Gref told about the plans to go into business after retiring from Sberbank


The head of Sberbank German Gref in an interview with Institutional Investor magazine said that after leaving the Bank plans to do business. “But everything is in the hands of God,” he said.

Gref noted that he had promised investors not to leave the savings Bank until, until you have achieved satisfactory results for the modernization and efficiency of the company and prepared the succession plan. According to him, return in the power he wants. “I probably provoked more criticism than any other official when he worked in the government. And I don’t want to go through this experience”, — said Gref.

In an interview with Sberbank CEO also spoke about the changes that, according to Gref, is needed in the Russian economy. He, in particular, stressed the need for reforms aimed at reducing the dependence of Russia’s economy from gas and oil. “We must radically change the investment climate. The first and most important measure is the protection of property rights and reform of the legal system in this regard. We also need tax reform that will increase investment. We must eliminate bureaucratic red tape, starting with the highest Federal level. And these reforms must begin to implement in the next three years”, — said Gref.

To the question, discuss their ideas with the President of Russia Vladimir Putin, the head of Sberbank noted that expresses them publicly and at every opportunity brings its views to officials, including the head of state. At the same time, Gref admitted that infrequently met with Vladimir Putin.

In December, in an interview to “Kommersant” Gref said that it plans to leave Sberbank in 2016. “And I have no plans to return to public positions,” he stressed.

In January the Financial Times newspaper with reference to “longtime friend” of the head of Sberbank wrote that given the economic situation in Russia, the Kremlin could propose Gref, who in 1999 oversaw the preparation of the economic programme of Vladimir Putin, again holding high office. Gref — “one of the few high-ranking Russians, is able to defend his point of view before the President,” noted the article.

In February TASS citing a source reported that German Gref cannot enter into the Supervisory Board of state Corporation “Vnesheconombank”. “The bench who can help the web, small. If Gref enter in the Supervisory Board, he will be indirectly involved in the work of VEB,” — commented the source , close to Sberbank. In early March, the head of Sberbank said that is not going to enter into the composition of the Supervisory Board of Vnesheconombank.