Gazfond is the pension fundofGazprom.[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.
The fund is managed by Leader Asset Management (Chairman of the Board of Directors: Yuri Shamalov, CEO: Anatoly Gavrilenko). In 2006 Gazprom sold its shares in Leader to the SOGAZ Insurance Company which is controlled by Bank Rossiya.[1] In March 2014, Bank Rossiya sold its indirect control of Leader to Gazfond.[2] Gazfond owns a 45% stake in Leader.[2] As of November 2014, Gazfond is the largest shareholder of Gazprombank which controls Gazprom-Media.[2][3]
Since 2003, Yuri Shamalov has been the President of Gazfond.[4]
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