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Siegfried Wolf Enters Sberbank
People ♦
Published: February 16, 2012; 19:49 ♦ (Vindobona)

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The Austrian national and executive at Magna in Russia becomes President of VBI´s supervisory board.

The Russian Sberbank, which closed the sale of VBI yesterday, announced that Siegfried Wolf will act as chairman of the bank´s supervisory board. The CEO of Sberbank, German Gref, told this on the occasion of a press conference. VBI was the holding of VBAG in Eastern Europe.
Sberbank bought VBI for € 505m ($ 661m) from Oesterreichische Volksbanken AG, DZ Bank AG, WGZ Bank AG…
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