The appointment comes in the wake of the Sberbank-Troika Dialog integration process.

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As the head of private banking, Shilina will be tasked with developing Sberbank Group’s own private banking business on the basis of Troika Dialog’s success in this area.

Shilina will report directly to Troika Dialog president Ruben Vardanian.

Meanwhile, the private banking business development will continue to be supervised by deputy chairman of the management committee of Sberbank of Russia Alexander Torbakhov.

Torbakhov stated that Sberbank was focused on developing services for affluent clients and added that the joint efforts of Sberbank and Troika Dialog would lead to new standards of service quality.

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The merger of Sberbank of Russia and Troika Dialog was completed in late January 2012, creating the largest universal banking institution in Russia.