to fill two vacant deputy CEO positions, one in charge of retailing, the main source of funding for Russia’s biggest lender, and one to oversee the state-controlled bank’s ambitious international projects.
Alexander Torbakhov, a former head of Russian mobile service provider VimpelCom with stints at Russia’s Uralsib bank and Rosgosstrakh insurance company on his record, has been offered the job of running Sberbank’s retailing arm, though, according to one of his acquaintances, he is unlikely to accept the offer, Russian business daily Vedomosti said.
Irakli Chogovadze, acting director of Sberbank’s international operations department, who was economics minister in the Georgian government of President Mikheil Saakashvili in 2005-2006, would become deputy CEO for international business, a position vacant since Ilkka Salonen left it late last year. Chogovadze was appointed as president of the Georgian Oil and Gas Corporation in 2006 but quit after less than a month.
If approved by Sberbank’s supervisory board, Torbakhov and Chogovadze would take their new jobs by autumn.
Sberbank has recently been aggressively expanding into various fields of the banking industry, such as brokering, debt capital markets, asset management and services for wealthy clients including via cooperation with funds that invest in foreign assets.
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