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February 10, 2016 8:44 PM ET

Industrial Conglomerates

Company Overview of Alfa Group Consortium

Company Overview

Alfa Group Consortium is a financial-investment conglomerate in the Russian Federation and the CIS. Its businesses include commercial and investment banking, asset management, insurance, retail trade, water utilities, and special-situation investments. The company operates an investment holding company investing into several banking groups in the CIS and Europe; manages investment portfolios for a range of clients, including funds of non-state pension funds, funds of insurance companies, and endowment funds; provides a diversified portfolio of insurance products; operates a chain of proximity stores, a supermarket chain, a hypermarket chain, and convenience stores; and provides water-supply ...

4 Irish Place

Suite 2



Founded in 1989


350 200 41977


350 200 41988

Key Executives for Alfa Group Consortium

Chief Executive Officer and Member of The Alfa-Banks Board of Directors
Age: 46
Founder and Chairman of the Supervisory Board
Age: 51
Co-Founder and Member of Supervisory Board
Age: 54
Member of Supervisory Board and Chief Executive Officer of Alfastrakhovanie Group
Age: 46
Chief Executive Officer of Alfa Capital Partners
Compensation as of Fiscal Year 2015.

Alfa Group Consortium Key Developments

Alfa Group Consortium Announces the Appointment of Andrei Elinson as Director of Asset Management

CTF announced the appointment of Andrei Elinson as Director of Asset Management. Mr. Elinson will also join the Supervisory Board of Alfa Group Consortium. Andrei Elinson joined CTF in December 2015 as Director of Asset Management.

Alfa Group Announces Executive Changes

Alfa Group announced that Alexander Vinokurov, who in December replaced Mikhail Khaborov as the president of A1, has taken his place also on the supervisory board of the company. In total 13 people are on the supervisory board of Alfa Group: besides Vinokurov, there are the owners of the group Mikhail Fridman, German Khan and Alexei Kuzmichev; member of the board of directors of Alfa-Bank Petr Aven; member of the supervisory board of LetterOne Holdings Andrei Kosogov; A1 CEO Alexander Fain; executive partner of LetterOne Telecom Alexei Reznikovich; Director for Corporate Development, Finance and Control of Alfa Group Nigel Robinson; Director of Portfolio Management and Control of Alfa Group Dmitry Dorofeyev; head of AlfaStrakhovania Vladimir Skvortsov; CEO of Alfa-Bank Russia Alexei Marey and CEO of X5 Retail Group Stephan DuCharme.

Russian and US Firms Show Interests In Telekom Srbija Privatization

Russian and US interests might clash in the pending privatisation of Telekom Srbija a.d. as bidders from both countries are expected to step forward for the auction later in 2015, daily Blic reported on February 25, 2015, quoting unnamed sources. According to Blic, a large Russian firm has confirmed it is interested in buying one of Serbia's most profitable companies. At the same time, a US company is allegedly already preparing a counter-offer for Telekom Srbija. The name of the potential Russian bidder is not known although there is speculation it could be OOO Gazprom Telecom. Blic says that the other possible Russian bidders include Sistema JSFC (MICEX:AFKS) and Alfa Group Consortium. According to the unnamed source quoted by Blic, the price for Telekom Srbija in the pending sale could be higher than expected due to the strategic importance of Telekom Srbija.

Similar Private Companies By Industry

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Alfa Group Consortium Europe
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