Herman Gref entered the board of directors of Yandex

The head of Sberbank, German Gref, was elected to the Yandex board as a non -fulfillment director. The term of office of the banker: from May 21, 2014 before the meeting of shareholders in 2017, Interfax reports with reference to the company's message.

The assumptions that Gref will enter the board of directors of Yandex appeared in early May, when it became known about his nomination as a candidate. The Internet company then said that negotiations with the head of Sberbank have been going on since the beginning of the year.

Gref became the ninth member of the board of directors of the search engine. In addition to him, the Council includes the general director and co-founder of Yandex Arkady Volozh, Chairman of the Council Alfred Fenoti, partner of the Baring Vostok Capital Partners Foundation Elena Ivashentseva, Vice President De Master Blenders Rozhe Rinia, President of the Firehouse investment Capital John Boynton, entrepreneur Esther Dyson, former chairman of Uralkali SD Alexander Voloshin and financier Charles Ryan.

Since 2009, Sberbank owns the “golden action” of the Internet company, it gives the bank the right to block transactions with large stakes in the search engine. The action was purchased for 1 euros. In addition, in 2012, Sberbank bought a 75% minus from Yandex one Promotion of the Yandex.Money payment system.