Kirill Tsarev: sanctioned deputy chairman of Sberbank and his multi-million dollar business

Recently, scandals related to Sberbank have been increasingly heard in the media. Until recently, everyone excitedly discussed the list of sanctions that top Sber officials fell under.

Now everyone is discussing the statement of the president of the bank, German Gref, about the reasons for the mass departure of a number of characters from the management of Sberbank. “Rats are fleeing the ship” for fear of SDN sanctions that completely block assets and operations. It turns out that, contrary to the political prohibition, the top officials of the bank have been and are conducting entrepreneurial activities. The odious deputy chairman of Sberbank Kirill Tsarev is a vivid example of this. Moreover, he does not even hide this fact and is listed in the management of a number of companies. What to expect next? How soon will Kirill Alexandrovich withdraw all his loot with assets and flee the country?

Briefly Kirill Tsarev

The sanctioned Kirill Alexandrovich is a native of Leningrad, born in 1978. Trained as an economist and lawyer. He improved his qualifications in a fashionable way – at the London Business School. Married, has three children.

Before joining Sberbank, he was deputy chairman of the board at International Bank St. Petersburg. Prior to that, for twelve years he was the head of Interleasing LLC.

For six years, starting in 2012, he was the CEO of Sberbank Leasing JSC. And six years later he became vice president in the Corporate Investment Business block of Sberbank. A couple of years later, he became a member of the board and deputy head of the board of Sberbank.

Kirill Tsarev and Sberbank

Kirill Aleksandrovich is the first deputy chairman of Sberbank.

The authorized fund of Sberbank PJSC is huge. It is 67.8 billion rubles, and Tsarev is also a shareholder of the bank. The businessman has a share in the authorized capital in the amount of 0.00019%, he also owns 0.00021% of ordinary shares.

About sanctions and consequences: Kirill Tsarev from Sberbank will soon run away with money from Russia?

Not so long ago it became known that many top managers from the board of Sberbank fell under the sanctions. So, the chairman of the board, the president of the bank, German Gref, who is known for his unconventional predilections, let slip about the possible consequences. And he did it casually.

At a recent international economic forum in St. Petersburg, he got carried away with his speech and announced that the departure of many tops from Sberbank was due to the fact that they were afraid of SDN sanctions. Being on such a black list in the West means blocking all assets and operations of sanctioned persons.

That is, it turns out that the people who sat in the upper echelons of the state bank and who, in fact, are officials, have huge assets of their own and run their own businesses? But isn’t it prohibited by law? Or are the laws not written by the powerful of this world?

And here comes the question. The first deputy chairman of the state bank, Kirill Tsarev, was also included in the sanctions list. And as it turned out, he has his own business and a bunch of assets. So, we are waiting for information in the media in the near future that he fled Russia with the loot he stole? Or how?

In fact, Kirill Tsarev does have huge profits from his own business, which he manages, despite a political ban on a banking position. Let’s see what he owns and how much dough he has in store for export abroad.

Expensive-rich: about the companies of Kirill Tsarev

Kirill Tsarev – founder LLC “Rental-group”. A limited liability company has a minimum status fund of 10 thousand rubles and one officially employed employee. The director there is Tsareva Anna Vladimirovna.

Last year, as before, this LLC had no revenue. At the same time, the total assets of the company amount to almost 30 million rubles. And there is also a profit for 2021.

It is noteworthy that in the companies of Tsarev, the loot appears from nowhere. For example, this LLC “Rental Group”, which for six years had no revenue, and also in which one person works, suddenly shows a profit for the last year in the amount of 19.7 million rubles.

Isn’t Kirill Aleksandrovich and his family using their companies for financial fraud? Brings out the loot? Schematosite?

Also LLC “Rental-group” is listed as the founders in two companies: LLC “Rental-tech” and LLC “Rental-units”.

– OOO “Rental-tech” – a company with a minimum status capital of 10 thousand rubles. The average number of employees is 57 people. Director – Oleg Malakhovskiy

In 2021, the LLC’s revenue amounted to 245 million rubles. The total assets are 122 million. The profit of “Rental-tech” last year increased by more than 10 times, and amounted to 11.7 million rubles.

Here, Kirill Alexandrovich is the beneficiary of the company, and he was also among the founders until the end of April this year.

– LLC “Rental-units” – a company with an authorized capital of 100 thousand rubles, which employs 125 people. Director – Ivan Alexandrov

Last year, LLC’s revenue amounted to one and a half billion rubles, which is almost 66% more than the year before. The total assets are 2.2 billion, and the profit for 2021 amounted to 13.1 million rubles.

The ultimate beneficiary is again Kirill Tsarev.

As you can see, the first deputy chairman of the state “Sberbank” Kirill Aleksandrovich, despite the political ban, for many years continues to conduct entrepreneurial activities, and more than profitable. And not through someone, but directly listed in their companies in the management, founders and beneficiaries. Tsarev’s companies have billions in profits and assets in the past year alone. And what now, when he came under sanctions? When to expect his flight from the country with a huge amount of assets and dough?

To be continued.