Kosogov Andrei Nikolaevich

Kosogov Andrei Nikolaevich

Andrey Kosogov is one of the founders and main shareholders of Alfa Group. Member of the Board of Directors and Chairman of the Investment Committee of OJSC Alfa-Bank. Member of the Board of Directors of Alfa-Strakhovanie. Chairman of the Board of Directors of Alfa Asset Management. Former General Director of the Alfa-Capital Investment Fund. Chairman of the Board of Directors of the telecommunications company Altimo.

Aktivs

The main assets of Andrey Kosogov are concentrated: {taru^[1] {/taru} {^[2] {/tacom}

• Finance and Investments (Alfa-Group);
• telecommunications (Altimo).

Biography

Born March 15, 1961 in Sillamäe, Estonia.

In 1987 - graduated from the Moscow Power Engineering Institute, thermal physics engineer by education.

1990-1995

He was the secretary of the committee of the Komsomol MPEI and headed the small scientific enterprise "Center for Automation of Thermophysical Research" created at the institute^[3].

1990 - Commercial Director of a small research and production enterprise created at MPEI.

1992 - co-founder of the specialized investment privatization fund Alfa-Capital and the investment company Alfa-Capital.

1992 - Chairman of the Board of Directors and General Director of Alfa-Capital, then - Chairman of the Board of Directors of the Alfa-Capital Group of Companies.

1992 - Member of the Board of Directors of OJSC Alfa-Bank.

1992-1995 - Chairman of the Board of Directors of the specialized investment fund Alfa-Capital.

1998-2007

1998 - First Deputy Chairman of the Management Board of OJSC Alfa-Bank.

1998-2005 - First Deputy Chairman of the Board of Alfa-Bank OJSC (oversaw all investment divisions of the bank).

2005 - moved away from operational work at Alfa-Bank OJSC.

2007 - Alfa opened a new project - a specialized mortgage bank, the management of which was entrusted to Andrei Kosogov.

He heads the supervisory board of Alfa-Bank OJSC in Ukraine, and also oversees the company's investment business.

2012: State of $1.2 billion - No. 78 in Russia

He took 78th place in the ranking of the Russian-language version of Forbes "The Richest Businessmen of Russia - 2012." The fortune of Andrei Kosogov was estimated at $1.2 billion ^[4].

2022

Andrey Kosogov is the largest beneficiary of Alfa-Bank

In March 2022, it became known that Andrei Kosogov became the largest beneficiary of Alfa Bank. Previously, the largest stake in the credit institution belonged to Mikhail Fridman.

According to Kommersant, citing an updated shareholder structure posted on Alfa Bank's website, Kosogov's share in ABH Holdings S.A. (Alfa Bank is 100% owned by this holding) increased from 3.7% to almost 41%. This happened after the sale of all their shares in the holding by German Khan and Alexei Kuzmichev, who owned 20.97% and 16.3% until March 2022.

In March 2022, Alfa-Bank changed the largest beneficiary

The remaining owners of the ownership in ABH Holdings S.A. did not change: 32.86% - from Mikhail Fridman, 12.4% - from Peter Aven, 9.9% - from UniCredit S.p.A. 3,87% — у The Mark Foundation for Cancer Research.

The European Union imposed sanctions against Friedman, Aven and several other businessmen on February 28, 2022. The UK did the same two weeks after the EU. Alfa Bank also fell under US sanctions. In particular, he was limited access to the US capital market. On March 1, both businessmen announced their intention to challenge the decision of Brussels.

Friedman and Aven called the EU decision to impose sanctions unreasonable and declared their intention to challenge it. The EU's justification for including businessmen in the sanctions list says that they "participated in the Kremlin's attempts to lift US sanctions imposed to counter Russia's aggressive policy towards Ukraine," and also "actively supported financially or financially and benefited" from the leaders responsible for the annexation of Crimea and "destabilization of Ukraine."

As of mid-March 2022, Alfa-Bank ranks fourth in terms of assets in Russia - 5.6 trillion rubles.^[5]

5th place in the list of CNews of the richest signalmen in Russia

Andrei Kosogov took 5th place in the ranking of the richest operators Russia in 2022 according to the version. CNews

Andrey Kosogov is one of the oldest top managers of Alfa Group. In the ranking of the richest signalmen CNews in 2015, he was in 15th place. He has long had minority stakes in the group's projects and was ranked by CNews. However, this year, for the first time, he bypassed the three founders of the group - Mikhail Fridman, German Khan and Alexei Kuzmichev. The reason was the inclusion of all three mentioned persons in the sanctions lists of the European Union and Great Britain.

After that, Khan and Kuzmichev left the capital of LetterOne, an investment company created by the founders of Alfa Group and Alfa Bank. Shares in Alfa-Bank were transferred to Kosogov. According to this logic, the shares of Khan and Kuzmichev in LetterOne were also transferred to Kosogov. LetterOne, among other things, is the largest shareholder in the Veon group.

In the early 90s, Kosogov headed the Alfa Capital checking investment fund, which was part of Alfa Group. Then he worked for a long time in senior positions at Alfa Bank. In recent years, Kosogov served on the boards of directors of Alfa Bank, the management company Alfa Capital and Alfa Insurance^[6].

2023: Condition

Kosogov's fortune in 2023 is estimated at $1.1 billion according to Forbes.

Social and political activities

Member of the Board of Trustees of the National Research University of Moscow Energy Institute (Technical University)^[7].

Interesting facts

« … I came to Alpha in 1992 after an advertisement in a newspaper. There were no headhunters at that time, so the competition was announced through advertising in Moskovskiye Novosti. I was on a train to, Kiev reading a newspaper and came across an ad that read: "The finance group needs a director." Phone, and nothing else. I cut the ad out of the newspaper, put it in my pocket and forgot about it. But a couple of weeks later I accidentally found a newspaper clipping in my pocket, remembered the ad and called the indicated phone. They told me that the set was already over, but the secretary still connected me with her leader. We talked for about fifteen minutes, after which he asked if I could drive up right now. I immediately arrived, and we continued the conversation in person^[8]

His wife is a well-known designer. Andrey wears only costumes tailored to her original patterns.

Hobbies

He is fond of sports fishing in the most remote corners of the Russian North. When fishing,^[3] lives in a tent].

Marital status

Married, three children^[3] (as of 2024).

Notes