Gazfond is the pension fund of Gazprom. It was founded in 1994 by Gazprom,

Gazprombank Gazprombank (russian: Газпромбанк), or GPB (JSC), is a private-owned Russian bank, the third largest bank in the country by assets. Since November 2014, Yuri Shamalov's Gazfond is its largest shareholder. The bank’s principal busine ...

and several other organizations. Gazfond owned a 3.22-percent share of Gazprom as of September 5, 2005. The fund is managed by Leader Asset Management (Chairman of the Board of Directors: Yuri Shamalov, CEO:

Anatoly Gavrilenko Anatoly (russian: Анато́лий, Anatólij , uk, Анато́лій, Anatólij ) is a common Russian and Ukrainian male given name, derived from the Greek name ''Anatolios'', meaning "sunrise." Other common Russian transliterations are Ana ...

). In 2006 Gazprom sold its shares in Leader to the

SOGAZ SOGAZ is a Russian insurance company. SOGAZ became the first in Russia by written premium ( ₽142.8 billion or US$2.3 billion) and market share (12.1%) in 2016. The company was formed in 1993 and has direct business in Russia and Serbia. Insuran ...

Insurance Company which is controlled by Bank Rossiya. In March 2014, Bank Rossiya sold its indirect control of Leader to Gazfond. Gazfond owns a 45% stake in Leader. As of November 2014, Gazfond is the largest shareholder of Gazprombank which controls

Gazprom-Media Gazprom-Media (russian: ОАО Газпром-Медиа) is the largest Russian media holding. Gazprom-Media was established in January 1998 as a subsidiary of the 1997 established Gazprom Media Holdings. On its founding in 1997, Gazprom Media ...

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

References

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* Financial services companies of Russia Gazprom subsidiaries Companies based in Moscow {{Russia-company-stub