Ruslan Vesterovsky steps away from his role as Deputy Governor at the Central Bank of Russia on February 28, transitioning to a leadership role at Sberbank. The financial institution confirmed this important move in an official release.
According to Sberbank, Vesterovsky will join the bank as Senior Vice President and will lead the Wealth Management division. In this capacity, he is charged with steering the development of high value investment services that blend sophisticated technology with a clear, portfolio-based approach to capital management. His team will focus on crafting tailored financial solutions and advisory services designed to help clients navigate complex markets with confidence.
In related leadership shifts, Igor Kobzar will assume the role of vice president and will continue to oversee Sberbank Life Insurance as its general manager. Kobzar’s broader remit will align asset management with strategic growth initiatives across the bank, maintaining continuity in the life insurance business while contributing to the expansion of integrated financial offerings for clients seeking comprehensive protection alongside investment growth.
Sberbank recently highlighted its recognition in the Wealth Navigator Awards 2022, noting that the company earned three distinct accolades, underscoring its standing in the wealth management sector. This industry acknowledgement complements the bank’s ongoing efforts to deliver robust, client-focused financial services and investment strategies in a rapidly evolving market landscape.
Earlier in 2022, SberLife Insurance introduced the Managed Capital program, a product that blends life insurance with investment opportunities in mutual funds under a unit-linked framework. The program has already attracted substantial client interest, with investment activity reaching several billion rubles, signaling strong demand for products that combine protection with potential market-based growth. The initiative reflects SberLife’s commitment to offering integrated solutions that address long-term financial planning needs while providing flexibility and risk-adjusted return potential for policyholders.