Gazfond

Gazfond is the pension fund of Gazprom.[1] It was founded in 1994 by Gazprom, Gazprombank and several other organizations. Gazfond owned a 3.22-percent share of Gazprom as of September 5, 2005.

Gazfond logo

The fund is managed by Lider Asset Management (Chairman of the Board of Directors: Yuri Shamalov, CEO: Anatoly Gavrilenko). In 2006 Gazprom sold its shares in Lider to the SOGAZ Insurance Company which is controlled by Bank Rossiya.[1] In March 2014, Bank Rossiya sold its indirect control of Lider to Gazfond.[2] Gazfond owns a 45% stake in Lider.[2] As of November 2014, Gazfond is the largest shareholder of Gazprombank.[2]

Since 2003, Yuri Shamalov has been the President of Gazfond.[3]

References
  1. "How Gazprom lost control of Gazprombank". Financial Times. Retrieved 8 October 2017.
  2. Grey, Stephen; Bergin, Tom; Musaieva, Sevgil; Anin, Roman (November 26, 2014). "Comrade Capitalism: Putin's allies channelled billions to oligarch who backed pro-Russian president of Ukraine". Reuters. Retrieved May 18, 2018.
  3. "Yuri Shamalov: President, Npf Gazfond". Bloomberg. Retrieved April 28, 2018.
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