Business Partner
VEB.RF

Business Partner

VEB.RF operates under the Federal Law “On State Development Corporation VEB.RF”.

VEB.RF’s primary objective is to promote Russia’s long-term social and economic growth. In partnership with commercial banks and investors, VEB.RF provides financing for integrated projects to develop the country’s industrial production and infrastructure, strengthen its technological potential, develop the urban economy and improve the quality of life.

In accordance with the Memorandum on Financial Policies, VEB.RF is involved in projects contributing towards the national development goals. VEB.RF’s operating principles include activities without competition with commercial banks, transparency and break-even performance in project financing.

The highest governing body of VEB.RF is the Supervisory Board chaired by Deputy Prime Minister and Chief of Staff of the Government Executive Office of the Russian Federation Dmitry Grigorenko.

Igor Shuvalov is VEB.RF Chairman.

Igor Shuvalov

VEB.RF Chairman

Igor Shuvalov

VEB.RF Chairman

Year And Place Of Birth

Born on 4 January 1967 in Bilibino, Magadan Region.

Information About Vocational Education

1993, Lomonosov Moscow State University, degree: Lawyer; major: Jurisprudence.

Professional Background

1984–1985, laboratory technician, Ekos Research Institute.

1985–1987, compulsory military service in the Soviet Army.

1993, attaché, Legal Department, Russian Ministry of Foreign Affairs.

1993–1995, Senior Legal Adviser, ALM Consulting; from 1995, Managing Partner, ALM.

1997, Head of the Department for the State Register of Federal Property, Russian State Committee for State Property Management.

1998, Deputy Minister of State Property.

1998–2000, Chairman of the Russian Federal Property Fund.

2000–2003, Minister of the Russian Federation as the Government Chief of Staff.

2003, Aide to the Russian President.

2003–2004, Deputy Head of the Presidential Executive Office of the Russian Federation.

2004, Aide to the Russian President.

From 2005, sherpa for the G8.

From 2008, First Deputy Prime Minister of the Russian Federation.

On 24 May 2018 Igor Shuvalov was appointed as Chairman of Vnesheconombank.

Additional Information

Family: married with four children (two sons and two daughters).

PJSC Sberbank

Business Partner

PJSC Sberbank is Russia’s largest bank and a leading global financial institution. Holding almost

one-third of aggregate Russian banking sector assets, Sberbank is the key lender to the national

economy and one of the biggest deposit takers in Russia. The Government of the Russian

Federation represented by the Ministry of Finance of the Russian Federation is the principal

shareholder of PJSC Sberbank owning 50% plus one voting share of the bank’s authorized capital,

with the remaining 50% minus one voting share held by domestic and international investors.

It holds general banking license No. 1481 dd. August 11, 2015, from the Bank of Russia.

Herman Gref

CEO, Chairman of the Executive Board of Sberbank

Herman Gref

CEO, Chairman of the Executive Board of Sberbank

Herman O. Gref was born on February 8, 1964 in Panfilovo, Ertis District, Pavlodar Region, Kazakh SSR.

In 1990, he graduated from the Law Faculty of Omsk State University named after F. Dostoevsky majoring in Law; 1993 – postgraduate studies in the Law Department of St. Petersburg State University; 2011 – PhD in Economics Candidate of Sciences (PhD) in Economics.

In 1991-1992, he was a category 1 legal counsel to the Economic Development and Property Committee of the Administration of Petrodvorets and St. Petersburg.

In 1992, he was appointed Head of Petrodvorets District Agency, Committee for City Property Management, St. Petersburg Mayor's Office.

In 1992-1994, he was Chairman of the Property Management Committee and Deputy Head of the Administration for the town of Petrodvorets.

In 1994, he was appointed Deputy Chairman and, later, First Deputy Chairman of the Committee for City Property Management, St Petersburg Mayor’s Office.

In 1997–1998, he was Vice Governor, Chairman of the Municipal Property Committee, St. Petersburg Mayor's Office.

In 1998–2000, he served as the First Deputy Minister of State Property of the Russian Federation.

In 2000–2007, he was Minister of Economic Development and Trade of the Russian Federation.

Since November 2007, he has been the CEO and Chairman of the Executive Board of Sberbank.

Tax Compliance

Business Partner

Tax Compliance is a law firm that accompanies businesses through all stages of tax status. The TC team helps clients feel confident, keeping them on top of new changes in the stream of time. The firm provides various services in the field of taxation.

Tax Compliance is among leading law firms in the field of tax disputes and consulting according to Russian and international ratings: World Tax, Pravo-300, Best Lawyers, Kommersant, Forbes. Among TC's clients are the leaders of the Russian and global market, as well as large organizations in their sectors. Tax Compliance strives to be a reliable partner for each client, providing high quality services and individual approach.

Mikhail Begunov

Managing Partner of Tax Compliance

Mikhail Begunov

Managing Partner of Tax Compliance

Mikhail Begunov has over 23 years of successful professional experience in taxation. Before heading Tax Compliance, he was a partner in a consulting company where he supervised the tax area.

Mikhail specializes in representing clients from various business spheres. He advises companies on the application of tax legislation, as well as on building a strategy of interaction with tax authorities and forecasting industry risks. With his assistance, a significant number of tax disputes have been resolved in favor of clients at the pre-trial stage.

The Managing Partner of TC is a member of the Chamber of Tax Consultants and the Association of Lawyers of Russia. His projects have been recognized in leading legal ratings: Kommersant, Forbes, World Tax, Best Lawyers, Pravo-300. Mikhail is a speaker at tax conferences and leading business media.

Альфа банк

Business Partner

Alfa-Bank is the largest universal privately-owned bank in Russia, leading in all banking business lines for 30 years. Alfa-Bank is on the Central Bank of Russia’s list of systemically important credit institutions. Alfa-Bank operates in all segments of the banking market offering an extensive line of financial products for individuals and entities of various scale through digital channels and in our branches. Alfa-Bank is characterized by its strong franchise in lending and transactional services for businesses and individuals, and moderate diversification of its operating income. High quality corporate governance and an adequate development strategy are also strengths of Alfa-Bank.

The corporate and retail client base has grown considerably during the last several years — by the end of 1Н2024 Alfa-Bank serves about 30 million retail customers and 1.6 million small and medium businesses. Alfa-Bank operates in Russia. Alfa-Bank develops according to the phygital model, combining digital innovation with an effective physical presence network, which has 700 offices in Moscow and Russian regions, 2,500 cities with delivery of banking products.

Vladimir Verkhoshinskiy

CEO of Alfa-Bank

Vladimir Verkhoshinskiy

CEO of Alfa-Bank

Verkhoshinskiy was born on 28 August 1981 in Yakutsk.

He graduated from a secondary school in the town of Tarusa with a gold medal before going to university in Moscow, where he attended the Financial University under the Government of the Russian Federation. During his final year at university in 2002, Verkhoshinskiy began working in the banking sector, initially at Citibank (2002–2003). He then joined the McKinsey & Company consulting company, working there from 2003 to 2006 before a stint at the VR Capital asset management company from 2008 to 2009. In 2008 he continued his education in tandem, graduating with a master’s degree in business administration from Stanford University in the USA. In 2009, Vladimir Verkhoshinskiy joined VTB bank, where he was responsible for the bank’s strategy and corporate development. In 2012 he joined the Bank of Moscow, where he became Deputy President and Chairman of the Board. Since July 2018, Vladimir Verkhoshinskiy has been CEO at Alfa-Bank, where he has reformed the top-level management and improved the bank’s position in various ratings.

In 2020 and 2022, he was recognized as the best Russian CEO. In 2021, the banki.ru website named Verkhoshinsky Banker of the Year.

PJSC Inter RAO

Business Partner

PJSC Inter RAO is a diversified energy holding company active in various power-related sectors in Russia and abroad. It is Russia’s leading power producer, trader, distributor, and developer of power engineering solutions. The company is also actively pursuing new business opportunities.

Inter RAO Group owns and operates 30.8 GW of installed power generation capacity.

Sergey Dregval

CEO, PJSC Inter RAO

Sergey Dregval

CEO, PJSC Inter RAO

Education: Certified engineer specializing in Aircraft Electrification, Control and Navigation Complexes, as well as in Electric Drives and Automation of Industrial Machines and Technological Complexes.

Nationality: RUSSIAN

Positions held over the past 10 years:

2014-2020 – CEO, IDGC of Urals.

2021-2024 – Vice-Governor of St. Petersburg.

2024-Present – CEO, PJSC Inter RAO.

PJSC “MMC “Norilsk Nickel”

Business Partner

«Nornickel» is the world’s largest producer of nickel and palladium, and one of the world’s leading producers of platinum and copper. The Company produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium and sulfur.

The main Russian production units of «Nornickel» are vertically integrated and include: the Polar Division of MMC Norilsk Nickel and Kola Mining and Metallurgical Company.

Norilsk Nickel Harjavalta belonging to the Group is the only nickel refining plant in Finland.

«Nornickel» also includes Gipronickel Institute, a research and development facility located in Saint Petersburg (Russia), with branches in the cities of Norilsk and Monchegorsk.

Norilsk Nickel has its own global network of representative and sales offices in Russia, the UK, China, USA and Switzerland.

When determining the strategy for its global operations and future development, «Nornickel» is focused on compliance with all social and environmental responsibility principles in the various countries in which it operates, which is essential for ensuring sustainable and efficient business development.

Vladimir Potanin

President and Chairman of the Management Board of MMC Norilsk Nickel

Vladimir Potanin

President and Chairman of the Management Board of MMC Norilsk Nickel

Born in: 1961

Education:

Moscow State Institute of International Relations (MGIMO) in 1983 with a degree in International Economics

Experience:

1983—1990 — working for the USSR Ministry of Foreign Trade

In 1990, Mr Potanin founded the Interros Foreign Trade Association and became the head of it

In 1993, he took the post of President at UNEXIM Bank and Chairman of the Board of Directors at the International Company for Finance and Investments (MFK)

From 14 August 1996 until 17 March 1997, Mr Potanin was the First Deputy Chairman of the Russian Federation Government overseeing economics, liaising between various ministries and government agencies, and heading some twenty federal, government and interagency commissions

In May 1997, Mr Potanin became the head of UNEXIM Bank once again. In one year, on the back of business restructuring, he took the post of President at Interros Holding Company to spearhead dozens of major investment projects in metals and mining, engineering, finance, real estate development, pharmaceuticals, media, and entertainment

In December 2012, Mr Potanin became the CEO of MMC Norilsk Nickel

The Russian Union of Industrialists and Entrepreneurs (RSPP)

Business Partner

The Russian Union of Industrialists and Entrepreneurs (RSPP), established in June 1990, is a non-governmental organisation promoting the interests of Russia’s business community. The RSPP President is Alexander Shokhin.

The RSPP was set up to promote Russian business interests in Russia and abroad, to help make Russia more business friendly and attractive to investors, and to maintain the balance of interests of business, government and society.

The RSPP represents the interests of all Russian businesses, regardless of their size, sector or location. The RSPP operates in two capacities: as a non-governmental organisation, and as a national association of employers. This enables the RSPP to promote the interests of its members most effectively.

Today, the RSPP is made up of around 130 sectoral and regional associations of employers. Its members include such leading companies as: Russian Railways, TATNEFT, Severstal, RusHydro, EVRAZ, Norilsk Nickel Group, VTB Bank, Mechel, Ilim Group, Nizhnekamskneftekhim, NPO Saturn, SIBUR, RU-COM, Metalloinvest, Transmashholding, EUROCEMENT group, MegaFon, Aeroflot, FSUE Russian Post, Knauf Service, Alcoa Metallurg Rus, Lafarge Russia, and many others.

Alexander Shokhin

President of the RSPP

Alexander Shokhin

President of the RSPP

Born December 25, 1951 in the Arkhangelsk region.

In 1974 he graduated from the Faculty of Economics of Moscow State University, Doctor of Science, Economics (1989) - Professor (1991).

In 1974-1982 he worked at the Economics Institute of the State Planning Committee of the USSR.

In 1982-1987 - Head of the laboratory of the Central Economic Mathematical Institute of the USSR Academy of Sciences.

1987-1991 - USSR Ministry of Foreign Affairs, Assistant Minister for Economic Affairs, Head of the Department of International Economic Relations.

In 1991-1994 - Deputy Prime Minister of the Russian Federation.

In 1998 - Deputy Chairman of the Government of the Russian Federation for financial and economic issues.

In 1994-2002 - Deputy of the State Duma of three convocations.

From 1995 until now – President of the National Research University Higher School of Economics (NRU HSE).

From 2002 to 2005 – Chairman of the Supervisory Board of IG Renaissance Capital.

From 2005 to 2009 – Member of the Public Chamber of the Russian Federation.

Since 2005 – President of the RSPP.

Pepeliaev Group

Business Partner

Pepeliaev Group is a leading Russian law firm offering the full range of legal services in all regions of Russia, in most former Soviet countries and abroad. Over 160 lawyers in Moscow, St Petersburg, Krasnoyarsk, Vladivostok, Nizhnekamsk, Dubai provide legal assistance to over 2,000 companies operating in various industries.

Our firm has specialised practice groups:

• Chinese Desk - to provide legal services to Chinese companies in Russia and Russian investors doing business in China;

• Middle East Desk with an office in Dubai - to provide services relating to tax structuring in countries of the Persian Gulf, tax consulting and compliance, liaising with tax authorities, as well as ancillary services;

• Korean Desk - to provide legal services to Korean companies in Russia and Russian investors doing business in Korea.

The consummate professionalism of Pepeliaev Group’s team is confirmed every year by our prominent positions in the leading independent international ratings, such as Chambers and Partners, The Legal 500, IFLR 1000, World Tax and TP, “Pravo.ru – 300”, etc.

Sergey Pepeliaev

Managing Partner, PhD in Law Pepeliaev Group

Sergey Pepeliaev

Managing Partner, PhD in Law Pepeliaev Group

JSC Russian Agricultural Bank

Business Partner

Russian Agricultural Bank is the core bank of the national credit and financial system for servicing agribusiness in Russia. Established in 2000, the Bank today is the leader in domestic agribusiness financing. It is among the top-tier and most stable financial institutions in the country in terms of assets and capital, as well as one of the leaders in the reliability rating of the largest Russian banks.

Boris Listov

Boris Listov

INSIGHT Capital

Business Partner

INSIGHT Capital Management Company

Professional management based on principles of trust, reliability, and profitability.

The primary focus of INSIGHT Capital Management Company is the creation and trust management of closed mutual investment funds and the management of compensation funds for self-regulatory organizations (SROs). The key advantages of closed mutual investment funds include confidentiality, asset protection, and no profit tax.

Our team of experts, with extensive experience in financial markets, provides comprehensive support to clients at every stage of fund creation, catering to all individual requirements — from strategy selection to the full formation of the mutual investment fund.

The operations are supervised by the Central Bank of Russia, the self-regulatory organization (SRO) of financial market participants, and a specialized depositary.