The head of Sberbank, German Gref, will leave the board of directors of Yandex, the Internet company said in a statement.
Mr Gref's term expires at the 2020 AGM and he is not nominated for re-election, - says in message...
He became a member of the board of directors of Yandex in 2014, and he also holds the post of a non-executive director at an IT company.
German Gref became president and chairman of the board of Sberbank in 2007. Since 2013, Gref has also been a member of the international council of the American bank JP Morgan Chase. In October 2018, Forbes magazine named him the second most influential citizen of Russia.
Earlier chernayakobra.ru wrote that banker Oleg Tinkov proposed to appoint German Gref as the Prime Minister of Russia. According to the founder of Tinkoff Bank, Gref's ambitions and capabilities extend beyond the state-owned Sberbank.