State Development Corporation VEB.RF operates under the federal law on the development bank.
The primary objective of the national development institution is to contribute to long-term economic growth. In partnership with commercial banks, VEB.RF provides financing for large-scale projects to develop the country’s infrastructure, industrial production and social sphere, strengthen its technological potential and improve the quality of life.
The highest governing body of VEB.RF is the Supervisory Board chaired by the Russian Prime Minister.
In accordance with the Memorandum on Financial Policies, VEB.RF is involved in national projects aimed at implementing the May presidential decree. The operating principles include activities without competition with commercial banks, transparency and break-even performance in project financing.
As resolved by the Russian Government, VEB.RF coordinates development institutions’ activities ensuring the country’s long-term socio-economic development.
- Supervisory Board
- Management Board
- Deputy Chairman
1993, Lomonosov Moscow State University, Degree: Lawyer; Major in Jurisprudence.
1984–1985, lab technician, Ekos Research Institute. 1985–1987, compulsory military service in the Soviet Army.
1993, Attache, Legal Department, Russian Ministry of Foreign Affairs.
1993–1995, Senior Legal Adviser of ALM Consulting, since 1995 — Director of ALM.
1997, Head of Department for State Register of Federal Property, Russian State Committee for National Property Management.
1998, Deputy Minister of National Property.
1998–2000, Chairman of Russian Federal Property Fund.
2000–2003, Chief of Staff of Russian Government Apparatus — Minister of the Russian Federation.
2003, Aide to Russian President.
2003–2004, Deputy Chief of Staff of Russian President’s Office.
2004, Aide to Russian President.
Since 2005, a sherpa in G8.
Since 2008, First Deputy Chairman of the Russian Government.
On 24 May 2018 Igor Shuvalov was appointed as Chairman of Vnesheconombank.
Civil status: married. Four children: Two sons and two daughters.
Born on 8 August 1966 in Krasnogorsk, Moscow Region.
Moscow State Institute of International Relations under the auspices of the Ministry of Foreign Affairs of the USSR, 1988; Major in Global Economic Relations
1990–1996, Probusiness Foreign Economic Centre and Probusiness Holding, Vice President;
1997–2002, Probusinessbank, Senior Vice President, Deputy Chairman of the Management Board;
2002–2004, Bank for Foreign Trade (Vneshtorgbank), Vice President;
2005–2008, Russian Commercial Bank (Cyprus) Ltd., Executive Managing Director;
2008–2011, VTB Bank, First Deputy President — Chairman of the Management Board;
2011–2015, Bank of Moscow, President and Chairman of the Management Board;
2015–2018, Russian Capital Bank, Chairman of the Management Board;
2018, Russian Capital Bank, Chairman of the Board of Directors;
Since June 2018, Vnesheconombank Deputy Chairman — Member of the Management Board.
Actively engages in social work. Chairman of Business Council for
Second Class Medal of the Order «For Merit to the Fatherland» (2018).
Saint Petersburg State University of Engineering and Economics; Major in Management, Major in Economics and Management in Machine Building Industry.
Ph. D. in Economics
1995 — Ernst & Young, St. Petersburg Branch; Ernst & Young, London Headquarters.
1998–2016 — Chief Accountant, Brunswick Warburg Cyprus Ltd. Representative Office; Head of Finance Department, Renaissance Capital Group of Companies;
From 2016 — First Deputy Chairman of Vnesheconombank — Member of the Management Board.
In 1998 graduated from the Moscow Finance Institute, Department of Credit and Economics.
In 1998 graduated from the postgraduate school of the Plekhanov Academy of Economics.
Ph. D in Economics.
In 1988–1990 — Central Office of Russia’s Savings Bank.
In 1990–1999 — Chief Accountant, Finance Director of the Foreign Economic Company Avtoimport.
In 2000–2003 — Chief Accountant of OJSC «Aeroflot — Russian Airlines».
In 2003–2009 — Deputy Director General of OJSC «Aeroflot — Russian Airlines».
In 2009–2011 — Director of Department for Infrastructure, Vnesheconombank.
From July 2011 — Deputy Chairman of State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’.
From July 2012 — Management Board Member, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ — Deputy Chairman, Vnesheconombank.
From October 2012 — Management Board Member, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ — First Deputy Chairman, Vnesheconombank.
Mr. Poluboyarinov was awarded the title of the Honored Economist of Russia and a Certificate of Merit was confirred on him by the Russian Ministry of Transport.
In 1981 graduated from the Economic Department of the Moscow Lomonosov State University, specialty — economist, lecturer of political economics, candidate of economic science.
In 1981–1991 worked at the Political Economics Department of the Moscow Lomonosov State University.
In 1991–1998 worked at the Institute of National Economic Forecasting, the Russian Academy of Sciences (lead researcher, head of laboratory).
In 1998–1999 — Director of the Research Department of the Russian Central Bank.
In 1999–2004 — Executive Director of the Economic Research Foundation Development Center.
In 2004–2008 — Head of the Macro Economic Forecasting Department of the Russian Economic Development and Trade Ministry.
From February of 2008 to July of 2014 — Russian Economic Development Deputy Minister.
From July 2014 — Vnesheconombank Deputy Chairman (Chief Economist) — Member of the Board.
In 2007 was awarded a title of Honored Economist for improving the Russian financial system, forming and developing its institutions.
In 2011 was awarded the Order of Merit for his many years of exceptional work and active publicactivities.
In 1975, graduated with honors the Moscow Finance Institute, specialty — «International Economic Relations».
In 1988, he was awarded the degree of Ph.D. in Economics.
1975–1976 — economist, senior economist, Gosbank of the USSR Directorate.
1976–1978 — served in the USSR Armed Forces.
1978–1991 — lead consultant, chief expert, department head, deputy head, Gosbank of the USSR Directorate.
1981–1982 — employee,
1991–1994 — Fist Deputy Director General, First Deputy Board Chairman — Board member, Commercial Bank «Eurofinance».
1996–2005 — Deputy Board Chairman — Board member, Senior Vice President — Board member, «Eurofinance Mosnarbank».
2005–2007 — Vnesheconombank of the USSR, Deputy Chairman.
From June 2007 — Board member, State Corporation «Bank for Development and Foreign Economic Affairs (Vnesheconombank)», Deputy Chairman, Vnesheconombank.
Lomonosov Moscow State University, 2003,
Degree: Mathematician, Major in Mathematics and Applied Mathematics
Finance Academy under the Government of the Russian Federation, 2008, Degree: Candidate of Science (Economics), Major in Mathematical and Instrumental Methods in Economics
TRIUM (NYU Stern, LSE and HEC (Paris)), 2015 г. Executive MBA
2002–2003, Informcontract Consulting Company, Assistant at Consulting Unit;
2003–2005, AlfaStrakhovanie, Lead Specialist at Business Process Improvement and Modeling Group, Operations Department;
2005–2006, Triangle, Consultant at Management Consulting Unit;
2006–2010, PwC Russia, Senior Consultant, Assistant Manager, Manager, Senior Manager at Consultancy Services Unit, Business Consulting Division;
2010–2018, Gazprombank (Joint Stock Company), Head of Department, Vice President — Head of Transaction Risks in Financial Markets Department, Vice President, Executive Vice President, First Vice President;
Since July 2018, Deputy Chairman of Vnesheconombank.
12 April 1975, Almaty.
Lomonosov Moscow State University, Faculty of Philosophy.
1995–1997, Moskovskiy Komsomolets Daily, Correspondent;
1997–1999, Kommersant Publishing House, Correspondent at Politics Department;
1999–1999, Interfax News Agency, Political Analyst at News Service;
1999–2000, Executive Office of the Russian Government, Deputy Chief of Government Information Department;
2000–2001, Deputy Chief of Press Office of the Russian President;
2001–2002, First Deputy Chief of Press Office of the Russian President;
2002–2004, First Deputy Press Secretary for the Russian President and Chief of Press Office of the Russian President;
2004–2008, Chief of Press and Information Office of the Russian President;
2008–2012, Press Secretary for the Russian President;
2012–2018, Press Secretary for the Prime Minister of the Russian Federation and Deputy Chief of the Executive Office of the Russian Government.
Since September 2018, Deputy Chairperson of Vnesheconombank.
Order of Alexander Nevsky (2018); IV Class Order for Merit to the Fatherland (2012); Order of Friendship (2009); Certificate of Acknowledgement by the Russian President and Government.
Date and place of birth: 10 April 1977, Moscow.
International Independent University of Ecology and Politology, 2001, qualification «lawyer», specialty «jurisprudence».
Financial Academy under the Government of the Russian Federation, 2004, specialty «Finances and Credits», qualification «Financial Management.»
Moscow Institute of the Russian Ministry of Interior, 2006, dedicated course «Forensic and Economic Inquiry».
Candidate of Juridical Sciences,
Full State Counsellor of the Russian Federation, 3rd Class.
1999 through 2003 — a defense attorney, «Moscow Law Center» bar of defense attorneys.
2003 through 2004 — head of the division of legal support at the Department of Property of the Military Industry Complex of Power Ministries and Agencies, the Russian Federation Ministry of Proprietary Relations.
2004 through 2008 — deputy head of the Directorate for Property of Power Agencies and Judicial Bodies, head of the department of judicial bodies, Federal Agency for Federal Property Management.
In 2008 — deputy head of the Directorate for Managing Defense Organizations and Law Enforcement Agencies, Federal Agency for Managing Federal Property.
2008 through 2017 — director of the Law Department, Russian Federation Ministry of Finance.
Since May 2017 — Deputy Chairman of Vnesheconombank, Member of the Management Board.
2009 through 2012 — assistant professor of the Department of Legal Support of Managerial Activities at the Moscow State Institute of International Relations under the auspices of the Russian Ministry of Foreign Affairs. She taught the subjects «Financial law» and «Entrepreneurial law».
In 2010, she received a Letter of Appreciation from the Russian Federation Government for merits in economy and finance and for her enduring conscientious work.
In 2011, she received a Letter of Appreciation from the President of the Russian Federation for outstanding efforts in fulfilling the tasks set by the Russian Federation President towards increasing the efficiency of providing federal and municipal services.
In 2011, she received a Letter of Appreciation from the Russian Federation Minister of Finance for merits in financial and economic activities and her enduring impeccable work.
In 2011, she was awarded with the Medal «For Merits to the Fatherland», 2nd degree, for professional achievements and her
Born on 04 June 1971 in Tambov.
Leningrad Institute of Engineering and Economics named after P. Togliatti, 1994; Degree — Planning Engineer, Major in Informatics for Economics and Automated Control Systems.
London Business School, 2013; Major in Management and Finance for Bankers.
Stanford University, 2015; Major in Future of Banking: Best Foreign Practices.
1995 — 1998 — Leading Specialist in the Stock Exchange Operations Group, Head of Stock Exchange Operations Department, Head of the Dealing Centre of St. Petersburg branch Raduga, Promradtechbank.
1999 — 2003 — Head of the Customer Services Department,
2003 — 2005 — Head of the Corporate Business Department, St. Petersburg branch, Bank of Moscow.
2005 — 2007 — Deputy Head of the
2007 — 2009 — Chairman of the Board at Uralsib South Bank, Head of the Southern Regional Directorate, Uralsib Bank.
2009 — 2010 — Chef Executive Officer of the Chief Executive Corporate and Banking Business Directorate, Uralsib Bank.
2010 — 2012 — Counsellor to the President, Chairman of Povolzhskiy Bank, Sberbank.
2013 — 2017 — Chairman of
Since March 2017 — Vnesheconombank’s First Deputy Chairman — Member of the Board.
Certificate of Acknowledgement by the President of the Russian Federation; Certificate of Acknowledgement by the St. Petersburg Legislative Assembly; Certificate of Appreciation by OAO Sberbank of Russia; Letter of Acknowledgement by PAO Sberbank
In 1989 graduated from the Gorky State University named after
In 2001 graduated from the Nizhny Novgorod Law Academy.
In 2002–2004 — Deputy Head of the Entrepreneurial Activity Regulation Department of the Russian Economic Development and Trade Ministry.
In 2004–2006 — Chief Adviser of the Analytical Department of Russia’s Presidential Expert Directorate.
In 2006 — Deputy Head of the National
In 2006–2008 — Head of the Executive Government Authorities Performance Analysis Department of Russia’s Presidential Expert Directorate.
In 2008–2009 — Deputy Head of First Deputy Prime Minister
Since November 2009 — Deputy Chairman of State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’.
Received commendations by the Russian President.
In 2010, she was awarded a medal «For Special Contribution to the Development of Kuzbass Third Grade» for high professionalism and significant contribution to the
For her efficient activity on modernizing the economy of
Born on 01 June 1979 in Moscow Region
Moscow State University of Management, 2000; Degree — Manager of the Highest Gegree, Major in Management.
London Business School, 2016; Executive MBA, Major in Management and Finance.
2001 — 2003 — Deputy Head of Investment Analysis and Projects Division of Corporate Property Department, OJSC Aeroflot — Russian Airlines.
2003 — 2006 — Head of Project, Deputy Head of Department, Deputy Director — Corporate Secretary, Corporate Director, OJSC Power Machines — ZTL, LMZ, Elekrosila Energomashexport.
2006 — 2009 — Vice President, PBN Company (USA) Representative Office.
2009 — 2012 — Managing Director — Vice President of Coordination Division of Subsidiary Bank Department, OJSC Bank VTB.
2012 — 2016 — Director of International Development Coordination Division, Senior Managing Director — Director of International Development Coordination Division, PJSC Sberbank.
Since March 2016 — Adviser to Chairman of Vnesheconombank, Senior Vice President for Corporate Management of Companies Associated with and Affiliated to Vnesheconombank.
Since March 2017 — Deputy Chairman of Vnesheconombank.
Arkanzas Tech University (ATU), Russellville, Arkansas, United States, 2000
Major in economics
University of Arkansas at Little Rock (UALR), United States, 2002
Degree: Master of Business Administration
Major in economics
2003 — 2004: Senior Expert; Leading Expert, Audit Department, ZAO Deloitte and Touche CIS;
2004 — 2008: Chief Officer; Deputy Chief of Section; Chief of Analytics Section; Deputy Director of Investment Policy Department, the Ministry of Economic Development and Trade of the Russian Federation;
2008 — 2010: Advisor to Deputy Chief of Staff of the Russian Government;
2010 — 2016: Business Manager; Director of Administrative Department; Senior Managing Director; Director of Administrative Department, PJSC Sberbank of Russia;
Since May 2016: Advisor to Chairman of Vnesheconombank, Acting Deputy Chairman of Vnesheconombank — Head of Chairman’s Office;
Since October 2016: Deputy Chairman of Vnesheconombank.
Since March 2017 — Management Board Member, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’ — Deputy Chairman, Vnesheconombank.
In 1979, graduated from the Leningrad Finance and Economics Institute, specialty — «Economic Cybernetics».
1979–1990 — economist, senior economist, senior research worker, laboratory head, Leningrad Finance and Economics Institute.
1990–1991 — chairman, Lensoviet Standing Commission for Economic Reform.
1991–1994 — head, Working Center for Economic Reform under the Russian Government.
1994–1997 — Russian Deputy Economics Minister, from 1995 — secretary of state- Russian Deputy Economics Minister.
1997–1998 — first deputy head, Russian Government Administration.
1998–1999 — Board Director, International Investment Bank.
1999–2001 -president, International Center for
2001–2007 — member, Federation Council of Federal Assembly, from 2002 — chairman, Federation Council Committee for Financial Markets and Monetary Circulation.
From June 2007 — Management Board member, State Corporation «Bank for Development and Foreign Economic Affairs (Vnesheconombank)», Deputy Chairman, Vnesheconombank.
Born on 23 July 1974 in Baku
Finance Academy under the Government of the Russian Federation, 1996, Degree: Economist, Major in Banking and Finance.
1997 — 2008, Russian President’s Office, Lead Specialist, Currency Circulation Division; Expert, Macroeconomics Division; Advisor, Investment and Programme Division, Presidential Economic Directorate; Chief Advisor, Social and Economic Policies Department; Chief Advisor, G8 Cooperation Expert Support Department; Deputy Head, Analytical Department, Presidential Experts Directorate.
2008 — 2018, Russian Government Executive Office, Aid to First Deputy Prime Minister Igor Shuvalov; Deputy Head, Secretariat of First Deputy Prime Minister Igor Shuvalov.
Since June 2018 — Deputy Chairman of Vnesheconombank.
Acknowledgement by the Russian President for supporting the activities of the Russian President and the Russian Government, and developing parliamentarism in Russia.
Certificate of Merit by the Russian Government Executive Office, Acknowledgement by the Russian Government for active support of the Russian Government activities.
Lomonosov Moscow State University, 1985, Degree: Economist, Lecturer in Political Economics; Major in Political Economics.
1985 — 1989, Informelectro Research Institute, Supervising the creation and efficient use of public resources of research and development information.
1993 — 1998, Chief Economist, a commercial bank.
2000 — 2001, Aid to the Russian Government Chief of Staff — Minister of the Russian Federation Igor Shuvalov.
2001 — 2004, Russian Government Executive Office, Deputy Head, Economics and Property Management Department.
2004 — 2008, Russian Government Executive Office, Deputy Director, Economics and Finance Department of the Russian Government.
2008 -2018, Russian Government Executive Office, Deputy Head, Secretariat of First Deputy Prime Minister Igor Shuvalov.
Since June 2018 — Deputy Chairman of Vnesheconombank.
Full State Counsellor of the Russian Federation, second class.
Over the years of working at the Russian Government Executive Office, Marina Romanova was supervising the preparation of Russian
Order of Friendship for work achievements and
Medal of Merit for the national population census.
Certificate of Merit by the Russian Government for
Certificate of Merit by the Russian Government Executive Office for impeccable and efficient civil service.
Acknowledgement by the Russian Government for
Volgograd Academy of Public Administration, 1997, Degree: Manager, Major in Management.
Kutafin Moscow State Judicial Academy, 2012, Degree: Lawyer, Major in Jurisprudence.
2000 — 2018, Russian Government Executive Office, Aid to First Deputy Prime Minister Dmitry Medvedev; Deputy Head, Secretariat of First Deputy Prime Minister Igor Shuvalov.
Since 2018 — Deputy Chairman of Vnesheconombank; Director General, VEB Service LLC.
University of Maryland University College, 1999
BS in Business Administration
Irkutsk State University, 1999
Bachelor’s Degree in Economics
Irkutsk State University, 2000
Manager, Global Economics
The University of Warwick, 2005
MS in Economics and Finance
Chicago Business School (Booth), 2012
2000 — 2003: Investment Manager with professional qualification of I (II) Category Specialist, Securities Department, Vostsibtranscombank
2003: Specialist, Project Development Group, Closed
2004 — 2005: Consultant, Closed
2005 — 2006: Senior Business Analyst, Moscow Representative Office,
2006 — 2008: Project Director, Corporate Centre, Strategy and Development Block, Strategy Department, Open
2008 — 2013: Head, Finance and Accounting Department, Closed
2013 — 2015: Head, Planning Division, Finance Department, Open
2015 — 2017: Deputy Chairman,
Since March 2017: Advisor to First Deputy Chairman of Vnesheconombank
Since July 2017: Deputy Chairman of Vnesheconombank
Higher specialised education, 1991;
Russian Academy of Public Administration under the President of the Russian Federation, 2005; Degree: Lawyer, Major in Jurisprudence.
1987–2015 — various positions held at Russian federal agencies.
2015–2016 — Bank Advisor, Advisory Group within Chairman’s Office.
2016–2016 — Head of Vnesheconombank’s structural unit.
2016–2017 — Senior
Since October 2017 — Deputy Chairman of Vnesheconombank.
A.B. Freeman School of Business; Tulane University, 1999; MBA degree, specialization – finance and financial management. St. Petersburg State University, 1995; Faculty of Philology.
1990 - 1994 - Information Technology Manager (SGS, S.A.) p>
1995 - 1997 - Corporate Account Manager, Xerox Corp. p>
1997 - 2000 - Business Consultant, Headquarters for Emerging Markets, Xerox Corp. (USA) p>
2001 - 2005 - Corporate Account Manager, Citibank. p>
2005 - 2007 - Corporate Director, ABN AMRO. p>
2007 - 2009 - Head of Structured Credit Products, Alfa-Bank. p>
2009 - 2018 - Senior Managing Director, Head of Structural Credit Products, PJSC Sberbank. p>
From April 2018 - Deputy Chairman of Vnesheconombank.
Born on 01 September 1976 in Moscow.
MGIMO University under Russia’s Ministry of Foreign Affairs, 1997, Major in Area Studies and Diplomacy (bachelor’s degree);
MGIMO University under Russia’s Ministry of Foreign Affairs, 1999, Major in International Political Studies (master’s degree);
MGIMO University under Russia’s Ministry of Foreign Affairs, 2003, Major in Jurisprudence (lawyer’s degree);
London Business School, 2011, ЕMBA.
2002–2013, KfW Banking Group.
2013–2017, Director, Export Finance, Senior Vice President of Vnesheconombank.
2017–2018, Senior Vice President of Vnesheconombank, Head of International Business, Export and Financial Institutions.
Since October 2018 — Deputy Chairman of Vnesheconombank.
Merit badge for contribution to the international cooperation by Russia’s Ministry of Foreign Affairs (2013), Vnesheconombank’s corporate merit badges (2016, 2017).