Co-Director of Sberbank CIB Ruben Vardanian has been appointed as advisor of Sberbank CEO German Gref.
The press service of Sberbank reports that Vardanian's appointment is part of the reorganization of the bank's Corporate Business unit. Deputy Chairman of Sberbank's Board Andrey Donskoy has been appointed as Director of Sberbank CIB, with member of the Board Alexander Bazarov named to be his deputy.
Vedomosti quotes Gref as saying that Sberbank is refocusing from products and services to complex customer approach.
Vardanian is a Russian businessman of Armenian origin. Forbes reports him to have a fortune of almost $0.5bln. He has a charitable foundation that has provided $20mln for the $45mln Revival of Tatev project and is co-funding the $120mln Dilijan International School project.