The head of T-Bank noted the importance of motivating company employees when going public

When companies go public, they need to motivate not only management, but also employees, said Stanislav Bliznyuk, Chairman of the Management Board of T-Bank. He spoke at the SPIEF 2025 session "The Stock Market on the path to growth: IPOs of state-owned companies and attracting foreign investors."

"It is important that there is a platform through which the employee's trust in the employer grows. It is usually created by third parties. If we take the Western model, then there are companies that act as arbitrators and monitor compliance with all the rules. T-Bank has created such a platform. We already have five companies where we act as such an arbitrator," Bliznyuk said.

We are talking about the development of T-Bank, a Russian digital service ESOP (employee stock ownership plan), which is designed to administer long—term employee motivation programs in Russian public companies. On the employer's side, the ESOP service solves accounting, document management, payment accrual, and more, and employees receive a tool to assess the real value of their shares and support in the T-Investment interface.

Speaking at the same session, the head of the Bank of Russia, Elvira Nabiullina, spoke about the preparation of an "ideal IPO" plan for state-owned companies. This plan involves serious preparation of companies for the initial public offering of shares. "This is a change in the quality of management, and the motivation of management should be seriously changed, it should be aimed at increasing the value of shares. In our opinion, this process is not fast — it's at least a year and a half," she said. The plan has already been submitted to the Ministry of Finance.