Programme

Over the past decade, investors the world over have come to realize that environmental, social, and governance (ESG) factors can serve as reliable indicators of a company’s ability to achieve sustainable long-term growth and investor returns. Over 80% of the world’s largest corporations already report based on GRI or UN PRI metrics, but this trend is only beginning to gain traction in Russia. The ranks of ESG-conscious investors are growing, yet they are obliged to close positions in some of Russia’s best companies as these companies fail to meet ESG standards or cannot provide reliable data on their ESG metrics. Funds focusing on ESG portfolio screening have more than USD 30 trillion under management, so companies across industries can no longer ignore ESG. The Russian government is responding and state-owned companies will now be required to start disclosing non-financial ESG data as of 2020, with this requirement kicking in for all publicly-traded companies in 2021. Can Russia catch up and ultimately win the ESG race? Will ESG reporting help reverse the Russia discount trend for stocks? Who will set the benchmark for ESG in Russia?

Moderator
Tom Blackwell, Chief Executive Officer, EM

Tom Blackwell

Chief Executive Officer, EM

Tom Blackwell is the CEO and co-founder of EM, an investor relations and strategic communications consultancy focused on Russia and other emerging markets, with offices in New York, London, Moscow, Hong Kong and Beijing. EM was created following the successful MBO and carve out from M: Communications, where he worked as the head of the UK agency's operations in Russia and CIS. Prior to joining M: Communications, Tom worked for The PBN Company, where he was Managing Director of the firm's Moscow office and led its financial communications practice. Blackwell served as adviser on dozens of IPOs and secondary listings on London and Moscow stock exchanges as well as on a number of high-profile international M&A deals. He is also a well-known expert in crisis communications and special situations in emerging markets. He has lived and worked in Moscow for 15 years and is fluent Russian

Panellists
Remy Briand, Head of ESG, MSCI
Andrey Bugrov, Senior Vice President, Deputy Chairman of the Board of Directors, MMC Norilsk Nickel; Vice President, Interros Holding Company CJSC
Anna Vasilenko, Managing Director for Key Clients and Issuer Relations, Moscow Exchange
Oleg Goshchansky, Chairman, Managing Partner, KPMG in Russia and the CIS
Pavel Grachev, Chief Executive Officer, Polyus
Dmitry Konov, Chairman of the Management Board, SIBUR Holding
Evgeniy Novitskiy, First Deputy General Director, PhosAgro
Jean Raby, Chief Executive Officer, Natixis Investment Managers
Dmitriy Sedov, Chairman, Goldman Sachs Russia
Alexander Shevelyov, Chief Executive Officer, Severstal Management
Alexei Yakovitsky, Global Chief Executive Officer, VTB Capital

Andrey Bugrov

Senior Vice President, Deputy Chairman of the Board of Directors, MMC Norilsk Nickel; Vice President, Interros Holding Company CJSC

Andrei Bougrov is a Deputy CEO, 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.

Oleg Goshchansky

Chairman, Managing Partner, KPMG in Russia and the CIS

Chairman and Managing Partner, KPMG in Russia and the CIS, Member of the KPMG Global Board and the Board of KPMG in Europe, the Middle East and Africa
Oleg joined KPMG in Moscow in 1997. Since 1 October 2012, Oleg acts as Chairman and Managing Partner of KPMG in Russia and the CIS. Prior to this appointment, Oleg was CIS Head of Audit. Under Oleg KPMG's Audit practice became the biggest in the Russian market. Oleg is as a member of KPMG's Global Board and Global Council, as well as of the Board of KPMG in Europe, the Middle East and Africa.
Oleg has extensive experience with companies in various sectors of the economy. He has actively assisted in a number of IPOs by large Russian groups on international and Russian stock exchanges, in major mergers and acquisitions, as well as complex restructuring cases.
Oleg is a member of the Board of Russian Union of Industrialists and Entrepreneurs (RSPP), of the U.S.-Russia Business Council Board and as well as a Supervisory Board Member of The National Coordination Council for Development of Economic Relations with the Asia-Pacific Region.

Pavel Grachev

Chief Executive Officer, Polyus

Dmitry Konov

Chairman of the Management Board, SIBUR Holding

Year of birth: 1970
1994: Graduated from the Moscow State Institute of International Relations (MGIMO) with a degree in International Economic Relations.
2001: Received an IMD MBA degree.
2004–2009: Various positions at OAO AK SIBUR, including Advisor to the President, Vice President for Corporate Policy and Strategy, Senior Vice President for Corporate Policy and Strategy, President, member of the Board of Directors.
2005–2012: Chairman of the Board of Directors of OAO SIBUR Russian Tyres.
2006–2011: President of the Management Company OOO SIBUR.
2007–2010: Member of the Board of Directors of OAO Polief.
2007–2010: Chairman of the Board of Directors of ZAO Sibur-Trans.
Since 2007: Chairman of the Group’s Management Board.
Since 2007: Chairman of the Board of Directors of OOO RusVinyl.
Since 2008: Chairman of the Board of Directors of OOO SNHK.
2008–2011:Chairman of the Board of Directors of OAO Sibur-Fertilizers.
Since 2009: Chairman of the Management Board of the Management Company OOO SIBUR.
2010–2013: Member of the Board of Directors of OOO Tobolsk-Polymer.
Since 2014: Chairman of the Board of Directors of OAO Stroytransgaz .
Since 2014: Member of the Board of Directors of OOO STGM, ZAO STGM.
2011 - 2016: General Director of the Management Company OOO SIBUR.
Since 2016: Chairman of the Management Board of OOO SIBUR.
Mr. Konov served in the Treasury Department of OAO NK YUKOS, held various positions at AKB Trust and Investment Bank, including Vice President – Head of the Investment Banking Department and Managing Director of Corporate Finance Department, was a member of the Board of Directors of OAO Gazprom neftekhim Salavat and OAO Gazprombank.

Evgeniy Novitskiy

First Deputy General Director, PhosAgro

Jean Raby

Chief Executive Officer, Natixis Investment Managers

Jean Raby is CEO of Natixis Investment Managers and a member of the senior management committee of Natixis.
He joined Natixis in 2017 and leads the firm’s asset and wealth management businesses.
Before joining Natixis, Mr. Raby served as chief financial officer of SFR (2016), an integrated media/telecom operator in
France. Prior to that he served as executive vice president and chief financial and legal officer for Alcatel-Lucent, the
global telecom equipment manufacturer (2013–2016). He previously worked in Goldman Sachs' investment banking
division for 16 years (1996–2012), where he rose to become a partner of the firm in 2004 and CEO of the division for
France, Belgium and Luxembourg and head of the firm's Paris office in 2006 before becoming co-CEO of Goldman Sachs
in Russia in 2011. He began his career in 1989 as a corporate lawyer with Sullivan & Cromwell in New York and Paris.
Mr Raby, a dual Canadian and French citizen, earned a Bachelor of Laws degree (LLB) from Université Laval in Canada,
a master's degree in international relations (MPhil) from the University of Cambridge in the UK, and a Master of Laws
degree (LLM) from Harvard Law School in the US. He is a member of the New York Bar.
Jean Raby sits on the board of SNC Lavalin, the Canadian engineering group, and on the board of Université Laval
(Canada).

Dmitriy Sedov

Chairman, Goldman Sachs Russia

Dmitri is co-head of the firm's Moscow office, co-head of the Russia/CIS business in the Investment Banking Division (IBD) and oversees M&A for Russia/CIS. He is also a member of the Russia Executive Leadership Group. Dmitri joined Goldman Sachs in 2007 as an executive director in the IBD Russia/CIS team in Moscow, focusing on Technology, Media and Telecom, Infrastructure, Industrials and Healthcare clients in the region. He was named managing director in 2010.
Prior to joining the firm, Dmitri worked in the Investment Banking Division of Lehman Brothers International in London, where he focused on telecom clients in EMEA. Earlier in his career, he worked in investment banking at Donaldson, Lufkin & Jenrette in London, in investment banking and equity research at CA IB Investment Bank AG in Moscow, and in the management consulting department of PwC in Moscow.
Dmitri earned a degree in telecommunication engineering from Moscow Technical University of Telecommunications in 1994 and an MBA from Duke University in 2001.

Alexander Shevelyov

Chief Executive Officer, Severstal Management

Born in 1974. Alexander started his career at Cherepovets Steel Mill as a repairman in repair-tool shop in 1997. Later he worked as a shift foreman, lead economist and deputy head of strategic planning department, head of production development department in OAO “Cherepovets Steel Mill”. From 2002 to 2004 he worked as Technical Support Director of OAO “Cherepovets Steel Mill”. In 2012 Alexander Shevelev became executive director of OAO “Cherepovets Steel Mill” (currently Cherepovets mill “Severstal-metiz”). From 1 July 2012 he was appointed First Deputy Mayor of Cherepovets, in June 2013 – Deputy Governor of the Vologda region. From 2013 to 2016 he was CEO OAO “Severstal-metiz”. From April 2016 to December 2016 he has been CEO of SVEZA Group. In December 2016 Alexander was appointed CEO of AO Severstal Management.
Alexander Shevelev graduated from the Vologda National Economic Academy with a degree in Mechanical Engineering and from the National Technical University in St. Petersburg where he mastered economics and management. Alexander also holds an MBA degree from the Northumbria Business School, Newcastle, UK.

Alexei Yakovitsky

Global Chief Executive Officer, VTB Capital

Alexei Yakovitsky, one of the pioneers of VTB Capital, has been working at the company since its early days in 2008. He is responsible for the strategic and operational development of VTB Capital holding companies. Alexei moved to VTB Capital from Deutsche Bank, where he worked as Head of Research for Russia and the CIS. Prior to that, he was co-Head and then Head of Research at leading Russian investment bank United Financial Group (UFG), which was acquired by Deutsche Bank in 2006. Alexei had joined UFG in 2000 as a telecommunications analyst, after a stint as the Moscow Telecommunications and IT correspondent with Bridge News. Institutional Investor rated Alexei one of the top three Russian telecom analysts four years in a row (2004-08), while in 2007 the organisers of the Financial Olympus named Alexei the best analyst on the Russian market. The telecoms team headed by Alexei took first place in EMEA emerging markets in Extel’s 2005, 2006 and 2007 surveys. Alexei holds an MA in Political Science from the Nelson A. Rockefeller College of Public Affairs and Policy in the U.S. and a PhD in History from Moscow State University.