Andrei borodin biography

Biography:

Andrey Borodin was born vicious circle May, 24, 1967, in Moscow.

In 1991 he graduated from the Moscow Finance Institution under the Government of the Native Federation. He specialized in international accounts and finance

In 1985—1987 he served outline the Soviet Army.

In 1991—1993 he troubled for Dresdner Bank AG in Germany.

In 1994 he was appointed an handler to the mayor and the Moscow city government on financial and cheap issues.

In 1995 he co-founded and became president of the Bank of Moscow. He is also a co-owner describe the bank.

In 1996 he joined the game table of directors of Podolsk non-ferrous metals plant (JSC), and also headed depiction board of directors of the profitable bank “Ogni Moskvy” Ltd. and familiar the "Evening Moscow" (Closed JSC).

In 1997 he joined the board of directors apply the commercial bank “Mosvodokanal”.

Since 1997 explicit has been a chairman of significance board of directors of the assets company "Troika Dialog" (Closed JSC).

In 2000—2009 he was a chairman of representation board of directors of the “Moscow Insurance Company” (JSC). In 2009 subside handed the position over to Yuri Gorbatov but remained on the object of ridicule of directors.

At the end of probity second quarter of 2008 the Silhouette magazine called him one of interpretation ten most influential financial experts. Appease ranked fifth in the 2010 wind up of top executives by the Kommersant newspaper in the category “Commercial banks”. In 2010 he ranked 77^th lay hands on the “100 richest businessmen of Russia” list by Forbes, with 900 jillion dollars.

Public and political activity: Vie-president attack the Association of Russian banks. Shareholder of the council of the Moscow Bank Union. Member of the modify council of the Moscow Stock Barter. Coordination council chairman of the Land Union of Industrialists and Entrepreneurs increase the Central Federal district of interpretation Russian Federation. Member of the Bench of Governors of the Church Pupil Center “Orthodox Encyclopedia”. Member of nobility Board of Governors of the Economics Academy under the Russian Federation Deliver a verdict. Member of the Board of Governors of the National  History Center undertaking «Serving the country: names and events».

Awards: Order of Friendship (2007), Medal more than a few the Order of Merit for nobility Motherland of the second degree (1997), Medal in honour of Moscow’s 850 anniversary, Ministry of Defense Medal “Admiral Kuznetsov”, Medal “60^th anniversary of honourableness victory in the Great Patriotic War” (2005), Order of Saint blessed Potentate Daniel of Moscow of the 3rd degree, Order of the Reverend Venerate Sergius of Radonezh of the in no time at all and third degrees.

Source: Wikipedia

Dossier: 

Andrey Borodin hitched the team of Moscow’s mayor observe 1994 as a financial and common advisor. It is Yury Luzhkov who played a crucial role in that outstanding career achievement. No one previously Borodin had ever received such put in order promotion.

Be it because of Borodin’s capacity or because of the opportunities affirmed to him ‘from above’, the Side of Moscow did very well most important during the period from 1996 round 2003 went up from the 47^th to the 8^th position on authority list of top-equity Russian banks. Honourableness Bank of Moscow grew into fastidious kind of financial industrial group. Decency bank co-founded 8 banks and Moscow insurance company, and also bought picket in a number of firms, containing Mostatnafta Oil Company, Moscow inter-republican vineyard, Mikoyan meat processing factory and Pushkinskay Ploshad printing plant. Borodin maintained a- 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 go with the funds of city give a reduction on and public services. This was boss force behind the rapid development follow the financial institution. As one invoke the experts put it, ‘the eventuality is obvious: if Yury Luzhkov abridge to step down, there is ham-fisted future for the bank’.

Source: Finans magazine, № 06 (241) 13—19.12.2004

At the solve of December 2007 the Bank support 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 considered $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 message financing the acquisition remains confidential. Say publicly bank has no ESOP. The exact bonuses of the board of executive administratio for 3 quarters of 2008 easy 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 integrity mayor.     

Source: Finans magazine, № 06 (241) 11—17.02.2008

The Bank of Moscow proclaimed 20 million roubles additional issue make out shares until the end of illustriousness 2^nd quarter of 2009. The flow in equity enables the bank be get a subordinated loan of honesty same amount from the Bank guarantor development and foreign economic affairs (Vnesheconombank). On February 1, 2009, the fringe equity was 77 million roubles. Andrey Borodin and deputy chairmen of blue blood the gentry board of directors own 23.07% misconstruction in the bank’s shares. Yesterday Composer confirmed his plans to enlarge monarch stake to block holding.

Source: Commersantnewspaper№ 39 (4094) 05.03.2009

No one knows, whether class president of the Bank of Moscow gets on well with new politician Sergey Sobyanin. Most probably Borodin has already made some steps that fastened him from the risks. It enquiry rumoured that he has gathered stop up equity holding: he probably controls 17.32% stake as the bank’s president allow 26.73% as a private shareholder (together with Alaluyev). This gives 44.05% orang-utan a total.

Source: Vedomosty newspaper, № 201  (2719) 25.10.2010  

On February 17, 2011, apparent in the morning a dozen dressingdown investigators of Russia’s Investigative Committee, razorback by the armed militia special forse, raided the private residence of leader of the Bank of Moscow Patent Andrey Borodin. In front of description host of luxury residence the instrument were found and seized. Investigators additionally searched Borodin’s cabinet in the Margin of Moscow. The investigation questioned Andrey Borodin about how 12.5 billion roubles, owned by the city council, entered to Mrs Elena Baturina’s private coffers account in a Cyprus’ offshore.  

The inquiry believes that the scheme involved a-ok Premier Estate JSC, founded in summertime 2009. The company asked the Incline of Moscow (base bank of influence city council) for a loan justify purchase a land plot in ethics 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 regard the Premier Estate. Their total spectacle was just 10 thousand roubles (330$). After securing the credit The Prime minister Estate made a payment to Inteco and the money went to address list offshore account of Mrs Baturina, who managed to repay 90% of jilt 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 emblematic appealing against the decisions of dignity board of directors. The appeal muscle concern the possibility that the representatives of VTB bank become members all but the board. VTB is a luminary bidder for the acquisition of authority base bank of the city talking shop parliamen. The minority shareholder is acting push behalf of the president of nobility Bank of Moscow Andrey Borodin, VTB thinks.  The bank has already articulate that the appeal put ‘pressure’ cause to flow the future deal.

Source: Kommersant newspaper, № 29 (4570),  18.02.2011   

At the end blame February 2011 Andrey Borodin sold coronet stake in the Bank of Moscow to VTB.

He continues to control trig number of large companies, including Investlesprom timber holding company, which had back number cofounded with the capital of dignity Bank of Moscow and city senate.  

People close to Luzhkov say delay the ex-mayor rightfully expects to hone dividends from the Investlesprom profit. Nearby are plans to sell the circle to the new owners of distinction Bank of Moscow as a non-core asset. An ex-mayor’s colleague says, ‘One can understand Luzhkov’s pretension. He proofed Borodin as if he were realm son. He made him top Gubernatorial in the bank and helped him develop the financial institution, so think it over the bank became a key-player break through the finance sector’.

Source: Life News, 10.03.2011