REG-TCS Group Holding PLC TCS Group Holding PLC announces results of the Executive Board meeting

TCS HoldingAnnouncement

02/04/2020 16:15

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   TCS Group Holding PLC (TCS)
   TCS Group Holding PLC announces results of the Executive Board meeting

   02-Apr-2020 / 18:14 MSK
   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   TCS Group Holding PLC announces results of the Executive Board meeting

   Limassol, Cyprus - 02 April 2020. TCS Group Holding PLC (LI: TCS, MOEX:
   TCSG) ("Company"), Russia's leading provider of online financial and
   lifestyle services via its Tinkoff ecosystem, announces results of the
   Executive Board meeting, which took place on April 2.

   The Executive Board approved the structure of Tinkoff Bank Board of
   Directors, including the following:

   1. Oliver Hughes
   Chief Executive Officer, Chairman of the Management Board, Member of the
   Board of Directors
   2. Ilya Pisemsky
   Chief Financial Officer, Deputy Chairman of the Management Board
   3. Evgeny Ivashkevich
   Risk Director, Deputy Chairman of the Management Board
   4. Anatoly Makeshin
   Head of Payment Systems, Deputy Chairman of the Management Board
   5.Valeria Pavlyukova
   Chief Legal Officer, Deputy Chairman of the Management Board
   6.Natalia Izyumova
   Chief Accountant, Member of the Management Board

   Stanislav Bliznyuk, Business Development Director, resigned from the
   Management Board due to his election as Chairman of the Board of Directors
   of PJSC Tinkoff Bank.
   Viacheslav Tsyganov, Chief Information Officer, will join the Management
   Board after approval of his candidacy by the Central Bank of Russia.

   Oleg Tinkov, the founder of Tinkoff Group, stepped down as the Chairman of
   the Board to focus on his health.

    

   For enquiries:
                                  Tinkoff
   Tinkoff
                                  Larisa Chernysheva
   Artem Lebedev                  IR Department
   PR Department
                                  + 7 495 648-10-00 (ext. 2312)
   + 7 495 648-10-00 (ext. 2202)
                                  Neri Tollardo
   Alexandr Leonov
                                  +44 7741 078383
   + 7 495 648-10-00 (ext. 35738)
                                   2 ir@tinkoff.ru
    1 pr@tinkoff.ru
                                   

   TCS Group Holding PLC

   TCS Group Holding PLC is an innovative provider of online retail financial
   services. It includes Tinkoff Bank, mobile virtual network operator
   Tinkoff Mobile, Tinkoff Insurance, management company Tinkoff Capital,
   Tinkoff Software DC, a network of development hubs in major Russian
   cities, and Tinkoff Education. The Group is currently developing Tinkoff
   ecosystem,which offers financial and lifestyle services.

   The Group was founded in 2006 by Russian entrepreneur Oleg Tinkov and has
   been listed on the London Stock Exchange and on the Moscow Exchange.

   The Group's key business is Tinkoff Bank, a fully online bank that serves
   over 10 mn customers and forms the core of the Tinkoff ecosystem.

   Tinkoff Bank is the second largest player in the Russian credit card
   market, with a share of 13.2%. The 12M 2019 IFRS net income of TCS Group
   Holding PLC amounted to RUB 36.1 bn. The ROE was 55.9%.

   With no branches, the Group serves all its customers remotely via online
   channels and a cloud-based call centre. To ensure smooth delivery of the
   Group's products, the Group has a proprietary nationwide network of
   representatives.

   In 2018, Global Finance named Tinkoff Bank the world's Best Consumer
   Digital Bank, in 2019, 2018, 2016 and 2015, the Best Consumer Digital Bank
   in Russia, and in 2019, the Best Consumer Digital Bank in Central and
   Eastern Europe. In 2017 and 2013, the Banker recognised Tinkoff Bank as
   the Bank of the Year in Russia. The bank's mobile app has consistently
   received top industry ratings and awards (in 2013, 2014, 2015, 2016 by
   Deloitte and in 2018 by Global Finance).

    

    

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   ISIN:          US87238U2033
   Category Code: ROM
   TIDM:          TCS
   LEI Code:      549300XQRN9MR54V1W18
   Sequence No.:  56376
   EQS News ID:   1014465


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:pr@tinkoff.ru
   2. mailto:ir@tcsbank.ru


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