"Finance." for the third time publishes a list of the most successful young people in Russia. Let me remind you the rules of the game. We highlight 33 men from the world of business each year. There is an age limit - at the time of publication they are under 33 years of age.
There is also an informal limitation: the peppers (such a humorous name was assigned to the project participants) achieved high status through their own labor and talent, without obvious help from their parents or patrons.
You can only be included in the list once. Thus, in three times we have named 99 people who will determine the face of Russian business in the coming decades. In fact, this is an elite club. Thanks to him, by the way, many peppers met and can now do business together. Each year we not only identify 33 new club members, but also track their careers. According to informal data, the status of pepper is quite capable of becoming a factor in the growth of personal income, which we are certainly happy about.
The careers of those included in the 2006–2007 lists have been extremely successful (p. 50). They are at the cutting edge of business. Examples? Please. The main corporate transactions are now being carried out by the 2006 peppers. Vladimir Rashevsky is promoting the merger of SUEK and Gazprom assets. Dmitry Razumov helps Mikhail Prokhorov “divorce” Vladimir Potanin. Maxim Barsky is merging his West Siberian Resources with NK Alliance, and Gazmetal CEO Maxim Basov is preparing the company for a merger with Norilsk Nickel.
Peppers 2007 is also not far behind. Stanislav Voskresensky is already the deputy head of the Ministry of Economic Development and Trade, and Denis Bugrov is the senior vice president of Sberbank. More complete information about those on the 2006 and 2007 lists can be found at www.finansmag.ru/33p.
Read detailed interviews with participants of the 2008 project there. Among them are the director of football CSKA, the head of Rosenergo and a deputy from A Just Russia. But we traditionally pay special attention to the financial sector. The new list includes many bankers and financial directors, people from the fields of asset management, leasing, factoring, auditing and consulting.
We are pleased that the number of candidates for peppers does not dry out every year. New names are constantly being put forward for serious positions. There are already 40–50 people in mind who have a chance to be included in the 2009–2010 projects. If, of course, they continue to attract success to themselves.
Ilya Alexandrovsky, financial director of S7 Airlines
Education: Novosibirsk State University (1999)
At just 32 years old, Ilya Alexandrovsky has tried many professions. For example, he worked as a cook in one of the restaurants. Having entered graduate school at NSU, I decided to engage in scientific activities. But the late 90s were not the best times for this, and Ilya got a job as an analyst at Siberia Airlines. For seven years, he was able to work in almost all of the carrier’s services. He left the position of analyst to oversee the airline's schedule and aircraft turnover planning. The next position is the head of the interline department: concluding commercial agreements on passenger transportation with other airlines. Then Ilya Aleksandrovsky managed all, including electronic, sales of Siberia. That was until 2007, when he moved to the finance department as a director. According to the “financier-commercialist”, the airline has every chance of becoming number one in Russia. But for now, this is hampered by duties on the import of foreign aircraft. “They are absolutely meaningless,” emphasizes Ilya. – The child understands that foreign airlines buy without them, and even with discounts. And the main thing is that such deductions go to no one knows where.” The immediate plans include a second bond issue, as well as the preparation of the necessary reports for a possible IPO in 2009 or 2010.
Evgeniy Abramov, director of finance at system integrator IBS
Education: State University of Management (1998)
He could have become a scientist, like most of his classmates: after all, he graduated with a gold medal from one of the best physics and mathematics schools in the Soviet Union. “For example, one of my former classmates works at NASA. Others are in scientific laboratories - it’s hard to even explain what they do,” laughs Evgeniy Abramov. But at the age of 13, he was impressed by the work of his father, who then became the head of the economic planning department. And even then I decided that I would be an economist. After long disputes with his parents, Evgeniy left Kazakhstan to go to Moscow: “It was not easy to prove that this was the right path. But I didn’t even consider another option.” At first it was quite difficult: the future CFO of IBS worked part-time as a loader and sold in a tent. And in his fourth year, he got a job as an assistant in the financial department of Hewlett-Packard (HP): “I wanted to get into a large Western company,” says Evgeniy. “Then they created business standards in Russia.” While working at HP, he rose to head of treasury in the American office, and worked for four years in Belgium and the USA. And in 2004 he returned to Russia - to the position of finance, and soon as general director of the local office of the agricultural trader Toepfer. “An above-average financier is tied to country specifics,” reflects Evgeny Abramov. – The question clearly arose: either I develop there and stay for many years, or I return to Russia. I chose the second one." Seven months ago, Evgeniy moved to IBS. The new maximum task is to prepare the company for an IPO.
Roman Babaev, General Director of PFC CSKA
Education: Faculty of Law, Moscow State University (2000)
Roman Babaev began working at the CSKA football club while still a student at the Faculty of Law of Moscow State University. The position of legal adviser completely suited the future graduate - it provided an interesting experience. However, things in the industry left much to be desired. “The first impression was depressing. Russian sports in general and football in particular were not going through the best of times. Having graduated from Moscow State University, I was getting ready to leave.” However, Roman was lucky - just at this time, the shareholders of PFC CSKA changed, and a new team arrived: led by Evgeniy Giner. Roman was asked to stay. “I don’t regret at all that I didn’t leave then: positive changes were not long in coming.”
Gradually the club developed, and the legal department expanded. Roman first received the position of senior legal adviser, and then head of the department. In 2007, shareholders offered the post of general director of the club. “It was a big surprise for me, a very pleasant one.” The trust that others place in him is one of the factors that made Roman’s career so successful. But the most important thing, according to the young general director, is education. “It’s a foundation you can build on throughout your life.” In addition, he is purposeful and knows how to find a place for creativity in any work. “You can’t come to the office to sit there for the allotted time and make a couple of calls. After all, we are given so little time in this world - we need to come up with something new and interesting every day.”
Dmitry Akhanov, Head of the Federal Energy Agency (Rosenergo)
Education: Peoples' Friendship University of Russia (1997)
It is unlikely that in his distant childhood Dima could have imagined that he would become one of the ideologists of the reform of RAO UES of Russia, and then head Rosenergo. Then his dreams were much more modest - just to become a tractor driver. True, already at school Dmitry reconsidered his plans for the future and purposefully approached the choice of education, enrolling in the Faculty of Economics of the RUDN University. “After graduating from the Faculty of Economics of RUDN University, I wanted to engage in consulting,” says Dmitry Akhanov, “so I didn’t have to struggle much with finding a job.” His career began with the Rosprom company. At that time, she managed the industrial assets of the business group of Mikhail Khodorkovsky's group. Then there was the structure of another oligarch - Nikolai Tsvetkov. At Nikoil, Dmitry created a business providing financial and management consulting to companies.
And already in 2002, he moved to RAO to the position of deputy head of the capital management department. “I was called by Vasily Aleksandrovich Zubakin, who now holds the post of first deputy chairman of the board of HydroOGK. He was looking for a deputy,” says Dmitry Akhanov. At RAO, the young man became responsible for the “5+5” reform strategy, which should come to its logical conclusion this summer. “It is very difficult to coordinate the positions of various parties, plus we had to act quickly,” the energy engineer shares his impressions, “but we managed to create a unique project for reforming a company worth more than $50 billion.”
On October 27, 2007, Dmitry Akhanov headed the Federal Energy Agency. Here he will be involved in managing state assets in the fuel and energy complex.
Konstantin Beschetnov, State Duma deputy
Education: third year student at the Russian Economic Academy
Konstantin Beschetnov is a very ambitious person. In his opinion, the formula for success is as follows: “Believe in yourself, set exorbitant but specific goals and persistently implement them.” Apparently, the newly elected State Duma deputy himself clearly adheres to this recipe. After graduating from a provincial, but specialized school, Kostya Beschetnov left for Moscow. Don't act, but look around. The first place of work was the book market at Olimpiysky, where the future entrepreneur got a job as a loader and bookseller at the same time.
He soon got tired of working for “someone else’s uncle,” and Konstantin, now well-connected, became one of the co-founders of the Third Rome publishing house. Over time, the business diversified: a development direction, a commercial bank, and an online store of men's and women's clothing appeared.
Last year, the entrepreneur decided to leave the business and become a professional politician. He joined the A Just Russia party of Sergei Mironov and was elected to the State Duma on the list of the Perm Territory. “Even at school, I knew that I would work with people and numbers,” says Konstantin Beschetnov, “And politics differs from business in that there are more people and the numbers are more complex.” In the new parliament, the 32-year-old MP is doing his usual thing – numbers. He is a member of the State Duma Committee on Economic Policy and Entrepreneurship, and is a member of two subcommittees - on investment and tourism. In addition, the young politician’s plans include continuing education reform, as well as changing the content of television broadcasting.
Andrey Golyshkin, vice president for economics and finance of the computer distributor OCS
Education: Eastern Institute of Economics, Humanities, Management and Law (1997)
During his studies, Andrey managed to head the accounting department of the metal structures plant of the Vostokneftezavodmontazh association, which employed 4 thousand people. The 20-year-old student had 64 employees under his command. After a couple of years, he got bored with accounting - he was drawn to finance in a broader sense, and Andrei was demoted to a holding company engaged in panel housing construction, where in six months he implemented a project to build a brick factory. Ambitions did not give rest - in August 1998, the financier moved to St. Petersburg. “In a situation of a developing crisis, no one needed employees. But I managed to find an absolutely amazing place, it was called “PC data entry operator” in the “I” Association. The salary was approximately half of the cost of renting a room. The work slightly did not correspond to my qualifications, but I sat down at this computer and gained access to information. That was enough. Two weeks later I went to the CEO and proposed a crisis management program. I went in as an operator in the accounting department and came out as a deputy in charge of finance.” For about six years, Andrei Golyshkin worked in various positions at the Ilim Pulp timber industry holding, including director of economics at the Bratsk pulp and paper mill during the raider attacks of Oleg Deripaska’s structures.
Since 2005, Andrey has been working in the structures of the National Computer Corporation. In OCS, the financial control department, treasury, accounting, and legal services are subordinate to him. About 120 people.
Daniil Borshchev, financial director of software developer Kaspersky Lab
Education: Faculty of Economics, Moscow State University (1997)
Before Kaspersky Lab, Daniil changed five companies in five years. He doesn’t even like to think about some of his previous employers: they only clog up his career. First I tried my hand at the Univers-Audit company – my scientific supervisor helped me get a job. But he soon quit: “Audit work seemed quite routine,” he says. – Over the next three years, he first worked as a broker on Russian stock exchanges, then as a specialist in the financial consulting department of Menatep St. Petersburg Bank. At that time, it seemed that my career was going badly—I couldn’t find something I liked. Only now do I understand how useful and versatile that experience was.” Then, after the collapse of the main bank, Yukos transferred all its operations to Menatep SPb. Therefore, the lion’s share of the business, despite the bank’s name, came from the Moscow office. Daniil Borshchev proudly recalls how one of the reports he prepared even ended up on Mikhail Khodorkovsky’s desk. But I didn’t like banking either. “I received two offers,” he recalls, “from Kaspersky Lab and Vnesheconombank, which offered a rather serious position. The career prospects here seemed more attractive.” More than 7 years have passed since then. The company has transformed from a local Russian player into No. 4 in the world in anti-virus software sales, with revenue estimated at $170 million. And Daniil is preparing the Laboratory for an IPO. “One of the key tasks,” he says, “is the implementation of the principles of corporate governance used by Western corporations.”
Andrey Elinson, Deputy General Director for Corporate Governance at Basic Element
Education: Financial Academy under the Government of the Russian Federation (2000)
How many people do you know who have been working full-time since they were 14? Or became auditor assistants in one of the Big Four companies immediately after reaching adulthood? Meet Andrey Elinson. “I worked as a sales manager - I didn’t walk the streets with a bag, but entered into consignment agreements with stores,” he recalls. “I signed my first contract when I was just under 15 years old.” During the summer holidays I was involved in forming a network, and during the school year I only supervised the process. Then I decided to enter the Financial Academy. To get closer to his future profession, he abandoned his lucrative business in favor of working at DIAMbank, which served the business of Ilya Medkov. But the businessman was shot, his group began to disintegrate, and Andrei Elinson began to look for a new place. By that time, he was already in his third year at Finac. “I decided that I had accumulated enough knowledge,” says Andrey. – I sent out my resume to the then Big Six auditing companies. Deloitte invited.” So he became an intern - a first-level assistant, working half a day, and after 8 years he rose to a partner position. Anyone else would have calmed down on this. But Andrey began to look for new interesting tasks. The proposal from Basic Element seemed most suitable: Oleg Deripaska needed a person who would build a transparent corporate governance system throughout the entire holding practically from scratch. “No one has ever done a project of similar complexity and scale in Russia,” sums up Andrei Elinson.
Georgy Gorshkov, member of the board of VTB24
Education: Academy of National Economy under the Government of the Russian Federation (1997), Imperial College Management School in London (1999)
Georgy is a manager with Western manners. Energetic, passionate, smiles a lot. Considering himself an entrepreneur at heart, he prefers an innovative approach in everything: he gets real pleasure from inventing and promoting banking products. The role of the individual in the success of an organization is not afraid to be overestimated. “Typically, as companies grow, they lose their innovation and entrepreneurial spirit. But more noticeable than others are those who managed to preserve them. According to my observations, the personality of the creator played an extremely important role in their successful development.” Georgy Gorshkov considers himself a demanding but democratic boss. By nature, I am inclined to trust talented young employees to complete complex tasks. “If I don’t see enough effort and focus on results, I become a tyrant.”
Georgy began taking his first steps in business while still a student. “At the age of 19, I opened a translation agency with a friend. Already in the first year, 300 specialists worked under the contract, and the most famous clients were IBM and Queen Elizabeth II.” The company exists to this day, now without the participation of Georgy Gorshkov.
Later there was a consulting business - the CMG Strategies company. In it, the future top manager of VTB24 was responsible for development and was also involved in the sale of the organization to foreign investors. Then he worked for three years at Russian Standard - a time he remembers with pleasure. In 2007, first deputy chairman Dmitry Rudenko left the bank, going to VTB24. Soon he was followed by Georgy Gorshkov. In 2007, VTB24 for the first time surpassed Russian Standard in terms of the volume of loans to individuals (159.6 versus 133.9 billion rubles as of January 1, 2008).
Beishen Isaev, General Director of Veles Management Management Company
Education: Russian Economic Academy (1996)
“Physicist” and “lyricist” get along well in Beishen. Being a successful manager, he is simultaneously involved in non-profit Internet projects. In addition, he is credited with the pseudonym Shen Bekasov, under which a collection of humorous stories “Banking Secret” was published in 2006, where the author tried to show that a bank is, first of all, the people working in it, to whom anything can happen. According to Beishen Isaev, people are the main tool and main concern of any manager. He came to this conclusion when, during the 1998 crisis, he was forced to take part in “unpopular decisions” to completely reduce staff. The career of a financier began as follows. “The dean called me and asked if it was time for me to go serve. I reacted nervously, but it turned out that we were not talking about the army, but about work at the Russian Credit bank, where I ended up in March 1995,” Beishen recalls. In 1999, he defended his Ph.D. thesis and began working at MDM Bank, and then, more than three years later, at the Bank of Moscow. In June 2005, he was invited to work at the investment company Veles Capital, where he took the position of deputy general director and headed the trust operations department created specifically for him. In August 2005, when the decision was made to develop the management company Veles Management, which had not been actively involved until then, Beishen Isaev headed it too. By the end of March 2008, Veles Management managed non-state pension funds and 10 mutual funds with assets of about 2 billion rubles.
Alexey Ivanov, partner at Ernst & Young, head of the industrial production group
Education: St. Petersburg University of Economics and Finance (1997), Universite Paris-Dauphine (1997), University of Chicago Graduate School of Business (2005)
At the end of his studies at Finek, Alexey Ivanov did not feel too comfortable. Has it ever been heard of: a chronic excellent student sometimes only saw professors for the first time during an exam! The culprit is the job at Ernst & Young, which the future partner got a job after the 3rd year. Moreover, Finek students could simultaneously study at the French Paris-Dauphine Universite as part of a cooperation program between the two universities. And Alexey was one of the lucky ones who took part in it. “I had to combine my studies with numerous business trips,” says the hero. “The first year of work was one of the most difficult periods in my life.” It is all the more surprising that shortly before that Alexey Ivanov knew almost nothing about the Big Six. “People came to the university and invited me to a presentation,” he recalls. “To be honest, the Ernst & Young company was not of particular interest to me at that time - what’s more, I didn’t even know about its existence.” But Alexey realized that the offer was very profitable, since about 200 people applied for 8 vacancies. And I passed the competition with ease. Then my career developed without any special leaps: “There is an opinion within the company that I had 2-3 double-promotions,” laughs Alexey Ivanov. - It's flattering. But in fact, I only skipped a step once - I became a manager after 4 years, with a standard period of 5 years.” Now the 32-year-old Ernst & Young partner leads a group of 400 people throughout the CIS. “Working just for money is banal and boring,” he reflects. “And here I enjoy my work.”
Eduard Kadyrgulov, founder of the Veshch! trading network
Eduard Kadyrgulov founded his own business in 1999. By that time, all the necessary factors had taken shape: the country began to recover from the crisis of 1998, the businessman graduated from the Faculty of Foreign Economic Affairs of MGIMO and accumulated start-up capital. “An amount comparable to the cost of an apartment in Moscow at that time,” he recalls. Where did the recent student get the money? Even before entering the university, in 1993, Eduard got a job at the TEKO company, which distributes office equipment. And there he worked his way up from an intern to the director of the procurement department. At the end of his career as an employee, he was responsible for a fairly serious block of business, bringing in more than 60% of revenue. “Everything was successful, although we made mistakes,” says Eduard Kadyrgulov about his own business. “Now sometimes you think: with current knowledge, even without the availability of resources, it was possible to achieve better results.” Thus, according to the results of 2007, the turnover of “Things!” amounted to almost $80 million. Or it could have been one and a half times more: “We did not open about two dozen suitable stores,” says Eduard. The failures of the first year, when he had to close two out of four locations, forced him to carefully select sites. But the network's future now looks more certain than it did just a year ago. Since October 2007, the development of “Things!” Olga Eremeeva, former executive director of Nidan Juices, is in charge. Who doubts that she will be able to fulfill the plan - to increase business volumes 4 times by 2010?
Sergey Kuznetsov, CEO and main owner of the telecom operator Arktel
Education: no higher education
Sergei is still uncomfortable admitting that he does not have a university diploma: “At one time I even thought about going to study just for the sake of getting a degree, so as not to amaze people.” However, there was no time. While still at school, he began to earn good money. Then he bought Latvian analogues of vouchers and resold them in Riga. For some time he ran a shop. And when the crisis struck, I left Latvia to do business in bustling Moscow. Here he managed to found Arktel, a small operator providing agency services. Now it is a telecommunications company with revenue of $80 million. “It took 12 years to achieve some intermediate success - after all, Arctel is not yet a market leader. I worked every day, putting all my energy into it.” According to Sergei Kuznetsov, it is always possible to achieve your goals - the main thing is not to give up and work hard, despite possible setbacks and failures. Another component of success is the willingness to make breakthroughs and take risks. This step for Arctel was the decision to enter the long-distance communication market. It’s too early to talk about results: the company has not yet received all permits to operate the network. However, the general director is confident of success: “We will not make a revolution on a national scale, but we will take the 4% of the market that all analysts predict for us.” The prospect of retiring from business does not appeal to Sergei: “If such thoughts come to mind too often, then you just need to go and rest. This is fatigue. For now, I believe that I am bringing value to Arctel in my position.”
Grigory Karpovsky, President of the factoring company Eurokommerz
Education: Faculty of Economics, Moscow State University (2002)
Grigory comes from a family of Moscow intellectuals (father is an engineer, mother is an art critic). He was forced to start doing business while still in school: his parents could not pay for tutors, and without additional classes, in the young man’s opinion, he would not be able to enter the Faculty of Economics of Moscow State University. The aspiring businessman was resolving issues related to the crisis of non-payments: in the mid-1990s, it was extremely difficult for enterprises to pay each other - warehouses were full of products, and almost no one had money. Grigory Karpovsky began to buy up the debts of the Tulachermet plant for next to nothing, after which he persuaded the enterprise to pay him with finished products (often received through barter from other cash-strapped plants), which he more or less successfully sold. We had to sell a lot: shoes, vacuum cleaners, geysers. “The first time they gave me Gazelle sneakers,” recalls Grigory. - “And they deceived us: among the normal ones there were pairs of size 57 - such legs simply do not exist!” After successfully enrolling in the economics department of Moscow State University, I had enough money for tutors! – the future head of FC Eurokommerz continued to work at Electrolux, where he quickly became the sales manager for AEG products in Russia. Then there was work on the creation and management of Neidermans Finanz Corporation (financial consulting and business training) and Neumark (management accounting). Both of these companies still exist and are developing successfully, but Grigory Karpovsky sold his shares in them. In 2000, with the support of banks, he founded Eurokommerz, which became the market leader in 2006 and has since held first place in the industry.
Evgeniy Luneev, vice president for finance of PIK group
Education: Moscow State Institute of International Relations (1998)
In 2007, an amazing IPO took place: the company, which the owners had valued at $1 billion a little earlier, sold only 15% of its shares for almost twice that amount. Capitalization following the placement exceeded $12 billion. The company is one of the largest developers in Russia, the PIK group. And the modest author of this miracle was its vice president for finance, Evgeniy Luneev: “The task of the CFO, which no one often remembers, is that he must understand how much the company is really worth. We looked at what cash flows the PIK group would have by 2015, discounted them and said how much the company is worth now. Based on healthy optimism, it turned out to be more than $15 billion.” But that's not all. Any investment banker will tell you that it is technically impossible to prepare a company from scratch for an IPO on the main floor of the London Stock Exchange in a year. The main reason is that such placement requires audited financial statements under IFRS for three years. It will not be possible to do it “retrospectively”, since when first compiled it is necessary to physically calculate the balances at the beginning of the period. But Evgeny Luneev coped with this task. No, he didn't invent a time machine. And he “only” persuaded the Big Four auditing company to rely on the opinion of the Russian company, which assessed the balances at the beginning of 2004. Finally, during the IPO, PIK Group broke the stereotype that Asian investors prefer high-yield bonds. On the very first day of the road-show, they signed up for a third of the shares offered. Is it worth saying whose merit this is?
Vladlen Lovtsov, founder and financial director of the Tochka Vkusa retail chain
Education: Moscow State Law Academy (1998), Institute of International Business Education in Oklahoma (1996)
Vladlen Lovtsov believes that he built his career along “stone miles.” True, at the same time he quite unexpectedly changed his areas of activity. While still at the academy, he went to work as an auditor: “You can’t be a financier without knowing accounting,” says the businessman. “And I spent more than 5 years of my life working at Ernst & Young.” The impetus for the change in activity was almost an accident. Vladlen noticed in the minutes of the board meeting of one of the audited companies the name of a top manager who was only two years older than him. “I then thought: Lovtsov, you are already 25 years old, and you are sitting at Ernst & Young, a great auditor,” he recalls. “I set the goal of becoming a board member at the age of 27.” And he moved to Sun Interbrew, where he rose to the position of CFO. He quit, not seeing further opportunities for development, and went to Siberia. And he immediately joined the board of the Sibirsky Bereg company. “There I learned about finance from the inside, which is not covered in educational institutions or trainings,” says Vladlen. An employee with such an impressive work history “with arms and legs” was selected for the position of CFO of the Mosmart hypermarket chain. And on his 30th birthday, Vladlen formulated a new goal: “If instead of options or other opportunities to become a co-owner of a business, you are given pseudo-attractive bonuses, then you need to leave the company.” In October 2007, Vladlen Lovtsov, together with Sergei Leonov, left Mosmart to found the Tochka Vkusa chain of convenience stores. Now their task is to open 700 stores throughout Russia and achieve a turnover of $800 million by 2012.
Sergey Lyagin, Deputy Chairman of the Board of Investtorgbank
Education: Moscow State Institute of Electronic Technology (1997), Financial Academy under the Government of the Russian Federation (2001)
A graduate of a technical institute, Sergei Lyagin did not plan to become a financier. But when I went in search of my first job, the Russian Credit Bank just needed employees - an emergency happened. “I came to the lowest position. I remember the first task was to buy batteries for the boss’s pager. After two or three days, they gave me some business and sent me to deal with it on my own.” Thanks to his ability to quickly delve into everything new, Sergei soon began to cope successfully; management appreciated this and began to promote the young specialist to the top. “I held ordinary positions for quite a long time. In my opinion, he left Russian Credit from the position of chief specialist.” Sergei Lyagin, by coincidence, also ended up in Probusinessbank during an emergency. “Once again we had to delve into a completely unexplored area. Then, thanks to this, I received my first management position, becoming deputy head of the factoring department.” Sergei often had to take on new tasks - this gave him a lot of useful information and skills that helped him further build his career. Sergey Lyagin came to Kredittrust as deputy director of the credit department. And from there he ended up at Investtorgbank, where three years later he became deputy chairman. The path from an ordinary employee to a top manager took 10 years. Sergey Lyagin enjoys his work: he likes managing people and working with clients.
Alexander Lupachev, Vice President of Delta Private Equity Partners
Education: Moscow State Institute of International Relations (1997), Harvard Business School (2004)
“I was a simple guy from the Moscow region, I lived in Lobnya,” says Alexander Lupachev. – I ended up at MGIMO and realized: diplomacy is not good enough for me. Gradually I refocused on business.” An unexpected decision, because since childhood he wanted to become a diplomat, and at almost ten years old he decided to enter MGIMO. The transition turned out to be smooth: Alexander studied at the Faculty of Economics and worked at KPMG from his fourth year. A year later he moved to Andersen Consulting (now Accenture). “They made me a very good offer,” recalls Alexander. – The office in Russia was just beginning to develop; it had only eight employees. The company grew exponentially and so did my career. By the age of 25, I was managing quite large projects for such important clients as VimpelCom or Svyazinvest.” Alexander reached the position of manager and realized: it was time to change something. And he left for the USA, where he received an MBA at Harvard Business School. At one of the business parties, I met Leonid Blavatnik, who invited him to work for his Access Industries fund as an investment director. Alexander Lupachev considers the acquired experience unique: “The oligarchs teach what is not taught in any business school: the structure of Russian business, relationships. Lots of interesting nuances." The presence of specialized qualifications and extensive connections had their effect - in 2006, the Delta Private Equity Partners fund invited the “ordinary guy” to lead new investment projects in the field of TMT (technology, media, telecommunications).
Alexey Marey, member of the board, head of the Retail Business block of Alfa Bank
Education: Faculty of Economics, Moscow Aviation Institute (1999)
Alexey started working in his third year at the institute: “The Duracell company was recruiting merchandisers. No one then, in 1996, understood what a “merchandiser” was. I, too, must admit, vaguely imagined this. But I was hooked by a world-famous company and decided to give it a try.” Out of 60 people, three passed the interview, including Alexey. “I immediately suggested that the general director communicate in English. He is German, studied in the States, and he clearly liked my proposal.” Alexey worked at Duracell for two years: the first six months he put up stickers with the company logo in retail outlets, then he was an assistant marketing and logistics manager and logistics coordinator. In 1997, Gillette bought Duracell, and Alexey led the process of integrating the companies' logistics systems. In 1999, he moved to Danone as a sales support manager: “Working at Gillette got boring, but the position at Danone seemed interesting: it was the intersection of sales, IT, reporting, logistics, customer service, building a reporting system.” He worked at Danone for 5 years: first as a sales support manager, then as a regional sales manager (responsible for the South of Russia, the Urals, Siberia and the Far East). “I had 150 people under my command. You've worn yourself out during this time - be healthy. As friends joked, “they gave you a new company car - a Tu-154.” Alexey came to Alfa Bank in 2004: “From the HR department he got to the chief managing director Peter Shmida and his deputy Oleg Tumanov. They appreciated my potential and offered to head the bank’s Moscow retail business.”
Andrey Maltsev, Deputy Chairman of the Board of Orgresbank
Education: Moscow State Mining University (1997), Academy of National Economy under the Government of the Russian Federation (2007)
Andrey Maltsev began working at the Moscow Credit Bank (MCB) as an economist in the client department. “My task was to run around the market and shout: “We exist!” We lend! Come!” Having some experience in negotiations, Andrey soon began to quickly rise in position. By March 1999, he became the head of the development group. In 2000, he reached the rank of assistant to the deputy chairman, and then became an adviser to the chairman of the board. When he left the bank in 2005, Andrey Maltsev was already the head of the business development department. “Dismissal from the MKB was a deliberate step: I did everything I could there. I considered many proposals, choosing between something narrow and specific in large organizations and something broader in medium-sized ones.” Just at this time, Orgresbank needed a person who would develop corporate business and branch network. So Andrey Maltsev became vice president and head of the bank’s marketing department. By the age of 30, he took the post of deputy chairman.
Andrei Maltsev walked towards success consciously, built a strategy: he always wanted to become a leader in a large organization. He always tries to gain new knowledge, but he takes the learning process itself lightly. “I never crammed. I spent my student years as expected - fun, with adventures. I didn’t get C grades, but I was never an excellent student either.” The work brings the top manager pleasure, and his plans come true. Rated "F." Over the year, Orgresbank rose from 63rd to 35th place, working assets increased by 187%, and equity capital by 86%.
Dmitry Sachin, General Director of East Commerce - Asset Management
Education: Moscow Aviation Institute with a degree in aerohydromechanical engineer (1998). MBA from the Higher School of International Business of the Academy of National Economy (2002)
When Russia was occupied by a crisis in 1998, Dmitry Sachin, a recent graduate of the Moscow Aviation Institute, worked as an ordinary economist at the Russian Credit Bank. There were 7 or 8 levels of control above him. Overnight, the system that collapsed after the crisis had to be restored. “Not working with securities for a day, I then took the position of chief accountant of the Management Company “RK-Management”. There was little money, I really wanted to work - I grabbed it with my teeth.”
By the age of 26, Dmitry sat in the chair of the general director of a management company, and a year later he began building a new business together with Badri Gobechia: Interfin Trade and Interfin Capital appeared. “I didn’t have a single person on my team who had experience working with stock market instruments. Mutual fund "Partnership" under my management in 2002-2004 was one of the three best mixed funds according to the League of Managers. I taught everyone who came myself. Our company has become the fifth largest company in Russia in terms of assets under management.” Interfin began to create industry funds second on the market - at first everyone around criticized the idea. And then they started copying.
Dmitry Sachin’s success was facilitated by many accidents, good advice from others and his own stubbornness. He once worked very hard, but in recent years he has been reconsidering his attitude towards life, trying to find time for vacation: “An asset manager definitely needs to have a good rest: it takes time to come to his senses - our work is very nervous.”
Andrey Pyatakhin, director of corporate sales at VimpelCom
Education: Lipetsk State Technical University (1997), Voronezh Institute of the Ministry of Internal Affairs (2007)
Although Andrei dreamed as a child of being like the great scientist Albert Einstein, he earned his first “serious” money at the age of 15, unloading KamAZ trucks with watermelons. But it didn’t work out to make his dream come true: there was no good mathematical education in Lipetsk, and Andrei decided to enter the local technical university to major in “Automotive Industry and Automobiles.” As Andrei Pyatakhin admits, driver’s licenses were issued there, and the abbreviation of the faculty was similar to the name of the musical group A-HA, fashionable in those years. In 1996, in his fifth year, Andrei got a job at the Chernozemie Cellular Communications company as a marketing specialist. “I had three main tasks: delivering bills, answering calls and dealing with accounts receivable,” said Andrei Pyatakhin. – The third was the hardest. Nobody wanted to pay, everyone offered sausage and cheese.” Then in 2001 Andrey moved to VimpelCom. He became deputy director for commercial issues of the Lipetsk branch. “The real managerial work began precisely then, with the regional expansion of Vympel,” Andrey admits. He worked in several regions until in 2004 he was offered to head the company's commercial operations throughout the Ural region. Two years later, Andrey received the position of director of corporate sales for the Moscow region, and in mid-2007 he became director of corporate sales in Russia. “Since we entered the market later than the main players, we believe that the company has good growth. Our plans are to at least catch up with the leader, and at maximum to overtake him!” – says Andrey Pyatakhin.
Nikolay Storozhev, CEO of telecom operator Lank Telecom
Education: St. Petersburg Humanitarian University of Trade Unions (1997)
The 1998 crisis did not allow the recent graduate of the Faculty of Economics to pursue a career as a realtor. The new place of work was the Technopost company, which was trying to sell machines for gluing postage stamps. But Nikolai Storozhev did not have to show miracles of persuasion for too long in selling unnecessary equipment: after only three months, the promising employee was noticed by the owners of Technopost. And they transferred me to another asset - the future Petrosvyaz company, immediately to the position of head of the marketing department. But Nikolai didn’t stay there for long: “I was offered a similar position at the Lank Internet company (the former name of Lank Telecom - “F.”). There, in less than a year, he became commercial director, and then general manager.” The career seems natural to Nikolai: “In the telecommunications sector, a lot, if not everything, stands behind commerce and marketing. They are the ones who generate the operator’s success.” Under his leadership, Lank Telecom has grown from a small operator providing “card” Internet into a significant player in the market. Which, however, is not included in the first echelon of St. Petersburg signalmen. But Nikolai Storozhev sees its advantages in this: “While large companies are in the stage of permanent reform, we manage to do our dirty work, eating away clients.” Nikolai has already stepped away from operational management, transferring some of his powers to the executive director. He likes this evolution: “The holding is developing dynamically, perhaps we will start launching satellites into space. I would be happy to lead such a project.”
Andrey Sedov, partner at Deloitte
Education: Financial Academy under the Government of the Russian Federation (2001)
He could play tennis professionally. “In second grade, I was put through a series of tests and found that I was best suited for this sport,” recalls Andrei Sedov. But it was not possible to make a career as a tennis player - a move followed, and in the new place the future auditor could only engage in swimming and martial arts. “And maybe thank God,” he says. “After all, professional sport involves professional injuries and problems.” He knows about them firsthand: his father is a master of weightlifting and has been a coach for a long time. Andrey Sedov calls the preparation for entering the Financial Academy the most difficult period in his life. Starting from the 10th grade, after school I went to evening college. In addition, I additionally studied with teachers. “I didn’t give up sports either,” Andrey recalls. “Then I realized how important it is to plan your time. This helped a lot both in college and in business.” At Deloitte, he got a job as an assistant in his fifth year. And then rapid growth followed. “By that time, I had worked for a Russian auditing firm for some time,” he says. – In the 2nd and 3rd years I spent a lot of time in the library. I read periodicals on accounting, auditing, and taxation. I was lucky to have a chance to show my accumulated cumulative knowledge.” Being only a second-year assistant, Andrei Sedov managed to lead the audit. The project ended successfully, the young man was noticed. He then worked as a senior manager for only a year instead of the standard two years. “But in Deloitte’s practice, my case is atypical,” says Andrey.
Alexey Fedorov, General Director of Atlant-M Leasing
Education: Kazan Aviation Institute named after. A. N. Tupolev (2000), Financial Academy under the Government of the Russian Federation (2003)
Alexey is a very purposeful person. I knew that I would become an economist in high school and stubbornly moved towards this goal: the Binilect part-time business school, the Children's Bank at Sberbank, economics olympiads and studying in a physics and mathematics class. Nevertheless, the first attempt to enter the Financial Academy ended unsuccessfully: despite the silver medal, the applicant missed one point and was forced to take the documents to the Aviation Institute at the Faculty of Economics. Already in his third year, he moved from theory to practice: he joined a small multidisciplinary company, whose main business was the production of polyethylene pipes for laying telecommunications. “There I had a “young fighter course,” he recalls. – I learned to work with people: explain, convince, negotiate. I realized that it is better to use administrative resources last.” As a result, by the time he graduated from university, Alexey Fedorov became deputy general director for finance. And the diploma was written on a “work topic”: “Working capital management in small multi-industry corporations.” Having become a bachelor, he received a quarterly bonus, took out a loan from Sberbank, quit his job and went to Moscow to look for a promising job and study in an evening master's program at an academy that did not submit the first time. After a rather lengthy search, Alexey was hired by the Atlant-M holding, where three years later he created the leasing company Atlant-M Leasing.
Shamil Sultanov, first vice-president of the Megapolis tobacco distributor
Education: Moscow State Institute of International Relations (1999)
Have you ever heard of the Megapolis group of companies? If yes, then you can hardly imagine the true scope of its activities. Turnover for 2007 was $5.5 billion, the company controls 73–75% of the tobacco distribution market (according to estimates of its participants). Such giants as Philip Morris and Gallaher Liggett-Ducat sell their products in Russia exclusively through it. In total, cigarette sales account for 80% of the group's turnover. Megapolis became a little more famous after purchasing a 51% stake in the Dixy retail chain from its founder Oleg Leonov. “No, the shareholders were involved in this transaction,” comments Shamil Sultanov. But it is the 31-year-old MGIMO graduate who is now working to obtain the notorious synergistic effect from the joint work of the distributor and retailer. After all, he is responsible for the operational management of the company - co-owner and president Sergei Katsiev deals with strategic issues. One of the areas of work is preparing Megapolis for an IPO. “PricewaterhouseCoopers has been conducting audits for several years now,” says Shamil Sultanov, “we are launching SAP. Next year we will be fully ready to place shares. And then the shareholders will decide at what point it is better to carry out this transaction.” He has no doubt that investors will adequately evaluate his company: Megapolis has no analogues in Russia. “It’s a very attractive asset both from the point of view of financial and economic indicators and operational activities,” says Shamil. “And the shareholders’ strategic plans are so interesting and promising that they will remove any doubts even among zealous skeptics.”
Sergey Frolov, financial director of the operator Dalsvyaz
Education: Siberian State Academy of Telecommunications and Informatics (1997)
Sergei did not plan to go into the communications industry, although he received an education at a specialized university: “It remains unclear what money is made of in the sector,” he says. “And when you don’t understand the process, it’s not interesting to do it.” Therefore, after college, Sergei Frolov got a job in the marketing department of one of the Novosibirsk banks. A year later, he tried his luck in his own business, investing in the construction of a meat processing plant: “A year of effort did not produce any results. But I realized that the position of a hired manager is closer to me.” Failure prompted Sergei to return to the telecommunications field, familiar from his institute days. At first he worked in public relations at the local Electrosvyaz. Then he moved to Rostelecom to the position of economist: “It was there that I received purely professional financial knowledge.” The young economist was recommended for the position of financial director of Dalsvyaz by mutual friends of Anton Alekseev, the former CEO of the operator. During the personal interview, the latter was brief: “Seryoga, we need good results in a short period of time.” And he did it: the new CFO put the company’s finances in order. “In 2005, Dalsvyaz’s consolidated revenue was 10.5 billion rubles, in 2007 we will show about 15 billion rubles,” rejoices Sergei Frolov. He is confident that success lies in changing the mentality of management: “It is important to remain punks in the good sense of the word. Caring about the essence of the subject, and not about how you look from the outside. All people are equal."
Alexey Fedotkin, Vice President of Promsvyazbank
Education: Khabarovsk State Academy of Economics and Law (1998)
As a fourth-year student, Alexey Fedotkin got a job at the Khabarovsk branch of Vneshtorgbank (VTB) as a senior specialist in the international settlements and currency control department. Career growth was progressive. “I didn’t jump over any steps, everything went along the chain: leading specialist, chief, then acting head of the department. Then I changed my activity profile a little, within the same VTB. He went to his hometown of Komsomolsk-on-Amur, to a branch for the position of head of an additional office.” Alexey worked there for only six months. And he went to Moscow to start all over again. Having got a job at Promsvyazbank as a leading project finance economist in the relevant department, Alexey Fedotkin began his second ascent to the top of the business. It was quite successful. Five years later, an offer was received to head the corporate client department with the status of vice president and member of the board. “This happened as a result of administrative reform. I was then deputy director of the international business department.” Moving to Moscow, according to Alexey, is one of the most important and correct decisions in life; it provided many career prospects. The vice president likes working at Promsvyazbank. “I walk down the street and see signs for our clients. How can you not be proud that all this is beneficial? Not without the participation of Alexey Fedotkin, the volume of loans issued by Promsvyazbank to enterprises increased by 65% in 2007, working assets - by 58%. According to this indicator, he took 13th place in the “F” rating.
Andrey Shvetsov, partner at KPMG
Education: St. Petersburg State University of Economics and Finance (1998), St. Petersburg State University (2002)
When asked why he went from the Nizhny Novgorod region to study in St. Petersburg, Andrei Shvetsov answers: “Already in 1993, I imagined what the political situation would be in Russia, and the future value of “St. Petersburg registration.” Then there is a pause - the interlocutor is trying to figure out how to make such a seer work for himself. And a little later Andrey adds: “I’m joking, of course. My aunt lived there and there was at least some kind of rear support. At 17 years old this is important; at first it’s hard in a new city.” In his fifth year at Finek, he got a job in the St. Petersburg office of KPMG, and 10 years later he took a partner position. “For the most part, we work with people, not with papers,” says Andrey Shvetsov. – Quality is determined by how you keep your word, how responsibly you approach the matter. And career growth depends on quality.” He is sure that it was thanks to following these principles that he moved to Moscow. In 2001, the then senior auditor came to the capital office to conduct a methodological project. At this time, Magnitogorsk approached the Moscow office with a request to conduct an audit of several years’ worth of financial statements in a very short time - it was required for the placement of Eurobonds. “Nothing implied my participation,” recalls Andrey. – But I was offered to try because I had the knowledge and experience needed for the project. A large team, a rather large enterprise, a lot of work, the need to meet tight deadlines, a different level of responsibility. Nowadays they would call it the fashionable word challenge: take responsibility and fulfill what is required.”
Andrey Shirokov, Vice President of Nomos Bank
Education: Faculty of Economics, Moscow State Social University (1997), Global Executive MBA, The Fuqua School of Business, Duke University (2007)
“I have always been interested in economics, so I prepared intensively for entering the Finance Academy. But I didn’t get any points in the exams,” Andrey recalls. “I went to study at MGSU.” After graduating from university, I looked for a job in the traditional way - I sent out my resume. Among those who responded was Lanta Bank, which invited me to the position of economist in the newly created department for working with precious metals. “I didn’t know anything about this area, but I decided to take a risk and try my hand. It was very interesting: the precious metals market has just begun to develop after liberalization.” After working for a year and becoming a leading management economist, Andrei realized that there was nowhere to grow further here, and wrote a letter of resignation. “I moved to Nomos Bank, which was just looking for a specialist in working with precious metals.” For five months Andrey worked in the currency department, in 1999 he became a leading specialist in the department of operations with precious metals, and in 2000 he headed it. In December 2006, he took the post of vice president of Nomos Bank. Now he has 50 people under his command. “I’ve been in the precious metals market for ten years, and I haven’t lost interest in it. The people who work in the gold mining business are fascinating. They are unique – charismatic, strong, true leaders.” From numerous business trips, Andrei hurries to Moscow: “Work, the frantic rhythm of city life is... like a drug. After 2-3 weeks of calm, I am drawn back to Moscow and the bustle. Could I live in a city with a slow pace of life? More likely no than yes.”
Mikhail Chaikin, Member of the Board of ING Wholesale Banking Russia
Education: Financial Academy under the Government of the Russian Federation (1998)
Mikhail deliberately broke the family philological tradition by moving from an English special school to an economic lyceum, since “economics was considered a fashionable topic and a specialty in short supply.” Having entered the Financial Academy in 1993, he immediately began working, first in a small private Russian bank, then in a larger structure: “I was engaged in fixed income trading. It was a good, fun time of romantic banking, the formation of financial markets. But in 1997, he realized that the markets were going down and small banks were unlikely to survive, and he moved to ING. I consider this step a kind of professional hedging.” At ING, Mikhail rose to the position of head of the treasury back office in three years, then moved to audit, and then to risk management. To develop knowledge of corporate finance, he received an ACCA certificate. And soon he entered graduate school at the Financial Academy and in 2006 became a candidate of economic sciences. A year ago, Mikhail Chaykin began overseeing work with large corporate clients and general financing issues. And quite successfully: over 12 months, the bank’s loans to enterprises and organizations increased 2.3 times - to 35.8 billion rubles (as of January 1, 2008 - bank rating “F.”). “Clients are very demanding about everything: from relationships to execution. By communicating directly, it is easier to understand the history and prospects of a business, and to choose the right product range and financing structure.” Mikhail explained why he “stayed” at the bank for more than 10 years: “I was always focused on making it fun. Let it be a challenge, let it be difficult, but not boring. ING offers these options.”
Alexey Yakovitsky, former head of the analytical department of Deutsche Bank in Russia (moves to the investment bank created by VTB)
Education: Faculty of History, Moscow State University (1997), Master of Political Science from Nelson A. Rockefeller College of Public Affairs and Policy, State University of New York (1997)
Alexey's career is full of “correct accidents.” He entered the history department of the university in 1992, wanting to become a historian. But during his studies, he received a grant and went to America to study international relations and political science. Returning to Russia with a Master's degree in political science, he got an internship at the Carnegie Moscow Center and studied at graduate school at Moscow State University. And then suddenly Alexey was hired as a journalist for the Moscow Tribune newspaper - to write restaurant criticism. And soon he found himself in the global news agency BridgeNews. “I was assigned to deal with telecommunications. Then, in principle, I didn’t understand what we were talking about, I didn’t know how VimpelCom differed from Rostelecom in terms of business. But they paid $1,200 a month—not bad money at that time. In 1998, you could rent an apartment for $200,” recalls Alexey. Two years later, he was invited to the United Financial Group: from the position of junior telecommunications analyst, he rose to co-head of the analytical department. When Deutsche Bank bought the United Financial Group in 2006, Alexey Yakovitsky headed the bank's analytical department in Moscow. In March of this year, I received an offer to move to a similar position at VTB-Invest. By the way, in 2002 Alexey defended his dissertation and became a candidate of historical sciences.
Artem Yukhin, Vice President for Venture Fund Management, Troika Dialog Group of Companies
Education: Moscow State Technical University (1999)
Science has always attracted Artem, so he stayed in graduate school: “I was interested in how something can be implemented and applied in practice. We had an initiative group of 20 people and a bunch of inventions. I wanted to make a business out of it.” In 2001, Artem and his partner created the company A4vision and found an investor who invested $2 million in their promising development - recognizing people from a 3D facial image. Soon the first big client appeared - Logitech. And then came Motorola, Japanese and Singaporean companies, and even Larry Ellison, the head and owner of Oracle Corporation. “Then they raised more than $30 million. We were called an ideal start-up. Our 3D biometric technology has become an international standard and has been implemented throughout the world,” says Artem proudly. After leaving A4vision, he provided investment expertise for various funds and invested his own money in a number of companies. One of them, Artec Group, specializes in three-dimensional technologies. “This is my favorite topic, we haven’t implemented a lot of things. We are the only ones who can not model, but shoot three-dimensional scenes and objects in real time with a video frequency of 25, 50 frames per second.” In April 2007, Artem Yukhin came to Troika Dialog to engage in venture investments: “In the next five years, I definitely see myself growing this business. Russia has a technical intelligentsia rich in ideas, and for investing in high-tech technologies there is the right tool - venture funds. We have already announced that we are raising a fund of $100–150 million with the participation of Western investors.”
PROJECT PARTICIPANTS – 2006
| Name, position as of June 2006 | Was born | |
| Vladimir Androsik, partner of Eventis Telecom, which owns the Kyrgyz mobile operator Bimocom (Megacom trademark) | May 23, 1975 in Biysk (Altai Territory) | Eventis Telecom invested $35 million in the creation of a cellular network in Moldova, hoping to compete with the old-timers of the market - Orange and Moldcell |
| Timur Artemyev, member of the board of directors, co-owner of Euroset company | June 19, 1974 in Moscow | Euroset's turnover in 2007 exceeded $5.5 billion. In the ranking of billionaires by Finance magazine. Timur ranks 266th with an estimated fortune of $320 million |
| Maxim Barsky, Chief Executive Officer of West Siberian Resources | Maxim agreed with the president of Alliance NC Musa Bazhaev about the merger. The merger will be completed in April 2008. As a result, Alliance shareholders will become owners of 60% of WSR, whose shares are traded in Stockholm | |
| Maxim Basov, General Director of the Metalloinvest holding | May 8, 1975 in Moscow | Continues to be the right hand of Alisher Usmanov. As CEO of Gazmetal, he is preparing a merger deal with Norilsk Nickel. |
| Nikita Belykh, Chairman of the Federal Political Council of the political party “Union of Right Forces” (SPS) | June 13, 1975 in Perm | The Union of Right Forces failed in the parliamentary elections on December 2, 2007, gaining 0.96% of the vote and taking 8th place among 11 parties. Nikita later called on SPS supporters not to boycott the presidential elections |
| Ivan Glazachev, head of the Russian representative office of Chronopay | June 6, 1977 in Moscow | Ivan left Chronopay<;/td> |
| Roman Goryunov, Vice President of RTS, Head of the Derivatives Market Department | May 19, 1975 in Leningrad | An extraordinary meeting of shareholders of OJSC RTS Stock Exchange on July 25, 2007 elected Roman as president of the exchange instead of Oleg Safonov. Trading in futures and options continues to actively develop on the site |
| Alexander Gulchenko, General Director of the reinsurance company Rosno-Center | July 20, 1977 in Moscow | In 2007, one of Rosno’s shareholders, the German insurance group Allianz, bought 49% of the insurer’s shares from AFK Sistema for $750 million, gaining full control over the company. Alexander continues to hold the post of General Director of Rosno-Center and Deputy General Director of Rosno |
| Andrey Gunin, chief financial manager of the Rolf group of companies | March 20, 1976 in Volzhsky (Volgograd region) | Rolf remains the leader in sales of foreign cars in Russia with retail revenues of more than $2 billion. The group where Andrey works is investing $200 million in expanding its sales network |
| Gleb Davidyuk, partner of the private equity fund Mint Capital | October 10, 1975 in Kazan | In 2007, Mint Capital bought a quarter of the shares of the MONE beauty salon chain for $8 million, and approximately the same stake in the manufacturer of laminate tubes A-Dept for $5 million. Gleb joined the boards of directors of both companies |
| Mikhail Zelman, General Manager of Arpicom | January 18, 1977 in Moscow | The revenue of the company that manages the Goodman, Kolbasoff, Filimonova and Yankel, and Mama Pasta chains exceeded $60 million in 2007 |
| Evgeny Kochman, CEO and co-owner of Nordmarine | August 25, 1979 in Moscow | In December 2007, Nordmarine signed an agreement with its tenth dealer - the Georg company from Rostov |
| Vyacheslav Krasko, financial director of Seventh Continent | August 6, 1974 in Leningrad | Altius Development has announced ambitious plans for development in Sochi. The Imeretian Riviera project involves the construction of more than 1 million square meters. meters of real estate (more than half is housing that will be used as the Olympic Village in 2014) |
| Sergey Lomakin, General Director of the Kopeyka trading house | August 23, 1973 in Moscow | Sergey, together with his Kopeyka partner Artem Khachatryan, launched the Fix Price project - a store selling goods at a single price (30 rubles) |
| Igor Lysenko, Chairman of the Board of Mezhprombank-plus | September 7, 1975 in Moscow | In the summer of 2007, Igor Lysenko left the group of Senator Sergei Pugachev and moved to Svyaz-Bank, to the position of senior vice president. In February 2008, the president of Svyaz-Bank was replaced. Gennady Meshcheryakov's place was taken by Alla Aleshkina, former first deputy chairman of Sberbank |
| Oleg Malis, senior vice president of Altimo | December 14, 1974 in Moscow | In 2008, Golden Telecom will merge with VimpelCom. The total revenue of the companies in 2007 was $8.3 billion. Oleg Malis will represent the interests of Mikhail Fridman and partners on the board of directors of the unified company |
| Alexander Mechetin, Chairman of the Board of Synergy OJSC | July 8, 1975 in Partizansk (Primorsky Territory) | Synergy raised $190 million through an IPO on the RTS and MICEX in November 2007. Alexander occupies 231st place in the ranking of billionaires by Finance magazine. with an estimated fortune of $400 million |
| Maxim Nogotkov, President of the Svyaznoy group of companies | February 15, 1977 in Moscow | In February 2008, one of the group’s structures, Svyaznoy CJSC, declared bankruptcy. However, business is going on. Maxim ranks 252nd in the ranking of billionaires by Finance magazine. with an estimated fortune of $350 million |
| Sergey Panov, General Director of the Aktion-Media publishing house | March 1, 1975 in Moscow | In 2007, Aktion-Media launched an ambitious project - the Glavbukh System. This is an electronic database of exclusive recommendations for optimizing accounting, tax planning and personnel records management. |
| Dmitry Razumov, independent investment banker | February 7, 1975 in Moscow | In May 2007, he headed the Onexim group, created by entrepreneur Mikhail Prokhorov to manage his assets. Mikhail Prokhorov continues the division of property with Vladimir Potanin |
| Vladimir Rashevsky, General Director and Chairman of the Board of the Siberian Coal Energy Company (SUEK) | September 29, 1973 in Moscow | FAS will consider an application for the merger of SUEK and Gazprom assets. The parties assume that SUEK will conduct an issue, as a result of which 50% plus 1 share of the company will go to Gazprom in exchange for its stakes in energy companies |
| Andrey Savelyev, Chairman of the Board of Directors of Moskommertsbank | June 28, 1973 in Kharkov | As president of the Reso group, he decided to create a mortgage business - Reso Credit Bank, which would engage in mortgage lending, experience in which Andrey gained at Moskommertsbank |
| Vitaly Samsonov, financial director of Lebedinsky GOK | February 18, 1975 in Moscow | Vitaly works as the financial director of the Metalloinvest company, which controls Lebedinsky GOK, Mikhailovsky GOK, Ural Steel, OEMK, North-Eastern Investment Bank, Metalloinvestleasing, Metalloinvesttrans, Uralmetkom, Hamriyah Steel |
| Vadim Sachkov, General Director of the management company "Solid Management" | September 1, 1976 in Moscow | Vadim ceded the position of general director to his first deputy Yuri Novikov, taking up the post of general director of the Management Company "Solid Real Estate Funds" |
| Kirill Seleznev, General Director of Mezhregiongaz, member of the Board of Directors of RAO UES of Russia | April 23, 1974 in Leningrad | Kirill continues to hold high positions: member of the board of Gazprom, general director of Mezhregiongaz, member of the boards of directors of a number of energy companies |
| Yakov Sergienko, Doctor of Economics, partner of the San Lazar clinic | October 1, 1977 in Voronezh | Yakov continues to work as part of a group of authors on the calculation of the Market Index “Finance.” |
| Maxim Solntsev, Chairman of the Board of SDM Bank | March 10, 1976 in Moscow | In 2007, SDM Bank's operating assets increased by 36% to 14.7 billion rubles. Maxima Bank occupies 121st place in the rating of banks by the Finance magazine. |
| Pavel Tatyanin, senior vice president for finance, Evraz Group | February 23, 1974 in Moscow | Evraz Group, after becoming one of the shareholders of Roman Abramovich, has been pursuing an active policy of acquisitions. In March 2008, the company agreed to purchase part of the assets of the American Ipsco from the Swedish company SSAB for $2.3 billion |
| Nikolay Tsekhomsky, Senior Vice President of VTB | March 1, 1974 in Leningrad | In March 2008, VTB shares were more than 40% cheaper than at the IPO in May 2007. Nikolay joined the board of the Ukrainian pipe company Interpipe as an independent director. VTB shares since IPO |
| Evgeny Chichvarkin Chairman of the Board of Directors of Euroset | September 10, 1974 in Moscow | On January 10, 2008, Evgeniy created the blog chich8.livejournal.com. In the ranking of billionaires by Finance magazine. ranks 267th with an estimated net worth of $320 million |
| Dmitry Shitsle, General Director of the leasing company Uralsib | November 3, 1977 in Stavropol | More than a year ago, Dmitry ceased to be the general director of the leasing company Uralsib. |
| Alexey Shkrapkin, General Director of Capital Management Company | October 31, 1974 in Moscow | Now Alexey is the General Director of VTB Asset Management. The value of assets exceeds 8 billion rubles |
| Ilya Sherbovich, head of investment banking at Deutsche Bank in Russia, president of Deutsche UFG | December 23, 1974 in Vladimir | In 2007, Ilya left Deutsche Bank and became president of United Capital Partners |
PROJECT PARTICIPANTS – 2007
| Name, position as of April 2007 | Was born | Career/company changes |
| Alexey Adikaev, member of the board of directors, chairman of the board of Mirax Group | June 25, 1974 in Leningrad | In 2007, the group's turnover increased 2.5 times to $1.3 billion. 80% was provided by Mirax Park, Kutuzovskaya Riviera, Mirax Plaza (Moscow) and the Federation Tower. In 2008, Mirax plans to begin construction of at least seven new facilities with a total area of 4.5 million square meters. meters |
| Armen Babajanyan, General Director of the Electronics and Mechanics Plant, Vice President of ABS Holdings | January 24, 1977 in Moscow | The Electronics and Mechanics Plant launched a new product - electric multi-turn drive PEM-V |
| Said Batkibekov, Director of the Department of Strategy for Socio-Economic Reforms of the Ministry of Economic Development of Russia | January 13, 1977 in Frunze (Kyrgyzstan) | In March 2008, Said moved to Troika Dialog to the position of vice president of the private equity fund management department. He will oversee a fund focused on infrastructure investments |
| Denis Bugrov, partner at McKinsey & Company | October 16, 1974 in Moscow | In January 2008, Denis, at the invitation of German Gref, took the post of senior vice president and member of the board of Sberbank. Will be responsible for strategy |
| Dmitry Bykov, Deputy Chairman of the Committee for Economic Development, Industrial Policy and Trade of the St. Petersburg Administration | January 10, 1981 in Leningrad | Dmitry continues to oversee the development of small businesses in St. Petersburg |
| Dmitry Vinokurov, General Director of the audit company MKPTSN | October 26, 1974 in Ramenskoye (Moscow region) | The total revenue from the audit activities of the ICPC amounted to 390 million rubles for 2007 |
| Anton Vishchanenko, senior vice president for finance of Mechel group | June 2, 1979 in Moscow | In 2007, Anton moved to the position of financial director at Uralchem. |
| Stanislav Voskresensky, assistant at the Presidential Expert Directorate | September 29, 1976 in Moscow | In February 2008, Stanislav was appointed Deputy Minister of Economic Development and Trade |
| Ivan Gelyuta, General Director of the management company "Agana" | May 12, 1977 in Moscow | Ivan left the post of general director, remaining a member of the board of directors of Agana. Engaged in the development of closed-end mutual investment funds |
| Maxim Grishakov, General Manager for Russia, Wrigley | March 26, 1975 in Moscow | Wrigley is expanding into the chocolate market after acquiring an 80% stake in the Odintsovo confectionery factory (Korkunov brand) for $300 million |
| Dmitry Grishin, CEO of Mail.ru | October 15, 1978 in Kapustin Yar?1 Astrakhan region | In 2007, the South African media holding Naspers acquired a 2.6% stake in Mail.ru for $26 million, bringing its stake to 32.6%. According to the deal, the entire company is valued at $1 billion |
| Grigory Guselnikov, first vice-president of Binbank | February 25, 1976 in Novosibirsk | Grigory bought 75% of the First Insurance Company from Mikhail Shishkhanov, bringing his share to 100%. Senator Vadim Moshkovich became the owner of B&N Bank |
| Kirill Dmitriev, Managing Director of Delta Private Equity Partners | April 12, 1975 in Kyiv | Kirill became president of Icon Private Equity, a new player in the private equity market |
| Nikolay Zhmurenko, financial director of Synterra | May 4, 1974 in Kyiv | In September 2007, Synterra presented consolidated financial statements under IFRS for the first time. Revenue in 2006 was $210 million |
| Andrey Zokin, Chief Investment Director of Management Company "Gazprombank - Asset Management", Managing Director of the Portfolio Investment Directorate of Gazprombank | December 5, 1981 in Moscow | The value of net assets in the mutual funds of the Management Company "Gazprombank - Asset Management" is 3.7 billion rubles |
| Mikhail Kokorich, General Director of the company "Business Components" | October 11, 1976 in the village of Aginskoye, Chita region | The Chudodom chain has grown from 10 to 24 stores. The Van Graaff company, part of Mikhail’s group, received an exclusive franchise to create a chain of Van Graaf clothing department stores in Russia. The first is planned to open in Moscow in 2009 |
| Shamil Kurmashov, Deputy General Director for Finance and Investments of Sistema Telecom | December 27, 1978 in Mirny (Arkhangelsk region) | As a result of the reorganization, Shamil became deputy head of the complex for finance and investments, director of the investment department of Sistema JSFC |
| Alexander Ladan, General Director of the Sibirsky Bereg company | February 10, 1977 in Ust-Kamenogorsk (Kazakhstan) | In the summer of 2008, Sibirsky Bereg plans to launch production in China. Productivity – 435 tons per month |
| Yuri Lyubimov, Advisor to the Minister of Economic Development and Trade | May 10, 1977 in Leningrad | Yuri continues to remain in office under the new minister - Elvira Nabiullina |
| Oleg Mazurov, General Director of Management Company "Alliance Rosno Asset Management" | January 17, 1978 in Moscow | The management company came completely under the control of the German Allianz |
| Sergey Mikhailov, General Director of the Management Company of the Industrial Construction Bank | January 24, 1977 in Leningrad | Management Company PSB is among the leaders in the number of clients - individuals |
| Valery Naumov, Deputy Chairman of the Board of Soyuz Bank | July 8, 1974 in Leipzig (Germany) | Valery continues to be responsible for issues related to risk management, implementation of the bank’s credit and limit policies |
| Maxim Naumov, General Director of Capital Growth Management Company | August 22, 1974 in Vladivostok | The management company of Maxim Naumov became part of the Metropol group of Mikhail Slipenchuk |
| Evgeny Potapov, General Director of the Kola Mining and Metallurgical Company | August 31, 1974 in Zheleznogorsk-Ilyinsky (Irkutsk region) | In 2008, 6 billion rubles should be invested in the development of production at the Kola MMC. MMC continues to be part of Norilsk Nickel |
| Igor Pushkarev, member of the Federation Council from Primorsky Territory | November 17, 1974 in the Chita region | In the Federation Council, Igor holds the post of Deputy Chairman of the Commission on Youth and Sports Affairs |
| Sergey Savosin, financial director of the insurance company Zurich | August 6, 1974 in Moscow | As “F.” wrote, after the purchase of the insurer Nasta by the Zurich group, he took the position of financial director in this company and focused on his studies - receiving an MBA degree from Columbia and London Business School. |
| Nikolay Sobolev, financial director, member of the board of directors of Severstal-auto | August 21, 1976 in Moscow | The automaker's revenue reached $1.8 billion in 2007. |
| Mark Temkin, Executive Director, Head of Business Line for Transactions with Shares of FC Uralsib | May 8, 1974 in Moscow | Mark received a promotion: in February 2008, he was appointed chief executive officer of investment banking services at the Uralsib financial corporation. |
| Alexey Chalenko, General Director of Investment Management Company, Advisor to the President of Inteko | December 1, 1974 in Novosibirsk | Alexey holds the post of General Director of Management Company "Alliance Continental" (former Management Company "Investment") |
| Vitaly Khismatullin, General Director of Capital Management Company | March 1, 1977 in the city of Ruzaevka (Republic of Mordovia) | In June last year, he left Management Company “Kapital” to run his own business - create private equity funds and develop projects related to development |
| Vladislav Khokhlov, First Deputy General Director of Ursa Bank | September 11, 1978 in Sverdlovsk | Ursa-Bank rose to 17th place in the rating of banks by the Finance magazine. for working assets. They grew in 2007 by 75% to 168 billion rubles |
| Vyacheslav Shiryaev, CEO of Vesco Group | February 23, 1977 in Severodvinsk (Arkhangelsk region) | Vesco Group announced its intention to build a cottage community on Novorizhskoye Highway |
| Andrey Yakovlev, General Director of Globus Gourmet Group of Companies | June 11, 1976 in Almaty (Kazakhstan) | Two franchise boutiques of the chain are planned to open in Ufa and Krasnoyarsk |
In February, Georgy Popov, who allegedly revealed financial fraud in the company, demanded to pay 31 million rubles for dismissal, but the court refused him. His lawyer did not connect the searches with this case, but did not rule out the possibility
The entrance to the office building of the Russian branch of Deloitte & Touche CIS, where the Investigative Committee of the Russian Federation conducted searches. Photo: Andrey Makhonin/TASS
The Moscow office of one of the world's largest auditing firms, Deloitte, was searched. It is believed that they are related to a former employee of the company.
Deloitte said the investigation was being carried out as part of an investigation into one of its former clients. But, as the defense of one of the company’s former top managers states, the searches may be related to his appeal to the authorities. We are talking about Georgy Popov, who filed a lawsuit against Deloitte in February of this year.
Popov said that he was illegally fired, allegedly for uncovered financial fraud, and demanded compensation of 31 million rubles for the fact that he was forced not to work for 111 days. Based on this, according to his lawyer Ruben Markaryan, the partner of the auditing firm earned 286 thousand rubles per day. The defense attorney, in an interview with Business FM, did not connect the searches with the case of his client, but did not rule out this possibility.
Ruben Markaryan lawyer “I cannot comment on the extent to which the investigative actions at Deloitte & Touche CIS on Lesnoy are related to the statement that my client filed in March regarding the establishment of illegal surveillance of him by the company’s management. Let me remind you: he filed this application due to the fact that the company’s management actually put him and his subordinates under surveillance, because he discovered financial abuses in this company and reported this to management, after which he was fired. As far as I know, as of yesterday, the material from this audit was in the prosecutor's office of the Tverskoy district of Moscow. On March 27, I voiced this topic at a meeting of the working group of the Presidium of the Council under the President of Russia for the fight against corruption. I cannot comment on how this relates to today’s events, because we were not informed; the investigator determines the course of the investigation himself. Whether this is connected or not, I can’t comment.”
One of the world leaders in auditing, Deloitte & Touche CIS CJSC, is considering the possibility of creating a branch in the Khabarovsk Territory. This was stated by Andrey Shvetsov, a partner at Deloitte & Touche CIS, following his November visit to Khabarovsk. What is the reason for the company's interest in the Khabarovsk Territory?
According to Shvetsov, Deloitte & Touche CIS is one of the Big Four and is the auditor of the largest companies in the world in various business areas. In the Khabarovsk Territory and the Far East, the company conducts independent audits of the financial statements of organizations in the oil refining, resource extraction and other industries.
“The interest in the Khabarovsk Territory is not accidental,” says Andrey Shvetsov, “since the country’s significant resource reserves are concentrated here, there are good logistics capabilities, developed transport, communications, and competent regional economic policy. All these are good conditions for business development. The implementation of the Far Eastern Hectare program is also a significant achievement of regional economic policy, which will allow the development of small, medium and large businesses, both existing in the Khabarovsk Territory and new ones.
In these conditions, we see a potential increase in demand for audit services and are considering the possibility of creating a branch.
– How, from your point of view, does audit have a positive impact on business development?
– Audit, as an independent verification of the reliability of financial statements of organizations, has become a necessary prerequisite for successful business, attracting investments, obtaining loans, and government assistance.
In the economy of modern Russia, trust in business, although it does not have a monetary equivalent, is valued highly, primarily by creditors, suppliers, buyers, and owners of assets used in the activities of organizations.
A sign of trust in a business, it and its owners, is the auditor’s positive opinion on the reliability of the organization’s financial statements, which reflect in a concentrated form the successes (profits) and failures (losses), the structure and value of the organization’s assets and liabilities. If the financial statements are reliable, then the business can be trusted; if the business has profits or development prospects, then money can be invested in it, including for the public.
Natalya Meretskaya, regional representative of the SRO Russian Union of Auditors, agrees with this point of view.
“The auditor’s opinion on the reliability of the financial statements, and therefore, to some extent, the overall opinion on the organization’s activities in the field of production, finance, and sales, is important for federal and regional authorities,” says Natalya Meretskaya. – Financial reporting of organizations and entrepreneurs is a single state information resource, the basis for the formation of regional and federal policies in the field of economics and finance. What is the information, so is the policy. An audit is a public activity not so much in the interests of its direct customer (organization, entrepreneur), but in the interests of an indefinite circle of persons - investors, creditors, partners.
– But if the audit report reveals not so much successes as failures, it is unlikely to help the business...
“When forming his opinion,” says Natalya Meretskaya, “the auditor does not seek to “please” the owners, business managers, or any users of financial statements, regardless of who pays him for his work. His task is to carry out an inspection professionally and independently of any influences and interests and express his opinion: positive or negative.
It is very important for an investor, for example, a shareholder in construction, a shareholder in a cooperative, to obtain an auditor’s opinion on the financial position of the organization before transferring their money. If an auditor speaks about the unreliability of financial statements and makes reservations, this means that this organization cannot be trusted.
“The audit is aimed at expressing an objective opinion on the financial statements and financial position of the organization, which reflect the overall “health” of the business,” says Andrey Shvetsov. – The auditor’s assessment must be objective, based on facts and evidence, an assessment of the organization’s commercial, financial, tax and legal risks. Objectivity cannot be “higher” or “lower”; it is inherent in the auditor’s opinion.
In general, the function of an auditor is somewhat similar to the function of a doctor making a diagnosis. Whether he likes the patient or not, the doctor must say for sure: the person is sick with something or is completely healthy. It depends on this whether he will have to undergo treatment or whether he can fly into space tomorrow. From this point of view, the presence of one of the leaders in the Khabarovsk Territory cannot but affect the development of local business and the formation of a favorable investment climate.
“We need a representative office in Khabarovsk,” says Andrey Shvetsov, “to be closer to the organizations in which we conduct audits and provide other services. This will increase the efficiency of audit activities and have a positive impact on the business of the audited organizations.
KPMG annually holds Career Days for graduates and students, and 2010 was no exception. On May 31, the company welcomed sixty young professionals to its office, whose applications were selected from those sent by those wishing to build a career in the field of audit and consulting services. For them, Career Day turned out to be an excellent opportunity to see with their own eyes what it is like to work at KPMG and how business relationships are built in the company.
In 2010, KPMG launched internship and recruitment programs for many of its divisions. KPMG Career Day participants had the opportunity to meet partners leading all departments that open their doors to graduates of various Russian universities. Just like a year ago, students and graduates were invited to our Moscow office.
Reports from KPMG partners and employees
Opened a series of presentations Tony Thompson, Deputy Managing Partner and Head of the KPMG Advisory Services Department in Russia and the CIS. In his presentation, Tony spoke about the services that KPMG provides to its clients, the specifics of a consultant’s work at KPMG and the specifics of this area in Russia.
Continued communication with participants Andrey Shvetsov, Partner, Head of the Industrial Markets Group of the KPMG Audit Services Department in Russia and the CIS. Andrey told how he built his career at KPMG, what are the specifics of the audit services market in Russia, and also what distinguishes our company from others that provide a similar range of professional services.
Also addressed the students Bob Wallingford, Partner, KPMG Tax and Legal Advisory Department. Bob spoke about the KPMG Tax Department, spoke about his experience in tax and legal consulting and working in the KPMG Moscow office. Completed a series of speeches to students John Callaway, Partner, Head of the Corporate Finance Department of KPMG in Russia and the CIS. John spoke in detail about the main areas of work of the department and how young specialists begin their careers here. Separately, John focused on why working at KPMG in Russia seems to him the most interesting and promising.
Continuation of the evening
After a series of presentations, the guests were divided into three teams and took part in business games prepared by our specialists specifically for students. Business games were conducted by managers of the Audit Services Department Andrey Glukhov, Marina Pronina and Evgenia Bondarenko.
The evening ended with a reception, where the students were joined by employees from various KPMG departments to talk with the graduates in a relaxed atmosphere and answer all their questions. Career Day participants were very pleased with their acquaintance with our company and expressed a desire to definitely return to KPMG.
The results of a study of future economic conditions conducted by the international audit company KPMG in the winter of 2009, which involved about 1,800 industrial enterprises in the BRIC region (Brazil, Russia, India and China), indicate a sharp decline in expectations for growth in economic activity and a revision of sales forecasts for 2009 downward year.
The study showed that enterprises had significantly lower expectations regarding receiving new orders. Both because of the slowdown in trade turnover on the international market, which will soon affect export volumes, and because of the projected decrease in domestic demand.
“Forecasts show that over the next twelve months, business conditions will become even more unfavorable, revenues and profits will continue to decline. All this will have the most negative consequences for investments,” says Andrey Shvetsov, partner in the audit department of KPMG in Russia and the CIS.
But in Russia, unlike other BRIC countries, the level of confidence of industrial enterprises in economic growth is somewhat higher. As Andrey Shvetsov notes, Russian manufacturers believe that even in such a difficult economic situation they will be in a more advantageous position. Such expectations are based on the fact that in the context of a weakening ruble, the demand for their products in the domestic market of Russia will be higher than the demand for similar products in the domestic markets of Brazil, India and China.
BRIC industrial enterprises predict a slowdown in the growth rate of production capacity utilization over the next 12 months, which confirms the fact that the number of new orders is decreasing: due to a decrease in demand, enterprises plan to primarily sell already produced goods. A response to the general worsening of the economic situation will also be a reduction in jobs in the BRIC industrial sector in 2009, although this is predicted to be insignificant.
Forecasts of Russian manufacturers regarding industrial production volumes are more optimistic than the BRIC average. In 2009 they predict an increase in the number of new orders. At the same time, even despite a noticeable decrease in expectations compared to the summer of last year, expectations for growth in income from business activities in the winter of 2009 remained very, very significant. Russian manufacturers believe that, despite the slowdown in inflation growth in general, the increase in purchase prices will still be quite high, but the volume of capital investments will decrease significantly, and first of all this concerns investments in R&D.
