15 Feb 2022 15:08

Sberbank to create e-commerce holding, first deputy chairman Khasis to leave executive board

MOSCOW. Feb 15 (Interfax) - Sberbank , as part of changing its organizational structure, will create an e-commerce holding, and Lev Khasis , who will leave the post of first deputy chairman of the credit institution's executive board, will become president and chairman of the board of directors of the e-commerce holding, the bank said in a statement posted on its website.

The e-commerce holding will combine Sberbank's investments in SberMarket, SberMegaMarket, SberLogistics, Sber EApteka and SMM Retail, as well as in O2O holding, Sberbank's joint venture with VK .

"Unified asset management will ensure a better customer experience, create significant synergy, and strengthen the Sber Group's position in the rapidly developing e-commerce industry," the bank said in the statement.

Sberbank also plans to establish two ecosystems, one for legal entities (B2B) and one for individual clients (B2C), in order to provide a comprehensive view of client needs and create a seamless customer experience when using Sber's services. Sberbank expects the B2B and B2C ecosystems to cooperate closely with each other, as well as with other bank divisions and Sber subsidiaries based on common platform and technology solutions. Together they should form a coherent Sber ecosystem, according to the statement.

All organizational changes are planned for implementation by June 1, 2022.