Sberbank appoints senior exec as head of unit for clients in engineering sector

By Andrei Skvarsky.

Sberbank, Russia’s biggest lender, has appointed one of its senior managers, Vyacheslav Tsybulnikov, as head of its division for clients in the engineering industry.

Tsybulnikov, who has become one of Sberbank’s vice-presidents in his new capacity, joined the lender in 2009 and has headed one of its retail branches in Moscow and the corporate sales division of the firm’s investment arm, Sberbank CIB.

“Developing relationships with Russian machine manufacturers is one of Sberbank’s key priorities,” a statement from Sberbank quoted its senior vice-president Svetlana Sagaidak as saying.

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