President, Chairman of the Board. The head of Sberbank German Gref - about the trends of the new digital era German Gref I want to turn to him
“Such large-scale changes cannot go perfectly, but it’s good that the elephant (so affectionately Gref called Sberbank after his appointment. - Vedomosti) came to life,” says Ruben Vardanyan, the former owner of Troika Dialog, who sold the company to Sberbank, after which worked in it.
Gref for the people
Of course, the transformation of Sberbank would not have been possible without German Gref and the team he assembled, albeit not on the first try, believes Sergey Guriev, head economist EBRD.
He is now probably one of the best financial CEOs in the world, because the return on capital that Sberbank shows is one of the highest, says Oleg Tinkov, co-owner of Tinkoff Bank.
Gref's management style is far from all these principles of agile and turquoise corporations (complete freedom reigns, there are no clear job descriptions and hard KPIs. - "Vedomosti"), which he is so fond of, is rather a vertical structure, closed on the personality of Gref himself, there is no democracy, his subordinates are afraid to once again express any comments to him, one of the federal officials knows. At the lower levels, he undoubtedly managed to build a corporate culture, working mechanisms, he introduced a project approach - in this sense, Sberbank is far ahead of other banks, argues another official.
“Gref is very confident in his ideas, fanatically defends them, but then he himself can admit that he was wrong and lose faith in them for good,” says an official who has known Gref for a long time. When he came to Sberbank, these queues of grandmothers finished him off, such disrespect for people, and he said from the very beginning how he would like to change this, he recalls.
“Gref once severely scolded our team at a meeting, declaring our proposals fascist. And after a short period of time, he himself offered a job. Gref cuts from the shoulder, he can say unpleasant things, and then he will change his point of view, even if it may take time, ”says the second official, an acquaintance of Gref.
“I feel comfortable working with Gref. We have partnerships. We are probably quite similar in temperament: quite emotional, maybe even sometimes explosive, ”says Kostin. If we take, for example, the situation with Mechel, he continues, then “there, as creditors, we were definitely on the same side. It seems to me that in this situation we managed to achieve good results both for the company and for the banks.”
The role of Gref's personality is huge, all changes began with him, Vardanyan notes: sometimes due to perseverance, sometimes due to audacity and emotionality. Not everyone could get such a credit of political trust, he points out, and despite the fact that political weight plays an important role, Gref's personal contribution to the history of changes in Sberbank is enormous.
“Negotiating [on the sale of Troika Dialog] with him [Gref] was quite difficult, yet he is first and foremost a strategist and visionary, and only secondarily a businessman. But if you agree, then there are no more problems,” says Vardanyan.
“In Russia, customers are divine”: this is what German Gref said
Anton Novoderezhkin / TASS
“We live in managerial chaos for very long periods of time. Then, when the problem is already piling on us, we mobilize all conceivable and inconceivable resources and rush to solve the problem. In such a situation, no one counts either money or human lives - no resources. Everything is thrown into the furnace of the result, and in the end the problem is heroically solved” (Forbes interview, 2016)
Dmitry Serebryakov / TASS
“We are all abstractly for change. Let everything change around, let all the power change. But what if the changes affect you personally? For example, you will have to change the established lifestyle and habits. Let's say you are used to getting up at 8.30 in the morning, "intercepting" something and going to work. And you have to get up at 6.00 in the morning and start the morning with a 7 km cross, and then go to work not by car, but by bike, for example. I'll see if you want those changes. Yes, you will say: leave me alone, you will agree to any changes, but not to those that directly affect you” (Vedomosti, 2015)
Denis Grishkin / Vedomosti
“If you use the russian management style in management from morning to evening, then it’s hard to demand satisfaction from employees and ask them to pass it on to customers” (interview
Denis Abramov / Vedomosti
“Often even respected professors say that my ideas about the introduction of regular management in public administration are not applicable in practice. I said at one meeting: don't you think it looks funny when professors who have never worked in the civil service or in business sit and tell a person who spent 16 years in the civil service and eight years in big business that is this inapplicable? I worked in the municipality, I worked in major city, in a large state and was responsible for reforms in the country. And you tell me what is applicable and what is not!” (Harvard Business Review interview, 2017)
Maxim Stulov / Vedomosti
“I worked in the government for eight years. It turns out an eight-year cycle - now I have already gone into an extra cycle. You know, fatigue depends on interest. There is a result - there is interest. It's amazingly fun to work for us.” (Harvard Business Review interview, 2017)
The best version of yourself
The hardest thing then was to hire a team talented people, recalls the financial director of Sberbank Alexander Morozov. In 2007, the state bank was associated with the bureaucracy, confirms Olga Ulyanova, vice president of Moody's, who in 2007 herself preferred an international rating agency to the state bank.
The changes began with a complete change in the management team, improvement of business processes, rebranding, Ulyanov lists. The transformation was carried out with the help of “small steps” tactics, which allowed Sberbank to maintain its historically established unique competitive advantages. The new team, in her opinion, skillfully used an extensive network, nationwide recognition of the brand, the image of a calm harbor where you can wait out the storm, especially since the Central Bank and financial authorities were and remain ready to support the bank.
“The new team realized in time that the state bank, with its huge and relatively cheap passive base and with a normal rebuilt lending process, is a goose that lays golden eggs. The main thing is not to deviate from this course into risky segments and deals,” says Danilov.
True, of the 10 managers who came to Sberbank to work for Gref, only two remained - CFO Morozov and co-head of Sberbank CIB Alexander Bazarov.
“When selecting candidates for the highest level 10 years ago, we used a negative filter - there is a super goal and mission, if in doubt, we go to the next one,” recalls Sergey Vorobyov, president of Ward Howell. Only a third of top managers could not withstand the pace of change and a rigid corporate culture, he believes, a third left with an increase, the rest are evolving. And this is a good result for such a speed of change in a huge organization, he believes.
At Sberbank, Gref quickly realized that you can’t just get from point A to point B, the latter slips away all the time, continues Vorobyov. Gref and his employees have to live in a constantly changing world, he explains, and if, surprising the market, they manage to change technologically quickly, then the corporate culture does not always keep up with the changes. But this is logical: it is more difficult to change the behavior and habits of people.
“Gref correctly creates for employees a feeling of burning ground under their feet, a sense of urgency for changes to which the team must respond faster and faster every year,” Vorobyov states. “It’s especially hard for those who are closer to him, top management: they live at the highest speeds, at the mouth of a volcano.”
In the strategy until 2020, Sberbank will write that it will strive to move from bureaucracy and hierarchy to a team game, Yulia Chupina, deputy chairman of the board of the state bank, promised in November at the Winning The Hearts management forum. Feedback with employees showed that the corporate culture lacks humanity, respect, openness and cooperation, Chupina noted, and Sberbank is ready to help them become the best version of themselves.
“The feeling that Sberbank is becoming the reincarnation of Uralsib from the time of Nikolai Tsvetkov,” says one of the former top managers of Sberbank. – This is a pretty strong intrusion into the lives of employees. And of course, not everyone likes it, but it’s almost impossible to convince Gref.”
The task of the leader is to set the direction and manage to maneuver between threats and opportunities, reliability and change, which in itself is a big test that forces you to change style, Vorobyov points out: “The ability to play with the team, achieving greater efficiency and speed, constantly raising the bar, but also supporting each next step requires both effort and patience from all participants.
Monopoly and risks
Gref's team inherited the rich monopolistic heritage of Sberbank, but its market share has been growing all these years in all areas: lending, deposits, investment business. With the advent of new managers, Sberbank increasingly tangibly influenced deposit rates, shares one of the former employees of the state bank, and made good money on this: “Just calculate how much you can earn if, having a deposit base of 20 trillion rubles, you reduce the rate by only 1 percentage point."
Ulyanova considers a prudent approach to risk taking to be the main factor in Sberbank's success story: "Among all state-owned banks, Sberbank has the most balanced and diversified loan portfolio." Sberbank's 20 largest borrowers together account for about 1.5 of its Tier 1 capital, while other large state-owned banks - VTB, Gazprombank and Rosselkhozbank - have a similar or greater share of their capital in their 10 largest borrowers. The diversification of credit risks allowed Sberbank to suffer smaller credit losses during the crisis, Ulyanova is sure, to remain profitable, to accumulate capital, which lays the foundation for technological transformations.
“It's nice to talk about Sberbank, this is a rare success story of this magnitude,” Ulyanova admits. Sberbank is a rare case: a large financial institution does not ask for money to replenish capital. In particular, unlike VTB and Rosselkhozbank, it did not participate in the additional capitalization program through OFZ.
The bank does a lot of project lending and, while politically motivated loans cannot be ruled out, they are not significant to the bank's business, Ulyanova concludes.
The main challenge for a state-owned company is the ability to resist political temptations, such as not accepting offers to issue loans to companies with political connections, Guriev is convinced: “As a member of the board of directors in 2008-2014, I can say that in the vast majority of cases cope with".
“Success is primarily determined by the team, the professionals who work in the bank, the technologies that the bank uses,” says Kostin. – I would say this: relations with the shareholder, relations with the authorities are, of course, important, but they are not the determining and key success factor. Because you can have a big political resource and bad performance results.”
Europe, space, friendship and other failures
Expansion to Europe and Turkey began in 2012 - but ran into sanctions and negative rates of the European Central Bank and began to look like a trip with a suitcase without a handle. Sberbank Europe AG (former Volksbank International) Sberbank bought for 505 million euros, it is represented in 10 countries of Central and of Eastern Europe. Sberbank paid 2.8 billion euros for the Turkish DenizBank. In Europe, geopolitical tensions and the specificity of the market with low rates and profitability played a role, while in Turkey, where DenizBank has a good performance, a very difficult and competitive environment, Danilov points out.
Sberbank - primarily due to its scale - does not always show flexibility, Zadornov points out: the reform of the organizational structure there has not been completed, the tasks that were set in Sberbank's strategies to reduce the number are not regularly fulfilled. Only in 2017, Sber carried out a noticeable optimization of the state.
If Sberbank was able to standardize work with small businesses and the population, then with the titans Russian business- not so far. One of the largest borrowers - according to bankers' estimates, is $ 5-7 billion of debt - businesses owned by the family of Mikhail Gutseriev. This is an unprecedented amount of risk that Sberbank has taken on one group of clients. Among Sberbank's top 20 borrowers, Fitch names two oil and gas and real estate-related borrowers who owe RUB500bn, a similar $7bn. Danilov declined to talk about these borrowers. Several bankers explained this situation by the good relations between Gutseriev and Gref.
With another large borrower, the main owner of Eurocement Group, Filaret Galchev, Gref did not stand on ceremony. He was not on the credit committee of Sberbank, where the restructuring of the company's debts was discussed. Galchev was going to space and studied at the Cosmonaut Training Center. Gref, Vedomosti wrote in 2015, contacted the leadership of Roskosmos and asked to leave Galchev on Earth - "he has a lot of problems here." Representatives of the businessman do not comment on the situation, but indicate that Galchev did not fly by decision of the leadership of Roskosmos: a test cosmonaut from Kazakhstan, Aidyn Aimbetov, went to the ISS instead of Sarah Brighton.
To Sberbank's credit, it must be said that it never delays recognizing losses, Danilov points out, citing the restructuring of Mechel's debts by more than 80 billion rubles as an example. Sberbank was the only creditor who created a 100% reserve for them and threatened Mechel with bankruptcy. VTB and Gazprombank took a softer position in relation to the company and its owner Igor Zyuzin, while Gref repeatedly said that things were heading for bankruptcy.
Support system
Ten years ago, no one could have imagined how far Sberbank could go, Guriev says: it has become a leading Russian company not only in terms of capitalization, but also in terms of service quality and focus on international innovation. But Guriev considers the proof of the “existence theorem” of meritocracy to be the main achievement: “The team managed to show that in Russia, as in other countries, it is possible to build a successful service business based on human capital and innovation. This is critically important for the Russian economy.”
Sberbank, even in the worst years, was the main generator of profits in the banking system, but if earlier its share was 40–50%, then after the crisis it was 60–70%, Ulyanova points out. The crisis contributed to the deepening of the gap between strong and weak players, which Sberbank was able to effectively use: it relied on even greater attraction of retail deposits and by the end of 2015 - much earlier than other banks and the system as a whole - replaced the expensive money of the Central Bank with deposits .
The banking sector before the last crisis gave a seventh of the profits in the Russian economy, now it is about a tenth, so the role of Sberbank is very large, Zadornov admits. Sberbank, in addition, sets trends in the technology market, which is important both for competitors and for companies from other market sectors, he is sure. The former owner of Binbank, Mikail Shishkhanov, admitted to Vedomosti that he simply looked at Sberbank and repeated after him.
Funds instead of oligarchs
“It is known how we had some additional issues [people's IPOs] - they were bought by the oligarchs at the direction,” said Dmitry Orlov, the guru of the banking business and the owner of Vozrozhdenie Bank, in 2010, clearly referring to Sberbank. Among the shareholders then was the owner of Nafta-Moskva, Suleiman Kerimov, Galchev, the founder of Inteko and the wife of the then mayor of Moscow, Elena Baturina. The previous team of managers was actively lending to businessmen when they bought Sberbank shares, since they could have been mortgaged to the bank. Gref stopped this practice. Later, Western funds became interested in investing in the bank - in 2017, non-residents own 45.4% of the shares of the state bank. A large share - only the Central Bank.
Western investors are buying and holding his shares despite the sanctions. Such shareholders make decisions based on profits and dividend payments, and these indicators are very strong for Sberbank and rely on fundamental, not opportunistic factors, Ulyanova notes.
The question of what will happen to the bank when Gref is not there, Tinkov argues: “In a sense, investors are hostages of this success - if he leaves, then the bank's capitalization will decrease. But Apple has gone through this with Steven Jobs and Google."
Even after Gref's departure, the bank will continue to move by inertia - this aircraft carrier is equally difficult to transform and sink, Vardanyan is sure.
Tinkov believes that Gref's personal management resource prevails over politics: "We compete with them [Sberbank], and their decisions are subject to commerce, not politics."
Margarita Papchenkova and Elena Mukhametshina contributed to the preparation of the article
German Oskarovich Gref- Russian statesman, minister economic development and trade Russian Federation(2000-2007), President and Chairman of the Board of Sberbank of Russia. Co-Chairman of the Board of Trustees of the Mariinsky Theatre, Member of the Board of Trustees Russian Council for International Affairs and Chairman of the Board of Trustees of the National Research University Higher School of Economics, Chairman of the Board of Trustees of the Foundation for the Support of the Deaf and Blind "Connection". Chairman of the Board of the Center for Strategic Research. Member of the Board of Directors of Yandex. Member of the board of directors of the American banking holding Morgan Stanley.
Family of German Gref
German Gref was born on February 8, 1964 in the village of Panfilovo, Irtysh district, Pavlodar region, Kazakh SSR, where his family, ethnic Germans, was exiled in 1941.
Herman's father, Oscar Fedorovich Gref, worked as an engineer. German Gref's ancestors, German colonists, settled in Russia more than two hundred years ago. Paternal ancestors first lived in Western Ukraine, in the Volyn province, but during the First World War they were resettled in the Donbass.
Herman Gref's mother, Emilia Filippovna, worked as an economist in the village council - she comes from the Volga Germans. There were three children in the family (Herman - younger son). When Herman was one and a half years old, trouble happened in the family - his father died.
Education of German Gref
At school, German Oskarovich studied well. The young man was engaged in Komsomol work, was the Komsomol organizer of the class. In high school, Herman had a dream - to continue to study in Moscow. German Gref dreamed of entering MGIMO. But when he asked for a Komsomol reference at his native school, German was explained that with his biography (more precisely, pedigree), they could not be given a direction to such a prestigious university.
Then German Gref went to Omsk to enter the law faculty of Omsk University. But he failed to become a student. One teacher advised him to serve in the army, and thereby acquire the necessary seniority. Gref did just that.
German Gref served in the city of Chapaevsk, Kuibyshev Region, in the 28th division of the Directorate of Special Units of the Internal Troops of the USSR Ministry of Internal Affairs, which guarded sensitive defense facilities. At the end of his service, German Oskarovich received a command recommendation for entering a university and, having retired from the reserve, in 1984 he entered the preparatory department of the law faculty of Omsk University, and in 1985 German Gref became a student.
In 1990, German Oskarovich graduated from the law faculty of Omsk state university majoring in jurisprudence and remained there as a teacher.
Students of the Faculty of Law of the Omsk State University, graduated in 1990: German Gref (bottom row, first from the left) (Photo: superomsk.ru)
In 1990-1993, Gref studied at the graduate school of the Law Faculty of Leningrad University. His scientific adviser was Anatoly Sobchak, to whom he got on the recommendation of the dean of the law faculty of Omsk State University S. N. Baburin.
In 2011, already being the head of Sberbank, German Gref defended his dissertation at the Russian Academy of National Economy and Public Administration under the President of the Russian Federation.
The work and career of German Gref
While studying in graduate school, German Gref in parallel in St. Petersburg in 1991 worked as a legal adviser to the Committee for Economic Development and Property of the Administration of Petrodvorets. In 1992, Herman Gref's biography lists the work as the head of the Petrodvoretsky District Agency of the Committee for Property Management of the Administration of the City of St. Petersburg. In 1992-1994, German Oskarovich Gref was Chairman of the Property Management Committee, Deputy Head of the Administration of the Petrodvortsovy District of St. Petersburg.
In 1994, German Gref became Deputy Chairman and then First Deputy Chairman of the Committee for City Property Management of the St. Petersburg Mayor's Office.
In 1997, German Gref became vice-governor and chairman of the Committee for City Property Management of the Administration (KUGI) of St. Petersburg. At the same time, Gref became a member of the board of directors of JSC Lenenergo. In 1998, German Gref joined the board of directors of the Sea Port of St. Petersburg company and the board of directors of the Petersburg - Channel 5 company.
German Gref has been appointed Chairman of the St. Petersburg City Property Management Committee (KUGI) (Photo: Ivan Kurtov/TASS)
During his work in the administration of St. Petersburg, German Gref met Vladimir Putin, Alexei Kudrin, Dmitry Kozak, Dmitry Medvedev. German Oskarovich and Vladimir Putin (then vice-mayor) were consultants and members of the advisory board of the German real estate company SPAG, created on the initiative of the mayor's office of the northern capital.
German Gref and his work in government
In 1998 German Gref became a member of the collegium of the Ministry state property of the Russian Federation and First Deputy Minister, and in 1999 a member of the board of the Federal Commission for the Securities Market, head of the Center for Strategic Research.
During the formation of Mikhail Kasyanov's government, German Gref was invited to the post of Minister of Economic Development. German Oskarovich held this position from 2000 to 2007.
German Gref was the main lobbyist for Russia's entry into the World Trade Organization (WTO). Also at various times he was a member of the board of directors of many state-owned companies (Gazprom, Svyazinvest, etc.). On February 24, 2004, the Kasyanov government was dismissed. Gref also resigned from the post of minister.
In the next government Mikhail Fradkov German Gref again took the post of Minister of Economic Development and Trade. German Oskarovich in the position of minister gained a reputation as a “hard-core” market man and liberal, ready to carry out the most unpopular reforms at any cost. He believed in private property and the need for the state to withdraw as much as possible from the economy.
In 2007, President Putin accepted the resignation of the Fradkov government.
German Gref and his work at Sberbank
Since October 2007, the biography of German Gref has been associated with Sberbank. German Oskarovich holds the position of chairman of the board of the largest bank in the country - Sberbank of Russia.
In Sberbank, German Gref first of all carried out a purge in the management. According to media reports, German Gref also raised the salaries of top managers of Sberbank. German Oskarovich himself registered in the top five highest paid managers in Russia. In 2013, Gref entered the TOP-5 of the Forbes list (5th place) of the most expensive managers in Russia with an annual income of $ 15 million. The share of Sberbank of Russia shares owned by G. O. Gref: 0.003096% (package price - $ 2 .19 million). In 2014, he again found himself in a similar Forbes ranking in 4th place with an income of $ 16 million. In 2015, German Gref was on the list of the most expensive company executives of the same publication, he took 6th place with $ 13.5 million, according to the results of 2016, Gref took third place with revenue of $11 million.
In 2016, all the news was the arrival of German Gref in one of the branches of Sberbank in a suit of a disabled person, the head of the bank incognito tried to get a loan. To feel himself in the place of a disabled person, Gref was dressed in a special expensive Gert specialized suit, which imitates various physical limitations. According to the top manager, in glasses he saw only blurry outlines of faces and large numbers. Based on the results of the experiment, the head of Sberbank noted that customer service with disabilities should be improved.
Head of Sberbank German Gref (foreground) in a specialized GERT suit (Photo: Anton Novoderezhkin / TASS)
Many Russians did not understand why they need to spend money on Gert suits in order to improve service for disabled customers. Probably, there is a lot of free money in the bank, at least for eight months of 2016, according to Gref, Sberbank earned a record profit for all the years of its existence.
On May 29, 2015, at the annual meeting of shareholders, the powers of German Gref as the head of Sberbank were extended until December 2019. German Gref noted that he intends to manage the largest bank in Russia until the expiration date of the current contract with shareholders.
Scandals and loud statements by German Gref
At the same time, there are difficulties in the Russian economy outside Sberbank, according to ex-Minister German Gref. Gref's statement at the January Gaidar Forum 2016 caused a great resonance, in which he noted that Russia had already lost competition in the global economy and was included in the list of downshifting countries.
German Gref during a speech (Photo: Viktor Chernov/Russian Look/Global Look Press)
Gref's words caused a lot of backlash. Vice Speaker of the State Duma Nikolay Levichev urged German Gref to resign. Member of the Federation Council Committee on International Affairs Igor Morozov called for this Gref "a dead beast", recalling the statements of German Oskarovich that it is easier for him to buy 100 Boeings than to give this money to Russian manufacturers.
Assistant to the President of the Russian Federation for Regional Economic Integration Sergei Glazyev said that "if Russia lost the competition, it was thanks to Gref and his colleagues," who "formed the anti-Russian model of the state in the 90s." The press secretary of the President of Russia Dmitry Peskov said on this occasion that the Kremlin "does not join this or that camp" in the discussion between presidential adviser Sergei Glazyev and the head of Sberbank German Gref.
Gref German Oskarovich is known for his political activity not only in Russia, but also abroad. His conceptual ideas are very popular. In 2007, Gref became the head of Sberbank, which he still is. According to Forbes magazine, the banker was included in the list of nine Russian businessmen who are considered eccentrics and eccentrics. Who is German Gref? His biography is very eventful, and in this article we will take a closer look at the life of a politician.
Place of birth and family
Gref German Oskarovich was born on February 8, 1964 in the Kazakh SSR, in the village of Panfilovo, Pavlograd region. His parents are ethnic Germans who were exiled from the Donbass to Kazakhstan in 1941. Then they had to live in harsh conditions of the commandant's regime. It was in such an environment that German Gref grew up.
His family was simple: his father worked as an engineer, and his mother worked as an accountant. The future famous politician was the third child, he had a brother and sister. German Gref, whose nationality predetermined that he would carry two cultures from childhood, grew up calm and tidy. Parents communicated with their children in two languages: German and Russian.
German Gref: biography
Herman married early, to his former classmate, and went with her to Omsk in order to enter the university, but this attempt was unsuccessful. Soon he was taken to the army, where he served for two years in the special forces of the Ministry of Internal Affairs. After serving in the army, he made a second attempt to enter the university. And this time, his longed-for dream comes true - he becomes an applicant for the Faculty of Law of the Omsk State University.
By the way, at the end of his studies, he was awarded a red diploma, and besides, he has established himself over the years of study at the university as an active participant public life. German Gref, whose nationality to some extent hindered his development in Soviet time, against all odds, succeeded.
Later he became a graduate student at Leningrad State University (in 1990-1993). True, after graduating from graduate school, Herman was never able to defend his dissertation. In order to provide for his family, while still a student, he went to work in construction teams.
In 1990, Gref was a teacher at the Faculty of Law of OSU. In 2011, at the RANEPA, he managed, after many years, to again attempt to defend his dissertation, which he successfully succeeded in doing.
He is fluent in German and loves to read Goethe.
Moving to Petersburg
In 1991, the family moved to the northern capital and got a job in the administration of the Petrodvorets district. German Gref, whose biography is presented to your attention, has since received high-ranking positions over and over again. Here he first worked as a lawyer for a year, and then headed the KUGI for two years and was the deputy head of the city of Petrodvorets.
During his work, he proved himself to be an intelligent pedant who has a professional acumen. Thus, for three years he oversaw the property of the museum town in various positions, and later he was engaged in the same activity, only at the St. Petersburg level.
In the early 90s, Mayor Sobchak was Gref's supervisor at Leningrad State University, so since that time the latter had good ties with political figures, which could not but affect the development of his future career. In addition, he was also familiar with Vladimir Putin. Sobchak and Putin are often even called " godfathers"Herman Gref.
1994 marked a new round in the political career of German Gref - he becomes deputy chairman of the KUGI city hall of St. Petersburg. Later, namely in 1997-1998, he holds the post of chairman and vice-governor.
In 1997, German Oskarovich is a member of the board of directors of JSC "Lenenergo" and becomes vice-governor. And in 1998 he became a member of the Board of the Ministry of State Property of the Russian Federation and First Deputy Minister. A year later, he becomes a member of the board of the Federal Commission on the Securities Market and, in addition, heads the Center for Strategic Research Foundation.
Moscow career
In 2000, after Gref moved to live in the capital, he was appointed Deputy Minister of State Property of the Russian Federation, and later Minister of Economic Development and Trade.
From 2000 to 2007 he is the Minister of Economic Development and Trade of the Russian Federation in the government of Mikhail Fradkov and Mikhail Kasyanov. At that time, he actively supported Russia in its entry into the WTO (World Trade Organization). In July 2000, he was appointed Governor from the Russian Federation at the European Bank for Reconstruction and Development, and in the same year, somewhat later, he became Deputy Governor from the Russian Federation at the IBRD. From 2011 to the present, Genrikh Oskarovich - Member of the Board of Trustees of the RS for International Affairs. And since 2007 - the head of Sberbank.
Attitude towards sports
German Gref has a positive attitude towards sports and has been fond of its various types since childhood, such as athletics, hockey and basketball. He later developed an interest in tennis.
He assures that he trains at least 4 times a week, however, due to employment, this is not always possible. In addition, the head of Sberbank insists that all of his top managers go to the gym at least 3 times a week.
German Gref: personal life
The first time Gref got engaged very early, and shortly after the wedding, he and his wife Elena Velikanova had a son. Herman Gref's wife is currently designer Yana Golovina, with whom he married in the throne room of the Peterhof reserve. In 2006, their daughter was born. And son Oleg, from his first marriage, has now graduated from Moscow State University and became vice president of the NEO Center company.
Banker
Since 2007, German Oskarovich has been President and Chairman of the Board of the Savings Bank of the Russian Federation.
According to German Gref, Sberbank requires competitiveness to be the key element in its activities. Therefore, from the moment he started his activity in the main bank of Russia, he began a course towards creating a flexible and reliable structure, sensitive to market signals and friendly to depositors. Under his leadership, Sberbank was updated not only externally - the team of top managers was also updated.
Harsh but fair
Herman Gref's statements about the people and what is happening in the country are sometimes somewhat harsh and carry the harsh truth about reality. In the recent past, a situation arose when German Gref called Russia a downshifter in his speech. This statement was not liked by State Duma Vice Speaker Nikolai Levichev, who, in response to these words, suggested that the politician resign voluntarily.
Herman Gref once spoke about the people as follows: “As soon as all people understand the basis of their “I”, they will self-identify, manage, that is, it will be extremely difficult to manipulate them,” meaning by this that it will be difficult to live in such a society and not easy manage them. Relatively current situation our country in the world economy, he states the following: "Russia is losing competition, and the oil age has come to an end. From now on, the only chance for the country is the development of the following three components - science, education and business." It was then that a scandalous statement was made, which some did not like, that Russia is a downshifter country - that is, it is a loser.
To change the current situation, Gref suggested joining the technological revolution and changing the model of education that has remained since Soviet times. It is from this, in his opinion, that it is necessary to start in order for there to be any shifts for the better.
Here are some more of his quotes:
- "We are creating an absolutely unthinkable number of universities that train accountants, our whole country will soon become accountants!"
- "The media must be allowed into all the innermost processes of civil servants."
- "The most difficult choice - no one can be thrown out" (on the creation of special economic zones).
Scandals
Four criminal cases were associated with the name of Gref while he served as vice-governor and chairman of the KUGI of St. Petersburg. One of them is related to the privatization of the palace of Prince Gorchakov. The politician decided to privatize it, but the status of a monument of federal significance contradicted these actions on his part.
The next time he was suspected of taking a bribe. This happened because of the situation when German Gref handed over the Sennoy market without competitive bidding to the director of a commercial center. After that, one businessman who wanted to get the named object was informed that a bribe helped Gref in making this decision - but he was never interrogated in the case.
The third case was related to JSC Color Printing Plant. German Gref issued an order according to which the position of general director was to be taken by a person from the close circle of the politician. The prosecutor's office saw in this the interference of the authorities in the activities of the organization. This time, the case was also not given a move.
And finally, the last criminal case was connected with the redistribution of the real estate business in St. Petersburg. Then four large firms could not divide the spheres of influence, and Alexander Moshkalov, who at that time was trying to subjugate large real estate agencies to his influence, it was in Gref's office that he made an appointment with the president of the city Association of Realtors.
Conclusion
German Oskarovich achieved great success in politics, but not only. For a long time he has been at the helm of the largest bank in Russia. His personality is somewhat controversial and certainly flamboyant. German Gref, whose biography is set out in the article, is known for his diligence, perseverance and great goals. He is an ambitious and versatile person.
Family
German Gref is married for the second time. His wife Yana Golovina- designer. Their wedding took place in the throne room at Peterhof. A daughter was born from this marriage in 2006, and a second child in 2008.
Since 2008, the mother of Gref's wife, Tatyana Golovina, has been running the Rus sanatorium in Gelendzhik, owned by a state-owned company. "Transneft". Since 2008, the sanatorium "Rus" has transferred its accounts to Sberbank.
Gref's son from his first marriage Oleg, who graduated from Moscow State University in 2004, works as vice president of a consulting company accredited by Sberbank "NEO Center", which was seen in a number of corporate conflicts of Sberbank.
Older brother Evgeny Gref- a businessman in Omsk, co-owner of the Technosophy, Sibir-keramika chain stores, Geomart and Letur shopping centers. In 2008, Sberbank issued him a loan in the amount of 500 million rubles.
Older sister of German Gref Elena Peredriy after graduating from the pedagogical institute, she married Sergei Peredriy, and moved to live in Nakhodka. Owns a large stake in the bank "Primorye" family owned Sergei Darkin, who has been the Governor of Primorsky Krai since 2001, and since 2012 - Deputy Minister regional development Russian Federation.
Daughter of Herman Gref's sister, Olga Tyshchenko works as the chief specialist of the HR department of Sberbank. Niece (brother's daughter) Evgenia Gref has been with the company since 2009 Krasnov design serving Sberbank. The owner of the company - Boris Krasnov in 2011 was involved in a criminal case - racketeering, a number of the accused in this criminal case were arrested.
Parents: Oscar Gref and Emilia Gref (dev.Koch). The family of G. Gref's father was exiled to Kazakhstan in 1941 from Donbass, the mother's family was expelled from Leningrad. Gref's father was an engineer, he developed the power supply system for his village. He died when Herman was only one and a half years old. The grandmother helped raise the children. Mother worked in the village council as an economist, was considered a good specialist and organizer. According to some reports, her father, a professor of philology, came to Russia at the beginning of the century to St. Petersburg to teach Greek philosophy.
Biography
German Gref was born on February 8, 1964 in the village of Panfilovo, Irtysh district, Pavlodar region, Kazakh SSR, in a family of ethnic Germans. He studied at school for threes and fours, he didn’t particularly shine with talents.
In 1981-1982 he worked as a legal adviser to the district agricultural department of the Irtysh district of Pavlodar region.
In 1982-1984 he served in Armed Forces USSR, in parts of the special forces of the internal troops of the USSR Ministry of Internal Affairs. Having benefits after the army, he entered Omsk State University.
In 1990 - graduated from the Faculty of Law of Omsk State University with a degree in jurisprudence. One of Herman's teachers was Burbulis.
In 1990 he moved to St. Petersburg, where in 1990-1993 he studied at the graduate school of the Faculty of Law Leningrad University, but did not defend his dissertation in those years. He defended himself in 2011 in Russian Academy of National Economy and public service under the President of the Russian Federation on the topic: "Development and Prospects for Structural Institutional Reforms in the Russian Economy". In the 90s, Herman met the mayor of St. Petersburg Anatoly Sobchak and Vladimir Putin who worked at City Hall.
1991: Served as legal adviser to the Administration's Economic Development and Property Committee Petrodvorets(Saint Petersburg).
In 1992, he worked as the head of the Petrodvorets regional agency of the Property Management Committee of the Administration of the City of St. Petersburg, Chairman of the Property Management Committee - Deputy Head of the Administration of the Petrodvorets District of St. Petersburg.
1994 - Deputy Chairman - Director of the Department real estate, First Deputy Chairman of the City Property Management Committee of the Administration (KUGI) of St. Petersburg. Activities in the KUGI (from 1994 to 1997) were severely criticized by the opposition media. He was accused of the failure of the reform of housing and communal services in St. Petersburg, a sharp increase in rents and the illegal privatization of historical sites in the city.
In 1997, he became vice-governor, chairman of the City Property Management Committee of the Administration (KUGI) of St. Petersburg, member of the board of directors JSC "Lenenergo".
1998 Works as a member of the Board of the Ministry of State Property of the Russian Federation, First Deputy Minister of State Property Russian Federation.
1999 - Member of the Board of the Federal Commission for the Securities Market, Head "Center for Strategic Research". During the formation of the Cabinet, German Gref was invited to the post of Minister of Economic Development created especially for him.
This ministry arose through the merger of the Ministry of Trade of the Russian Federation and the Ministry of Economy of the Russian Federation. German Gref lobbied for Russia's entry into the World Trade Organization ( WTO). He was a member of the board of directors of many state-owned companies ( "Gazprom", "Svyazinvest" and etc.).
On February 24, 2004, the Kasyanov government was dismissed, Gref also resigned from the post of minister. As a minister, Gref served on the boards of directors and supervisory boards of a number of companies with state participation as a representative of the state.
On July 3, 2000, he was appointed manager from the Russian Federation in European Bank for Reconstruction and Development.
In early March 2004, a government was formed Fradkov, in which German Oskarovich again headed the Ministry of Economic Development and Trade of the Russian Federation. On May 7, just two months later, this government resigned. newly elected V.Putin appointed Mikhail Fradkov as Prime Minister again, and in Fradkov's second government, German Gref retained his portfolio.
Minister of Economy and Trade German Gref was considered one of the brightest representatives liberal wing in the government. He was a supporter of radical market reforms and the withdrawal of the state from business.
It was for the implementation of these ideas that V. Putin invited him to the government. In the government, however, Gref had to maneuver between various power groups more than other liberals. He has been called the most controversial figure in the liberal government.
In the field of economics, among his merits is the creation free economic zones, consistent support for electricity reform and tax reform (for example, before leaving his ministerial post, German Gref predicted a target VAT rate of 15% instead of the current 18%).
Gref's confrontation with, who suggested not rushing into tax reform, is known, but ex-premier Kasyanov pushed Gref towards greater radicalism.
The conflict of interest sometimes escalated so much that Gref, despite the special confidence of the president, resigned more than once, but the president refused him.
As a minister, Gref actively participated in the promotion Sochi as the venue for the 2014 Olympics. Under him, the Ministry of Economic Development oversaw the federal target program "Development of the city of Sochi as a mountain-climatic resort until 2014", which was later transferred to the Ministry of Regional Development.
On September 12, 2007, Prime Minister Fradkov asked Vladimir Putin to resign the government. The president accepted the resignation of the government and together with the government Gref also resigned.
From October 2007 to the present German Gref - Chairman of the Board Sberbank of Russia. former head of the bank Andrey Kazmin was transferred to work in Russian Post, which caused dissatisfaction with the leading managers of the bank, who voted against Gref.
The costly rebranding of Sberbank, carried out by Gref in the conditions of the economic crisis, caused a wave of indignation in the media. In addition, being a supporter of the idea of privatizing state-owned banks, G. Gref is in favor of reducing the share CB in the authorized capital of the bank up to 50% + 1 share from the current 57.6%. However, while the Russian government is in no hurry to privatize Sberbank.
In October 2011, German Gref was noted by Forbes magazine as one of the nine most unusual Russian businessmen - crazy people, eccentrics and eccentrics.
2014: at a meeting in Public Chamber on energy issues, Gref stated: " Sanctions added to the negative, but let's not blame everything on the sanctions. We have a lot of our own problems, we would have had either zero or negative growth next year without any sanctions. Therefore, the question is in us, not in sanctions".
German Gref denied the information that appeared on the Internet about speculation allegedly carried out by his bank in the foreign exchange market. He assured that twice a day he sends to the Central Bank a complete detailed report on his operations in the international interbank Forex market, where large banks buy currency for their needs.
Thus, he came into conflict with the head of the Ministry of Economic Development Alexey Ulyukaev who stated: " All participants in the foreign exchange market speculate. One way or another, they open currency positions in order to earn money. I guess it's called speculation".
On August 10, 2015, the Government Office redirected the deputy's request Vyacheslav Tetekin() v Ministry of Finance of Russia.
Earlier, on August 4, the deputy sent a letter to the Prime Minister of the Russian Federation Dmitry Medvedev in connection with the refusal of the head of the Russian Sberbank German Gref to recognize Crimea part of Russia.
"According to media reports, the head of the Russian Sberbank, German Gref, in an interview with the German radio station WDR 5, said that the department he heads did not plan and does not plan to enter the Crimean peninsula while it is part of the Russian Federation. In particular, when asked by the moderator why there are no representative offices of the Russian Sberbank in Crimea, Mr. Gref answered: “Because Crimea is the territory of Ukraine, from the point of view of the international financial sector, and we adhere to this position. Sberbank Crimea is not Russia", - wrote Tetyokin.
German Gref is equally fluent in Russian and German, loves Goethe and the German Expressionists.
Income
In May-June 2010, it became known that Gref became the owner of 0.0007% of ordinary shares OJSC "Sberbank of Russia", while its share in the authorized capital of the bank amounted to 0.0006%. Previously, G. Gref did not own the bank's shares. In October 2011, he increased his share of ordinary shares to 0.003%, and his participation in the bank's authorized capital to 0.0031%.
In 2013, he entered the top 5 of the Forbes list (5th place) of the most expensive managers in Russia. His income over the past year amounted to $ 15 million. The share of shares of Sberbank of Russia, owned by G. O. Gref: 0.003096% (package price - $ 2.19 million).
Scandals, rumors
While still the head of the State Property of St. Petersburg, German Oskarovich was involved in four criminal cases at once. Moreover, all these cases were associated with millions of dollars: In one case, Gref was suspected of illegally privatizing the palace Prince Gorchakov, in the materials of another - they were accused of taking a bribe, but the criminal case was closed, since the only witness was killed. The third criminal case was connected with Gref's interference in the activities of the joint-stock company, and, finally, the fourth - with the "black" redistribution in the real estate market of St. Petersburg.
The media wrote a lot about strange story: a week before the resignation of the Fradkov government, the Ministry of Economic Development and Trade, still headed by Gref, invested in a project for the production of integrated circuits at one of the factories near Moscow. The project itself is ordinary, but the amount is amazing - one billion euros, and the fact that the project was approved in just a week.
According to a number of media outlets, German Gref is associated with "close business relations" with the recipients of the money, so a billion euros was considered a "severance pay" for the minister.
Many scandals arose already when Gref was a banker. So, the electronic system of Sberbank installed last year - the most expensive and largest in Russia - fell several times. Moreover, the latest failure coincided with the launch of new and widely advertised software. The reason was an extremely expensive, and at the same time, incompatible product from different manufacturers.
In 2008–2009, the entrepreneur Vachevsky received a number of loans from Sberbank totaling more than 700 million rubles. The money was not returned on time and the accounts payable were recognized as a "problem asset". The problem was entrusted to the appropriate department of the Central Russian Bank of Sberbank.
In the summer of 2012, an intermediary came out on the Vachevsky - Denis Vasekha, who said that he had serious connections in Sberbank and offered him to "settle" the debt for 100 million rubles. Vachevsky agreed for the sake of appearances, but he turned to FSB with an extortion claim. Further conversations with Vasyakha and Sberbank employees were under the control of operatives and were recorded. Upon receiving a copy of the payment for the transfer of the first tranche of 60 million rubles, the extortionist was detained right at the head office of Sberbank on Vavilov Street in Moscow. Later, his accomplices, bank managers, were also arrested.
Formally, Sberbank took a neutral position in the case of the detention of its managers. But, according to some reports, he gave them tacit support. At the end of last year, the head of Sberbank German Gref appealed to the leadership of the Ministry of Internal Affairs and the metropolitan police with a statement about initiating a criminal case against Konstantin Vachevsky for embezzling 700 million rubles, but the Ministry of Internal Affairs refused to initiate a case. As a result, the management of Sberbank was forced to admit that the credit institution was harmed by the actions of its own regional managers.
According to experts, the problems of Sberbank of Russia are caused not so much by low-quality software, or scammers in regional offices how much complete incompetence of top management.
As you know, German Gref, not an economist by education, and before his appointment did not work in banking structures for a single day, but he changed all the top managers in the bank. Instead, business partners, or simply Gref's relatives, were appointed to responsible positions in the bank or its affiliated structures.
All close relatives of German Oskarovich are very well arranged: his wife, Yana Golovina, conducts a joint business with her ex-wife and top manager of the corporation AFK Sistema. His sister is a business partner of the ex-governor of Primorsky Krai Sergei Darkin. Her husband was vice governor of Primorsky Krai, but resigned in 2006 in connection with a housing finance audit scandal. It turned out that utility bills received from the population of the region were transferred to the accounts of the governor's wife Larisa Belobrova, Vice Governor Sergei Peredria and his wife Elena Peredriy.
Gref's older brother is one of the largest retailers in Omsk, having loans from Sberbank for any amount and on the most favorable terms. The niece organizes corporate parties at exorbitant prices for bank employees, and even the mother-in-law at one time entered into a working conflict with the daughter of the Saratov governor Pavel Ipatov.
German Gref's son Oleg is a co-owner of the NEO Center consulting company, which is a partner appraiser at Sberbank. A number of high-profile scandals are connected with this firm, first of all, with the deliberate underestimation of the value of pledged assets by NEO Center and their sale for next to nothing in favor of the Gref family. All these schemes, unlike ATM software, work flawlessly.
Gref is often charged with non-traditional sexual orientation.
"The head of the Savings Bank of Russia Gref is a person of homosexual orientation", - the leader of Gay Pride said about him Nikolay Alekseev.
In January 2016, a whole socio-political campaign was launched against German Gref.
Speaking at the Gaidar Forum, Gref made a sharp criticism of the domestic economy and called Russia a "technically enslaved country" and a "downshifter country." Gref's statement immediately caused a wide resonance.
A number of politicians accused Gref of being Russophobic and refusing to admit his own mistakes in the past. In The Other Russia, Gref was called a "liberal dwarf" and demanded that he be dismissed.
Member of the Federation Council Igor Morozov generally called the head of Sberbank German Gref a "washed cattle."
Gref denied reports about the severance of relations between Sberbank and Yandex ... grounds, said the head of the bank Hermann Gref, RIA Novosti reports. “We are definitely not going to break off relations with each other,” said Gref. According to him... to become "one of the largest players in Russian online retail"; head of Sberbank Hermann Gref stated that the parties intend to build a "Russian Amazon". Natalia Demchenko The case against Mazurov was initiated at the request of Gref ... "Dmitry Mazurov was initiated on the fact of the statement of the President of Sberbank Herman Gref, reports the TASS agency with reference to the materials that were announced ... Gref allowed tougher requirements for issuing consumer loans ... toughen the conditions for issuing consumer loans. This opinion was expressed by the head of Sberbank Hermann Gref, according to Interfax. “There will be, and today there are, restrictions, they can be... Gref spoke about the impact of cybersecurity on sleep ... Confidence in cybersecurity affects the quality of sleep, said the President of Sberbank Hermann Gref, RIA Novosti reports. The more you immerse yourself in the problem of cybersecurity, the more ... hackers,” the head of Sberbank emphasized, speaking at the International Congress on Cybersecurity. Gref also added that CEOs of large companies should be paranoid about... Gref considered it quite possible to ban the US on operations with Russia's public debt ... there is an understanding of how to act in case of its implementation. Head of Sberbank Hermann Gref called it a completely possible scenario for the introduction of a ban by the United States on ... perhaps, but the likelihood of this today is quite difficult to assess, ”quotes the words Gref"RIA News". A bill to tighten anti-Russian sanctions, where, among other things... Gref joked about Sobyanin's love for digging up Moscow ... discussion time at SPIEF on the introduction of new technologies Head of Sberbank Hermann Gref and Moscow Mayor Sergei Sobyanin exchanged barbs about the dug up capital ..., head of Sberbank Hermann Gref jokingly reproached the mayor of the capital, Sergei Sobyanin, that he likes to dig up all of Moscow, RBC correspondent reports. Gref who advocates...only the Central Bank does not like. It turns out that the mayor too, ”retorted Gref. "I love you, I'm just sure of your stability," replied ... Gref called the return to the government "the most terrible outcome of a career" ... jobs he called business, education and venture capital. Head of Sberbank Hermann Gref is not going to return to work in government agencies. About this he ... many times. This is not my dream job,” he said. Gref stressed that he had worked in state structures for almost 12 years and...”, - said Hermann Gref, adding that he is now at an age where he does not feel like doing what he does not like. Gref is an... Gref predicted an increase in the number of defrauded equity holders due to the construction reform ...players will leave the market. This was announced to journalists by the head of Sberbank Hermann Gref, RBC correspondent reports. However, it still "needed to be done ... Shareholders re-elected Gref as head of Sberbank Hermann Gref re-elected President - Chairman of the Board of Sberbank for a new four-year term. The corresponding ... was adopted by the shareholders of the credit institution at the annual meeting, RBC correspondent reports. Gref has been in charge of the bank since October 2007, his current contract is expiring... Gref estimated the number of stocks at Sberbank According to Gref, Sberbank "mows a lot more", but criticism is a source for further development. Head of Sberbank Hermann Gref during the annual meeting of shareholders ... "mows a lot more." The meeting was broadcast on Sberbank's YouTube channel. Gref noted that criticism is a source of further development. “If we are where ... we must correct. We mow a lot more,” he pointed out. According to Gref, before the bank was painful about this, because there were so many shortcomings ... Gref denied Sberbank's interest in buying Yandex ... to discuss the deal if it was not planned, the head of the credit institution emphasized Hermann Gref speaking to shareholders. Reports of a possible purchase by Sberbank of a share of Arkady ... "Yandex", since this company was not sold, said the head of the credit institution Hermann Gref at the annual general meeting of the bank's shareholders following the results of 2018 ... to discuss why the transaction did not take place if it was not planned,” said Gref. In October last year, several media outlets reported on plans ... Gref announced the buyout of domains for the SberX ecosystem Head of Sberbank Hermann Gref in an interview with the Kommersant newspaper, he said that the bank had registered all possible ... that the bank's management had to buy out some names. Among them Gref mentioned SberX. “Therefore, just in case, we registered the widest possible spectrum ... Gref summed up his promise to "teach an elephant to dance" ... elephants. “Does he dance harmoniously,” you need to ask customers, he believes Gref. The head of Sberbank, in an interview with the Kommersant newspaper, commented on the promise to "teach an elephant ... in front of him," probably the most ambitious task that you can think of. Gref had to "not just carry out the digital transformation of the bank, but build ... we will see a more or less working ecosystem," summed up Gref. After being appointed head of Sberbank Hermann Gref in early 2008, he promised to "teach an elephant... Gref praised the Central Bank's system of fast payments with the phrase about "forced happiness" ... of this connection. With the regulator, expressed hope Gref, the credit institution will be able to find a compromise. Head of Sberbank Hermann Gref expressed the hope that the credit institution ... tracking a non-discriminatory partnership is not clear to me, ”commented the position of the credit institution Gref. Special conditions, which, the head of Sberbank hopes, will be provided to a credit institution ... Gref called the condition for returning to the government Head of Sberbank Hermann Gref would return to government only in case of a "super-emergency". About ... in case of an emergency, he would go to work "where necessary." Gref previously gave himself a B for his work as the head of Sberbank ... falls short. In early spring 2019, it became known that Hermann Gref agreed to remain at the head of the organization. Gref announced the "surgical" purge of power from the oligarchs under Putin ... Nailey Asker-zade" on the channel "Russia 1" expressed the head of Sberbank Hermann Gref. So he commented on the host's remark that the chairman of the board .... “Do you think this hindered the development of our economy?” - asked Gref Asker-zade. "You know, I ... ran into the so-called oligarchs ... to power, and the problem is when the state begins to engage in entrepreneurship," summed up Gref. In the period from 2000 to 2007, the banker held the position ... Gref reported cases of fraud involving Sberbank employees ... these are the biggest cyber risks - not external, but internal, I'm sure Gref. Head of Sberbank Hermann Gref stated that the biggest risks in cyber fraud... the problem in cyber risks is not external risks, but internal ones," he assured Gref, noting that there are also moments "when scammers outside and inside ... "tolerance and work in all systems." However, from Sberbank, I'm sure Gref, "it's impossible to steal something to [the credit institution] about it... Gref announced the lack of interest of the authorities in the creation of a new airline ... said the head of Sberbank Hermann Gref, RIA Novosti reports. “We showed the project to the Ministry of Transport, but there is no keen interest yet,” he said. Gref added that if... Gref explained the decision of Sberbank to become a co-owner of Rambler Group ... jar Hermann Gref. His words are quoted by the press service of Sberbank. “More than 9 million Russians use the digital resources of the Rambler Group media holding daily,” noted Gref. - We... Sberbank will become a co-owner of Alexander Mamut's Internet holding Sberbank structures will receive a non-controlling stake in the online business of Alexander Mamut's holding, refinance the debt and provide investments for the development of the Okko online cinema. Sberbank and Rambler Group agreed on the conditions for the bank's structures to enter the capital of the Internet holding, two sources close to the deal told RBC. According to one of them, the deal got... Gref proposed to create a fund for the restoration of Notre Dame ... Head of Sberbank Hermann Gref offered to create a fund to raise money for the restoration of the partially burned down ... they will certainly agree to take a financial part in the restoration of the cathedral. Moreover, Gref expressed confidence in the demand for Russian specialists for the reconstruction of Notre Dame... Sberbank became the leader in dividends among Russian companies. Stock quotes of the state bank reacted to the announcement of generous payments with a fall ... IFRS for last year. This was reported to journalists by the head of the bank Hermann Gref. Payments that will still have to be approved by shareholders at the annual meeting of ... Russian companies. I hope this is the surprise that investors have been waiting for," he said. Gref. Based on one share, the payment will be 16 rubles, which is ... 5%, we will pay shareholders 50% of the profit under IFRS,” he promised again Gref. “According to all our calculations, this will happen by 2020, this ...Business, 19 Mar, 18:16
Gref called the financial recovery of Utair the only option Chairman of the Board of Sberbank Hermann Gref following the meeting of the supervisory board of the credit institution, he said that the financial ... way to recovery. Obviously, there are simply no alternatives," he said. Gref. According to him, the current management of the airline is quite adequate, despite...Finance, 19 Mar, 15:11
Gref agreed to remain as head of Sberbank ... . But to engage in "traditional banking," said Gref he is not interested. The Supervisory Board of Sberbank recommended to re-elect the head of the organization, reported Hermann Gref on the results of the meeting of the council, transmits ... confirmation, for me it is very important, for the whole team, "said Gref. He added that he was not interested in developing "traditional banking". All...Business, 14 Mar, 14:07
Gref called the main problem of Russia ... the three main, in his opinion, problems of the country. Gref agreed to name only one. Head of Sberbank Hermann Gref, speaking to the participants of the forum "Leaders of Russia", answered ... opinion, is "lack of effective system government controlled". "That's the main thing," he said. Gref, emphasizing that if this problem is solved, all the others will be overcome ...Finance, Feb 26, 11:59 am
Gref admitted the loss of billions of rubles due to artificial intelligence Artificial intelligence errors are costly for large systems, said the head of Sberbank Hermann Gref. According to him, the bank lost billions of rubles on this. Sberbank... intelligence (AI) has lost billions of rubles. The head of the bank said Hermann Gref during his speech at the “Lesson of Numbers” at a private school ... he. After identifying such errors, the work of artificial intelligence is being improved, continued Gref. “We learned [from every mistake], put in all sorts of filters to calibrate...Society, Feb 15, 7:14 pm
Gref wished the Calvey case to be a misunderstanding ... companies, including technology ones. Gref expressed the hope that law enforcement agencies will understand the case. Head of Sberbank Hermann Gref stated that he had known for a long time ... was detained on suspicion of fraud. The words Gref RBC reported the press service of the bank. According to Gref, Calvey did a lot "to attract investment...Business, Feb 08, 19:51
Putin awarded Gref with the Order of Merit for the Fatherland Russian President Vladimir Putin awarded the head of Sberbank Herman Gref Order "For Merit to the Fatherland" II degree. The corresponding decree has been published ... to award conscientious work with the Order of Merit for the Fatherland, II degree Gref German Oskarovich,” the document says. In June 2014, it became ... participated in the preparations for the Olympics in Sochi. Among them was also Hermann Gref. Among the entrepreneurs with the largest number of awards were the owner of Severstal ...Finance, Feb 08, 09:46
Gref called it a dangerous thing to "throw a finger" at dollar holders ... dollar and reduce currency risks, said the head of Sberbank. Head of Sberbank Hermann Gref believes that the authorities in discussions about the de-dollarization of the economy are not ... just in case. To be more whole. There is a bitter experience." Dollar highlighted Gref, will remain a defensive asset for a long time, as in Russia ... it should not be," the head of the bank believes. Speaking of my personal savings, Gref admitted that he keeps them in several currencies at once: in rubles ... The head of VTB called mandatory support for the new airline by the state ... Kostin, after Davos he intends to discuss it with the head of Sberbank German Gref. “If we basically accept the recommendations of consultants, then we need to create ... last year. According to him, the very idea of a regional airline belonged to Gref, however, the head of VTB supported her. Future investment in the Kostin project... Gref did not see positive changes in the issue of sanctions against Russia Head of Sberbank Hermann Gref said he did not see a change in the rhetoric about sanctions against...Gref called the article about the plans of Sberbank to become the owner of Utair stupid Head of Sberbank Hermann Gref called the media reports about the bank's plans to become a co-owner of ... your publications stupid. ... A serious publication should not publish such nonsense,” said Gref, commenting on the publication of Vedomosti. The newspaper article claimed that Sberbank and ...
Gref urged the state not to put pressure on strong players in digital markets ... urged not to “pressure” strong players in this area. Head of Sberbank Hermann Gref believes that the state is interfering in the highly competitive sphere of the digital economy, moreover... RBC. “We have an absolute monopolization of competitive areas by the state,” said Gref German Gref in an interview with the TV channel "Russia 24". “We are slowly reducing the network of our ..., which can be closed without compromising customer service,” he said. Gref noted that the scale of the reduction of bank employees will depend on ... the points when it will be convenient for a person to enter and get advice, ”explained Gref. In October, Kommersant, citing a source in the market, wrote... Gref spent 100 million rubles. on bonds of Sberbank Head of Sberbank Hermann Gref purchased bonds of his bank in the amount of 100 million rubles. Total... million bonds of type 001P-52R, of which on that day Gref purchased 100 thousand pieces. One bond costs 1 thousand rubles, the maturity date is February 7, 2022. October 2017 Gref also bought 60 thousand bonds of Sberbank for 60 million rubles ... Gref called the reasons for the lack of cashback from Sberbank ... chapter Hermann Gref, RBC correspondent reports. Answering the question why the bank does not change bonuses under its Thank You loyalty program for real money, Gref... . is the cost of the program to the bank. Speaking about the various offers of banks, Hermann Gref said that at present there are quite a lot of “we won’t ... go this way on the market, sometimes even losing in marketing activities,” concluded Gref. The cashback program is offered to its customers by many Russian banks. Among them... Gref did not rule out US sanctions against two Russian banks in 2019 ... two Russian banks, the situation may change later, the head of Sberbank said Hermann Gref at the First Talk public discussion, a recording of which was published on YouTube ... what is being discussed today are two Russian banks, most likely, ”said Gref. He added that, probably, a number of ... will also be included in the sanctions list. “I would say that the situation is alarming, but not critical,” he added. Gref, emphasizing that those who may be under sanctions need to develop...