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Hughes Oliver
Hughes Oliver

Oliver Charles Hughes was born on June 27, 1970 in Folkestone (Kent, UK).

Education

In 1992 he graduated from the University of Sussex with a degree in History, Politics and Culture of Russia and France. He has a Master of Arts in International Politics from the University of Leeds and a Master of Science in Information Management and Technology from City University. He speaks English, Russian and French.

Career

1998-2005

Since 1998, he worked at Visa International, for nine years he went from manager of authorization and risk control at Visa CEMEA to head of Visa representative office in Russia.


In 2000, he moved from the management of payment systems to the field of business development. He is one of the first team members to open an office in Moscow in the fall of 2000. In 2005, he headed the Russian representative office of Visa International and was responsible for business development in Russia.

Prior to Visa, he worked at various positions in public and commercial organizations, including engaged in sociological research for the Slavic and East European branches of the British Library. The development of a number of IT projects for Shell and the British Library served as the basis for Hughes' transition into the payment systems industry.

2007

In 2007, he was appointed Chairman of the Board of Tinkoff Credit Systems Bank (TKS Bank), now Tinkoff Bank. Heads Tinkoff Bank as Chairman of the Board.

He is a member of the board of directors of Tinkoff Insurance JSC. [1]

2020: Sale of global depositary receipts to TGS Group

On November 23, 2020, TCS Group announced that the Chairman of the Board of Tinkoff Bank Oliver Hughes sold global depositary receipts (GDR) of the group in the amount of about $14 million.

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Transactions with global depositary receipts were made for personal reasons. The deal, carried out by Mr Oliver Hughes, affects only a fraction of the TCS Group papers he owns, it said.
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On November 9, 2020, Hughes sold securities for $5.89 million, the next day he parted with securities for another $7.86 million, on November 23 he sold receipts for $240 thousand.

Tinkoff Bank CEO Oliver Hughes sold $14 million in TCS Group securities

Another top manager of the group - the head of Tinkoff Mobile Georgy Chesakov - on November 19 sold the group's GDR for $139 thousand.

TCS Group raised about $300 million through SPO on the London Stock Exchange. Oliver Hughes then acquired 12.4 thousand. GDR at $223.65 thousand. The founder of TCS Group Oleg Tinkov bought about 555 thousand. $10 million GDR The group placed 16.7 million GDR among investors, the final value of the paper was $18.[2]

2022

Leaving the post of chairman of the board of Tinkoff Bank

Oliver Hughes left the position of Chairman of the Board of Tinkoff Bank in March 2021.

Accusation of Oleg Tinkov in libel

In November 2022, Oliver Hughes accused Oleg Tinkov of libel. In his blog, he claims that he did not force Tinkov to sell the bank and that, despite Tinkov's statement, he no longer participates in the management of Tinkoff Bank.

Notes