a fourth term. He will be president and chairman of the bank until 2023. Gref is member of boards and supervisory boards of a number of companies. Until October 2020 he had been a member of board of directors of Yandex. In February 2019, Gref called upon Russians "to prepare for the very worst of situations" after the U.S. adopted new sanctions against Russia. Personal life Gref married the designer Yana on May 1, 2004 in the throne room of Peterhof Palace. His wife has a teenage son from a prior relationship, just as Gref has a son, Oleg, from his marriage with Yelena, who refused to move to Moscow when Gref was called into the government in 1998. Since 2006 the couple has a daughter. Oleg studied jurisprudence in St. Petersburg until 2004 and moved to Germany for further education. Gref speaks German and is an admirer of Goethe and German Expressionism. After the Russian annexation of Crimea and a raised risk of being sanctioned, Gref used the Singapore firm Asiaciti Trust to restructure a $75 million family trust through a network of offshore companies in 2015. He gave more than $50 million held in the trust to a 24-year old nephew who lived outside of Russia, but remained in control of the assets through the offshore companies. In a November 2016 interview with Russian News Agency TASS, Gref admitted to speculating with Bitcoin. See also Timeline of Russian interference in the 2016 United States elections References External links Brief official bio at sberbank.com Gref, German Oskarovich Gref, German Oskarovich 1st class Active State Councillors of the Russian Federation Gref, German Oskarovich Gref, German Oskarovich Russian bankers Economy ministers of Russia Kazakhstani people of German descent Russian people of German descent Gazprom people Omsk State University alumni Russian individuals subject to the U.S. Department of the Treasury sanctions Russian individuals subject to the European Union sanctions