Composition of Management Board of Subsidiary Bank Sberbank of Russia changed

/KASE, June 5, 2019/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of June 5, 2019: quote Since 03 June 2019 Yeldar Amantayevich Tenizbayev has entered upon the office of the First Deputy Chairman of the Management Board by the decision of the Board of Directors of SB Sberbank JSC. Yeldar Amantayevich has been working in the banking sector since 2005. In January 2012 he became a part of Sberbank's team as the Director of National Company and Development Institution Department. Prior to joining Sberbank he held the position of Managing Director at Kazakhstan Development Bank JSC. Yeldar Tenizbayev graduated from the Republican Physics and Mathematics School, as well as Kazakhstan Institute of Management, Economics and Forecasting, Cass Business School, City University London. In 2014 he studied at London Business School as part of a top management development program in cooperation with Sberbank Corporate University. He holds the MBA and MSc degrees in finance and international accounting, and is a Bolashak Fellow. "Today, Sberbank has a strong position in Kazakhstan financial market thanks to its solid team and customer loyalty. Despite the successes achieved, we face challenging tasks to further improve the quality of services provided, to build an effective sales system, to develop new products using Subsidiary Bank Sberbank of Russia's global network and to successfully introduce modern innovative technologies. I am sure that all this will allow Sberbank to further promote the qualitative development of Kazakhstan business not only in the Republic, but also abroad", - Yeldar Tenizbayev commented on his appointment. Additional information: Professional experience of Ye.A.Tenizbayev 01.08.2005 - 19.05.2008 - Kazakhstan Development Bank JSC, BRK Leasing JSC: rose through the ranks from Manager of Agent Service Division of Monitoring and Agent Project Service Department to Head of Project Analysis Division; 19.05.2008 – 28.07.2009 - Kaztemirtrans JSC (subsidiary company of Kazakhstan Temir Zholy), Managing Director; 21.09.2009 – 15.01.2012 - Kazakhstan Development Bank JSC, Managing Director for Projects; 16.01.2012 – to present - SB Sberbank JSC: 16.01.2012 г. – Managing Director - Director of National Company and Development Institution Department; 01.11.2013 - Deputy Chairman of the Management Board of SB Sberbank JSC; 03.06.2019 - First Deputy Chairman of the Management Board of SB Sberbank JSC. unquote [2019-06-05]