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Biography
2025: Appointment as CEO of one of the largest construction groups in the Russian Federation Capital Group
On September 10, 2025, one of the largest construction groups in the Russian Federation, Capital Group, announced that Mikhail Khvesko had been appointed to the post of its general director and chairman of the board. The corresponding decision was approved by the founder, chairman of the board of directors of the company Pavel Tyo.
Khvesko has been working at Capital Group since 2014. In particular, he held the positions of executive director and member of the board. He participated in the implementation of such projects as Capital Towers, Badaevsky, MiG and City-2. As CEO, Khvesko will focus on the full operational management of Capital Group.
At the same time, Valentina Stanovova, who previously headed the company's board, will focus on working on the board of directors, the board of Capital Group, as well as on the management of the investment area. At the same time, activities and interaction within the group will continue to be coordinated at the level of the board of directors, which is headed by Cho.
 | The current systemic reorganization of corporate governance in the consolidation of the powers of the CEO will improve the effectiveness of both operational and strategic decisions within the holding structure, "says Cho. |  |
The Russian development company Capital Group was established in 1993. Its main activity is the construction of multifunctional complexes, residential and commercial real estate in Moscow.[1]
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