T. Kozintsev appointed as Chairman of Board of Directors of Subsidiary Bank Sberbank of Russia

12.03.20 11:30
/KASE, March 12, 2020/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated March 11, 2020: quote Timur Kozintsev was elected Chairman of the Board of Directors of SB Sberbank JSC. The corresponding decision was made by the Board of Directors of the Bank. Earlier in February 2020 Timur Kozintsev was appointed head of Sberbank International block in the capacity of senior vice president of Sberbank PJSC. "Today, Sberbank Kazakhstan is a leader in efficiency among local banks, one of the best in the market in terms of asset quality and second in terms of loans issued. This is a good result. Today, the Bank keeps up with the time and its team has new ambitious goals for developing digital and building an ecosystem. I am sure that together we will achieve success", – Timur Kozintsev said. Timur Kozintsev joined Sberbank in 2013 and was responsible for the integration of DenizBank (Turkey) into Sberbank Group. He has been developing DenizBank risk management system as a CRO and member of the Management Board since 2015. The last two years he accompanied the deal to sell a subsidiary bank in Turkey. unquote [2020-03-12]