Siegfried Wolf Enters Sberbank

People ♦ Published: February 16, 2012; 19:49 ♦ (Vindobona)

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

Siegfried Wolf Enters Sberbank / Picture: © Wikipedia / Steindy

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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