Sberbank shareholders approve compensation for supervisory board members
MOSCOW. June 3 (Interfax) - Shareholders in Sberbank , at their annual meeting on Friday, approved the payment of compensation to members of the bank's supervisory board for work in 2010, an Interfax at the annual meeting reported.
The independent members of the board, which chair various committees, will receive 3.6 million rubles. Independent members, if they sit on committees, will get 3.3 million rubles. Members of the supervisory board who are not independent will each get 1 million rubles.
The chairman of the audit committee will get 750,000 rubles while its other members will each receive 500,000 rubles.
The bank's supervisory board included 17 people in 2010. Seven were representatives of the Central Bank of Russia: Chairman Sergei Ignatyev, two of first deputies - Alexei Ulyukayev and Georgy Luntovsky, Deputy Chairman, Sergei Shvetsov, head auditor Valery Tkachenko, director the economic department, Nadezhda Ivanova, and the head of Moscow Main Territorial Administration, Konstantin Shor.
Other members on the board include Presidential Advisor Arkady Dvorkovich, Deputy Prime Minister and Finance Minister Alexei Kudrin, Deputy Finance Minister Alexei Savatyugin, Economic Development Minister Elvira Nabiullina, the director the government department for economy and finance, the rector of Russian School of Economics, Sergei Guriyev (independent director), the chairman of Kazakhstan's national fund, Kairat Kelimbetov (independent), the rector of the Government Academy for the Popular Economy, Vladimir Mau (independent), and Sberbank's chief German Gref and his deputy, Bella Zlatkis.
The Central Bank of Russia owns 57.58% in Sberbank (60.25% of common shares).