11.05.2023
12:15–13:45
Corporate Governance in Russia: Transformation under Sanctions
Congress Centre, conference hall B3
In this period of sanctions, what changes were made to Russia’s corporate legislation in order to protect relevant participants and the ownership structure of companies? How has legislation aimed at countering sanctions impacted the investment attractiveness of equity capital? What subsequent steps should be taken to reform regulation in relation to mandatory corporate procedures?
Moderator
Marina Belyakova
Partner, B1 Group
Panellists
Elena Borisenko
Deputy Chairman of the Management Board, Gazprombank
Andrey Bugrov
Chairman of the Board of Directors, Norilsk Nickel
Andrey Medvedev
Legal Department Director, The Central Bank of the Russian Federation (Bank of Russia)
Alexey Moiseev
Deputy Finance Minister of the Russian Federation
Ilya Torosov
First Deputy Minister of Economic Development of the Russian Federation
Irina Shitkina
Professor, Department of Business Law, Faculty of Law, Lomonosov Moscow State University
Broadcast

Marina Belyakova
Partner, B1 Group

Elena Borisenko
Deputy Chairman of the Management Board, Gazprombank
As the First Vice-President and the Member of the Board, Ms. Borisenko is overseeing the Gazprombank’s Legal Department and responsible for addressing all legal matters encountered by Gazprombank and its group of companies.
Education
Saint Petersburg State University, Law School (2000)
Legal practice
Private legal practice, corporate and commercial law (2000-2008)
Member of Saint-Petersburg Bar Chamber (2001-2008)
State Service
2008 - 2009 - Advisor to the Head of the Federal Registration Service
2009 - 2010 - Advisor to the Minister of Justice of the Russian Federation
Feb. 2010 - March 2011 – Head of the Department of Legal Aid and Cooperation with Judicial System, Ministry of Justice of the Russian Federation
2011 - 2012 - Advisor to the Minister of Justice of the Russian Federation, Official Representative of the Ministry of Justice of the Russian Federation in the Constitutional Court of the Russian Federation
2012 - 2015 – Deputy Minister of Justice of the Russian Federation.
Teaching and lecturing
Saint-Petersburg State University, Law School, State and Administrative Law Department (2013-till now)
Education
Saint Petersburg State University, Law School (2000)
Legal practice
Private legal practice, corporate and commercial law (2000-2008)
Member of Saint-Petersburg Bar Chamber (2001-2008)
State Service
2008 - 2009 - Advisor to the Head of the Federal Registration Service
2009 - 2010 - Advisor to the Minister of Justice of the Russian Federation
Feb. 2010 - March 2011 – Head of the Department of Legal Aid and Cooperation with Judicial System, Ministry of Justice of the Russian Federation
2011 - 2012 - Advisor to the Minister of Justice of the Russian Federation, Official Representative of the Ministry of Justice of the Russian Federation in the Constitutional Court of the Russian Federation
2012 - 2015 – Deputy Minister of Justice of the Russian Federation.
Teaching and lecturing
Saint-Petersburg State University, Law School, State and Administrative Law Department (2013-till now)

Andrey Bugrov
Chairman of the Board of Directors, Norilsk Nickel
Andrei Bougrov is a Deputy Chairman of the Board of Directors of MMC Norilsk Nickel and Member of its Management Board. He also served as Chairman and Member of the Board of Directors of MMC Norilsk Nickel and was Senior Managing Director of Interros Holding Company. Prior to that in 1993-2002 Mr. Bougrov was Russia’s Principal Resident Representative and Executive Director at the World Bank. Before joining the World Bank Mr. Bougrov was a senior staff member of the European Bank for Reconstruction and Development in London.
He received a BA and a Master’s Degree with first class honors from the Moscow State Institute for International Relations, completed post-graduate studies and received a Ph.D. in economics.
He received a BA and a Master’s Degree with first class honors from the Moscow State Institute for International Relations, completed post-graduate studies and received a Ph.D. in economics.

Andrey Medvedev
Legal Department Director, The Central Bank of the Russian Federation (Bank of Russia)

Alexey Moiseev
Deputy Finance Minister of the Russian Federation
Professional Experience
February 1995 – September 1996 – economist of the 1st category, leading economist of the Central Bank of the Russian Federation
July 1998 – July 2001 – economist and senior sovereign analyst of the Fixed Income Department, DNP Paribas, London, UK
July 2001 – September 2010 – leading economist, Deputy Head of the Research Department of ‘Renaissance Capital–Financial Consultant’
September 2010 – July 2012 – Deputy Head of Research Department, Head of Macroeconomic Research Department of ZAO VTB Capital
18 July 2012 – present – Deputy Minister of Finance of the Russian Federation
1996 – distinguished by the Governor of the Bank of Russia
Awarded the Honorary Diploma of the Government of the Russian Federation
Education
Ordzhonikidze State Academy of Management, major in international economics (1990–1995)
University of Rochester, USA, MBA (1996–1998)
February 1995 – September 1996 – economist of the 1st category, leading economist of the Central Bank of the Russian Federation
July 1998 – July 2001 – economist and senior sovereign analyst of the Fixed Income Department, DNP Paribas, London, UK
July 2001 – September 2010 – leading economist, Deputy Head of the Research Department of ‘Renaissance Capital–Financial Consultant’
September 2010 – July 2012 – Deputy Head of Research Department, Head of Macroeconomic Research Department of ZAO VTB Capital
18 July 2012 – present – Deputy Minister of Finance of the Russian Federation
1996 – distinguished by the Governor of the Bank of Russia
Awarded the Honorary Diploma of the Government of the Russian Federation
Education
Ordzhonikidze State Academy of Management, major in international economics (1990–1995)
University of Rochester, USA, MBA (1996–1998)

Ilya Torosov
First Deputy Minister of Economic Development of the Russian Federation
Born on 14 October 1982 in Moscow.
In 2004, graduated from the State University of Management.
2005–2006 Chief Economist, OAO Alfabank.
2006–2008 Chief Specialist, Senior Manager of Corporate Banking Development group in Central region of the Russian Federation, JSC Raiffeisenbank.
2008–2015 Head of the Department for High Profile and Corporate Customer Relations, MDM Bank.
2015–2017 Head of Corporate Customer Service and Financing Directorate, PJSC TransKapitalBank (TKB Bank).
2017–2018 Executive Director/ Executive Partner, UDR group of companies.
From January 2018 to March 2018 Advisor/Acting Deputy Chair of the Board, TROIKA-D BANK.
From 12 March 2018 Deputy Minister of Economic Development of the Russian Federation.
Candidate of economic sciences.
In 2004, graduated from the State University of Management.
2005–2006 Chief Economist, OAO Alfabank.
2006–2008 Chief Specialist, Senior Manager of Corporate Banking Development group in Central region of the Russian Federation, JSC Raiffeisenbank.
2008–2015 Head of the Department for High Profile and Corporate Customer Relations, MDM Bank.
2015–2017 Head of Corporate Customer Service and Financing Directorate, PJSC TransKapitalBank (TKB Bank).
2017–2018 Executive Director/ Executive Partner, UDR group of companies.
From January 2018 to March 2018 Advisor/Acting Deputy Chair of the Board, TROIKA-D BANK.
From 12 March 2018 Deputy Minister of Economic Development of the Russian Federation.
Candidate of economic sciences.

Irina Shitkina
Professor, Department of Business Law, Faculty of Law, Lomonosov Moscow State University