Shareholder and Investor Engagement

The Bank’s active dialogue with its shareholders helps implement mutually beneficial solutions and accomplish strategic objectives. Current and potential investors are a source of growth in Sberbank’s capitalisation, and so it is essential that we help them understand the Bank’s business and its current and strategic objectives, thereby enabling them to make balanced and informed decisions.

In order to maintain effective shareholder relations and improve corporate governance, a Minority Shareholders’ Committee has functioned at the Bank since 2008.

The Committee holds regular meetings to discuss topics of significant interest to minority shareholders both in Moscow and at regional banks. The regional meetings are supported by video conferencing technology. This is a unique approach to minority shareholder relations, which helps us reach the broadest possible regional shareholder audience and connect this audience with Sberbank’s senior executives. In 2011, regional meetings of the Committee were held in Krasnoyarsk, Rostov-on-Don, Khabarovsk, Yaroslavl, Voronezh and Stavropol. In 2011, we began streaming live broadcasts of these meetings through the websites of respective regional banks in order to reach an even broader audience. Since its creation, the Committee has visited almost all regional banks of Sberbank.

In order to maintain effective shareholder relations and improve corporate governance, a Minority Shareholders’ Committee has functioned at the Bank since 2008

In 2011, members of the Minority Shareholders’ Committee were:

  • Maxim Lubomudrov, Deputy Managing Partner, Deloitte CIS
  • Alexey Navalny, Lawyer and Public Activist
  • Mikhail Nedelsky, Director General, CJSC STATUS (a registrar)
  • Vladimir Statyin, Director, OPIAK (a non-profit partnership to protect shareholder interests)
  • Dmitry Udalov, Financial Markets Specialist (brokerage).

The Committee is chaired by Anton Danilov-Danilyan.

All Committee members are minority shareholders of OJSC Sberbank of Russia.

Minority shareholder meetings

Overall audience of regional minority shareholder meetings 700
Total number of video conferencing connections 2,354
Average duration of a video conferencing connection 1.5 hours

Minority shareholders show a keen interest in all aspects of the Bank’s activities. The topics most often raised by them include:

  • Dividend policy
  • Loan and deposit interest rates
  • Expansion of our range of online services
  • Options programme
  • Depositary receipts
  • Privatisation of the state’s interest in Sberbank
  • Conversion of privileged shares into ordinary shares
  • Macro-economic situation, risks for the Bank
  • Brokerage services, rates and mutual investment funds
  • Acquisition of the investment company Troika Dialog and Sberbank’s international expansion.

    History

My Annual Report

Your page has been added successfully