Guriev might participate in Sberbank supervisory board meetings via conference call - Gref
MOSCOW. May 31 (Interfax) - Former Rector of the Russian School of Economics Sergei Guriev might possibly participate in Sberbank of Russia's supervisory board meetings via conference call, the bank's CEO German Gref told reporters after the annual general shareholder meeting on Friday.
He said that Sberbank had negotiated with Guriev.
"We agreed that he'll remain on the supervisory board and will participate via conference call, and maybe sometimes in person," Gref said.
By the time Guriev had submitted his request to withdraw his nomination to the supervisory board, around 6% of Sberbank's shareholders had already voted for him, he said.
"Of course, it's a very complicated story," Gref said, noting that the bank's lawyers studied the situation for a day and a half and even asked the Federal Financial Markets Service (FFMS) for advice.
Based on the analysis, it was concluded that Sberbank "unequivocally" did not have the right to withdraw Guriev's candidature.
Guriev received more votes than any other candidates for the supervisory board.
Central Bank Chairman Sergei Ignatyev said the regulator did not vote for Guriev.
Sberbank's primary shareholder is the Central Bank, with 52.32% of votes, or 50% plus one share in charter capital.
