TCS Group Holding PLC announces results of the Board of Directors meeting

TCS Group Holding PLC (TCS) 
TCS Group Holding PLC announces results of the Board of Directors meeting 
 
02-Apr-2020 / 20:45 MSK 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
TCS Group Holding PLC announces results of the Board of Directors 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 Board 
of Directors meeting, which took place on April 2. 
 
The Board of Directors approved the new structure of Tinkoff Bank Board of 
Directors: 
 
1. Stanislav Bliznyuk 
2. Oliver Hughes 
3. Sergey Pirogov 
4. Vadim Stasovsky 
5. Svetlana Ustilovskaya 
 
Stanislav Bliznyuk, Business Development Director, resigned from the 
Management Board due to his election as Chairman of the Board of Directors 
of 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 
 
Artem Lebedev                  Larisa Chernysheva 
PR Department                  IR Department 
 
 + 7 495 648-10-00 (ext. 2202) + 7 495 648-10-00 (ext. 2312) 
 
               Alexandr Leonov Neri Tollardo 
 
+ 7 495 648-10-00 (ext. 35738) [phone] 
 
                 [e-mail]             [e-mail] [1] 
 
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). 
 
ISIN:          US87238U2033 
Category Code: ROM 
TIDM:          TCS 
LEI Code:      549300XQRN9MR54V1W18 
Sequence No.:  56383 
EQS News ID:   1014557 
 
End of Announcement EQS News Service 
 
 
1: mailto:[e-mail] 
 

(END) Dow Jones Newswires

April 02, 2020 13:45 ET (17:45 GMT)