Sberbank CIB to take part in St Petersburg International Economic Forum

Sberbank CIB bankers will take part in the annual St Petersburg International Economic Forum (SPIEF) this month as part of a delegation from its parent firm Sberbank, Russia’s biggest lender.

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 “Sustaining Confidence in a World Undergoing Transformation” is the theme of the XVIII SPIEF, to be held in St Petersburg on May 22-24 and bring together political, business and finance leaders from Russia and around the world.

SPIEF forums have been held in Russia’s second city since 1997 and have been attended by Russian Presidents Vladimir Putin and Dmitry Medvedev since 2005.

Sberbank CIB chief economist Evgeny Gavrilenkov will join a panel discussion on May 22 entitled “Models for Revamping Russian Industrial Competitiveness”, the investment firm said in a statement.

Sberbank CIB’s delegation will also include the investment bank’s acting head Alexander Bazarov, who is senior vice-president of parent company Sberbank, head of global markets Maxim Safonov, investment banking co-heads Mickael Gibault and Pavel Sokolov, head of Sberbank merchant banking Oscar Ratsin, and acting head of client management Kirill Polishkin.

“The St Petersburg International Economic Forum is one of the country’s main discussion platforms at which important economic issues are deliberated and Russia’s paths of development are determined,” said Sberbank CIB acting head Bazarov.

“We see the St Petersburg forum as an excellent opportunity to engage with business partners, which results in us signing agreements and concluding deals with them,” he said.

Sberbank is the organizer of The Russia Forum, a high-profile international investment conference in Moscow, but has put off this year’s event, which was initially scheduled for April, until autumn because of the Ukraine crisis.

For more information about the SPIEF please go to www.forumspb.com.

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