Sberbank’s supervisory board nominates Gref as CEO candidate

MOSCOW, Mar 19 (PRIME) -- The supervisory board of Russia’s top bank Sberbank has approved CEO German Gref for the position of president, he said on Tuesday.

“The issue of election of president, chairman has been submitted and my candidature was approved as candidate for the shareholders to vote,” Gref said, adding that the annual general meeting of the shareholders will be held on May 24.

Gref , whose current contract expires in December, has been CEO of the bank since 2007.

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