Business programme

The financial market was the first to suffer the blow of anti-Russia sanctions. The ban on provision of financial services abroad for major Russian banks, the freeze on their overseas assets, disconnection from SWIFT, the removal of bank apps from Google Play and App Store, the pullout of major payment systems from Russia, the prohibition on imports of euro and US dollar bank notes to Russia - all of that has seriously tested the resilience and flexibility of the Russian financial system. The current situation is forcing Russian companies to overhaul their business models and look for alternative sources of investment. Meeting the new needs of businesses is a big challenge for the financial system. How will the Russian financial system develop under new conditions? Can limitations on capital flows be abandoned? What kind of support does business await from banks and the government? How can we stimulate investment in the Russian economy? How will the fintech market develop?

Moderator
Alexander Vedyakhin, First Deputy Chairman of the Executive Board, Sberbank

Alexander Vedyakhin

First Deputy Chairman of the Executive Board, Sberbank

Graduate degree (with honors) in Economics and Global Economy from Volgograd State Technical University
Candidate of Economic Sciences (PhD)
Between 1999 and 2008, Alexander Vedyakhin worked in a Volgograd branch of Sberbank of Russia, where he advanced from senior cashier-controller to deputy branch manager
2008-2012 – First Deputy Chairman of the Executive Board of Sberbank in Ukraine
In 2012-2015, Alexander Vedyakhin was a member of the Executive Board and Chief Risk Officer (CRO) in Sberbank-owned DenizBank (Turkey)
In 2015-2018, he held the position of Senior Vice President of Sberbank, CRO of Sberbank Group
Since June 2018 — member of the Executive Board, First Deputy Chairman of the Executive Board, responsible for Retail Business, Corporate and Investment Business, Wealth Management (Insurance), Sales Network, Problem Assets
Besides core business, Mr Vedyakhin supervises and coordinates the work of Sberbank’s AI Lab, various data science units, and a number of other innovation-related activities

Panellists
Ilya Torosov, First Deputy Minister of Economic Development of the Russian Federation
Sergey Khotimskiy, First Deputy Chairman of the Management Board, Sovcombank
Vladimir Chistyukhin, First Deputy Governor, The Central Bank of the Russian Federation (Bank of Russia)
Igor Shuvalov, Chairman, VEB.RF

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.

Sergey Khotimskiy

First Deputy Chairman of the Management Board, Sovcombank

In 1999 he graduated the International University of Moscow (MUM) with a degree in law. Sergey Hotimsky started in the banking business in 2001 by co-acquiring Buicombank, one of the smallest banks in the town of Bui, Kostroma Oblast, later renamed Sovcombank. Currently, Sergei Hotimsky and his brother Dmitriy own more than 35% of the Bank’s shares, and he personally participates in the operational management of the credit organization, holding the office of the First Deputy Chairman of the Board.

Vladimir Chistyukhin

First Deputy Governor, The Central Bank of the Russian Federation (Bank of Russia)

Professional Experience:

1995–1996 – economist of the 2nd category, economist of the 1st category, leading economist with the Foreign Exchange Regulation Division of the Main Division for Foreign Exchange Regulation and Foreign Exchange Control Department of the Bank of Russia.
1996–1997 – leading economist of the Foreign Exchange Regulation Division, chief economist of the Foreign Exchange Control of Capital Operations Division of the Bank of Russia Foreign Exchange Regulation and Foreign Exchange Control Department.
1997–1999 – Deputy Head of the Foreign Exchange Control of Capital Operations Division – Section Head of the Foreign Exchange Regulation and Control Department of the Bank of Russia.
1999–2000 – Head of the Foreign Exchange Operations Analysis Division of the Foreign Exchange Regulation Department of the Bank of Russia.
2000–2002 – Deputy Director of Foreign Exchange Regulation Department of the Bank of Russia
2002–2004 – Deputy Director of Foreign Exchange Regulation and Control Department of the Bank of Russia.
2004–2011 – Deputy Director of Banking Regulation and Supervision Department of the Bank of Russia.
2011–2013 – Director of the Financial Stability Department of the Bank of Russia.
Since September 2013 to 2 March 2014 – First Deputy Head of the Financial Markets Service of the Bank of Russia.
Since 28 February 2014 – Deputy Governor of the Bank of Russia.
Since 17 January 2022: First Deputy Governor of the Bank of Russia.
Member of the Bank of Russia Board of Directors (since 10 October 2018).

Education:

In 1995, graduated from the Department of Law of the Lomonosov Moscow State University, major in law.

Igor Shuvalov

Chairman, VEB.RF

Born on 4 January 1967 in Bilibino, Magadan Region.

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.