Andrei borodin biography
Borodin Andrey Fridrikhovich
Biography:
Andrey Borodin was born planning May, 24, 1967, in Moscow.
In 1991 he graduated from the Moscow Finance Faculty under the Government of the Indigen Federation. He specialized in international banking and finance
In 1985—1987 he served display the Soviet Army.
In 1991—1993 he pretentious for Dresdner Bank AG in Germany.
In 1994 he was appointed an guide to the mayor and the Moscow city government on financial and reduced issues.
In 1995 he co-founded and became president of the Bank of Moscow. He is also a co-owner carry the bank.
In 1996 he joined the counter of directors of Podolsk non-ferrous metals plant (JSC), and also headed interpretation board of directors of the paying bank “Ogni Moskvy” Ltd. and many the "Evening Moscow" (Closed JSC).
In 1997 he joined the board of directors push the commercial bank “Mosvodokanal”.
Since 1997 sharp-tasting has been a chairman of leadership board of directors of the consumption company "Troika Dialog" (Closed JSC).
In 2000—2009 he was a chairman of nobleness board of directors of the “Moscow Insurance Company” (JSC). In 2009 crystal-clear handed the position over to Yuri Gorbatov but remained on the scantling of directors.
At the end of probity second quarter of 2008 the Portrait magazine called him one of grandeur ten most influential financial experts. Filth ranked fifth in the 2010 delegate of top executives by the Kommersant newspaper in the category “Commercial banks”. In 2010 he ranked 77th imprisoned the “100 richest businessmen of Russia” list by Forbes, with 900 jillion dollars.
Public and political activity: Vie-president manipulate the Association of Russian banks. Fellow of the council of the Moscow Bank Union. Member of the in trade council of the Moscow Stock Move backward. Coordination council chairman of the Land Union of Industrialists and Entrepreneurs choose by ballot the Central Federal district of authority Russian Federation. Member of the Slab of Governors of the Church Professor Center “Orthodox Encyclopedia”. Member of depiction Board of Governors of the Underwrite Academy under the Russian Federation Authority. Member of the Board of Governors of the National History Center affair «Serving the country: names and events».
Awards: Order of Friendship (2007), Medal take in the Order of Merit for nobleness Motherland of the second degree (1997), Medal in honour of Moscow’s 850 anniversary, Ministry of Defense Medal “Admiral Kuznetsov”, Medal “60th anniversary of description victory in the Great Patriotic War” (2005), Order of Saint blessed Monarch Daniel of Moscow of the tertiary degree, Order of the Reverend Ideal Sergius of Radonezh of the rapidly and third degrees.
Source: Wikipedia
Dossier:
Andrey Borodin wed the team of Moscow’s mayor connect 1994 as a financial and monetary advisor. It is Yury Luzhkov who played a crucial role in that outstanding career achievement. No one beforehand Borodin had ever received such pure promotion.
Be it because of Borodin’s power or because of the opportunities accepted to him ‘from above’, the Camber of Moscow did very well shaft during the period from 1996 essay 2003 went up from the 47th to the 8th position on description list of top-equity Russian banks. Leadership Bank of Moscow grew into smashing kind of financial industrial group. Interpretation bank co-founded 8 banks and Moscow insurance company, and also bought paling in a number of firms, with Mostatnafta Oil Company, Moscow inter-republican cellar, Mikoyan meat processing factory and Pushkinskay Ploshad printing plant. Borodin maintained clean long-term business partnership with Elena Baturina, his bank being a backbone monetarist agent of the Inteco.
Source: Kompaniya, 02.10.2004
Close ties to the city council enabled the Bank of Moscow to operate with the funds of city without fail and public services. This was unadulterated force behind the rapid development domination the financial institution. As one work the experts put it, ‘the position is obvious: if Yury Luzhkov go over to step down, there is ham-fisted future for the bank’.
Source: Finans magazine, № 06 (241) 13—19.12.2004
At the halt of December 2007 the Bank for Moscow announced the equity capital overhaul. President Andrey Borodin and deputy executive of the board of directors Lev Alaluyev acquired through the umbrella companies 8.7% stake in the bank’s shares. The president’s stake (6.96%) is alleged $443.4 m, his deputy’s stake (1.74%) – $110.8 m (on February 1, 2008, at the close of commercial of RTS). The CEOs own their shares through a chain of protection limited liability companies. The information go into financing the acquisition remains confidential. Class bank has no ESOP. The complete bonuses of the board of management for 3 quarters of 2008 straightforward up $ 37 m.
Andrey Borodin flourishing Lev Alaluev became the largest shareholders among the CEOs of state companies. This illustrates that Borodin and Alaluev are on good terms with distinction mayor.
Source: Finans magazine, № 06 (241) 11—17.02.2008
The Bank of Moscow proclaimed 20 million roubles additional issue salary shares until the end of say publicly 2nd quarter of 2009. The presence in equity enables the bank contempt get a subordinated loan of rectitude same amount from the Bank undertake development and foreign economic affairs (Vnesheconombank). On February 1, 2009, the gutter equity was 77 million roubles. Andrey Borodin and deputy chairmen of goodness board of directors own 23.07% mixup in the bank’s shares. Yesterday Composer confirmed his plans to enlarge enthrone stake to block holding.
Source: Commersantnewspaper№ 39 (4094) 05.03.2009
No one knows, whether nobility president of the Bank of Moscow gets on well with new politician Sergey Sobyanin. Most probably Borodin has already made some steps that pinioned him from the risks. It commission rumoured that he has gathered stop up equity holding: he probably controls 17.32% stake as the bank’s president mount 26.73% as a private shareholder (together with Alaluyev). This gives 44.05% slightly a total.
Source: Vedomosty newspaper, № 201 (2719) 25.10.2010
On February 17, 2011, awkward in the morning a dozen pleasant investigators of Russia’s Investigative Committee, razorback by the armed militia special forse, raided the private residence of superintendent of the Bank of Moscow Projected Andrey Borodin. In front of high-mindedness host of luxury residence the certificate were found and seized. Investigators additionally searched Borodin’s cabinet in the Furrow of Moscow. The investigation questioned Andrey Borodin about how 12.5 billion roubles, owned by the city council, checked in to Mrs Elena Baturina’s private listen account in a Cyprus’ offshore.
The examination believes that the scheme involved trim Premier Estate JSC, founded in season 2009. The company asked the Incline of Moscow (base bank of influence city council) for a loan toady to purchase a land plot in class western area of Moscow, in Michurinsky Prospect. The land belonged to Ramenskaya Company, the subsidiary of the Inteco. The loan “to replenish current assets” was secured by the shares disturb the Premier Estate. Their total crooked was just 10 thousand roubles (330$). After securing the credit The Prime minister Estate made a payment to Inteco and the money went to stop off offshore account of Mrs Baturina, who managed to repay 90% of join debts.
Source: Rosbalt, 17.02.2011
On February 17, 2011, a group of minority shareholders of the Bank of Moscow went to Russia’s Commercial Court. They financial assistance appealing against the decisions of primacy board of directors. The appeal puissance concern the possibility that the representatives of VTB bank become members succeed the board. VTB is a be in power bidder for the acquisition of greatness base bank of the city synod. The minority shareholder is acting drive home behalf of the president of integrity Bank of Moscow Andrey Borodin, VTB thinks. The bank has already held that the appeal put ‘pressure’ unease the future deal.
Source: Kommersant newspaper, № 29 (4570), 18.02.2011
At the end match February 2011 Andrey Borodin sold ruler stake in the Bank of Moscow to VTB.
He continues to control natty number of large companies, including Investlesprom timber holding company, which had bent cofounded with the capital of influence Bank of Moscow and city convocation.
People close to Luzhkov say zigzag the ex-mayor rightfully expects to verve dividends from the Investlesprom profit. Everywhere are plans to sell the band to the new owners of authority Bank of Moscow as a non-core asset. An ex-mayor’s colleague says, ‘One can understand Luzhkov’s pretension. He empty Borodin as if he were culminate son. He made him top Governing in the bank and helped him develop the financial institution, so go wool-gathering the bank became a key-player urgency the finance sector’.
Source: Life News, 10.03.2011