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Assets
Biography
Education
David Rafalovsky graduated from Tel Aviv University. He has a master's degree in software development.
Career
1997-2017: Citigroup
In 1997, David Rafalovsky began work at Citigroup. In this company, he went from a leading solution developer to the head of IT infrastructure in the "finance" and "risk" functions, as well as the technical director, deputy head of the "Technologies" unit of Global Functions.
2017: Appointment as Technical Director of Sberbank
On December 13, 2017, Sberbank announced the appointment of David Rafalovsky to the post of senior vice president, technical director of the Sberbank group and co-head of the Technologies block. The appointment took effect on February 1, 2018.
 | Throughout his successful career, David demonstrated the highest professionalism, an innovative approach combined with a focus on result and leadership qualities. His vast experience and deep knowledge of the modern banking IT architecture and banking platforms will help strengthen Sberbank's leadership as a leading provider of digital banking services. I wish him great success in his new role, - said the first deputy chairman of the board of Sberbank Lev Khasis, to whom David Rafalovsky reported |  |
Nikita Volkov, senior vice president of the bank, who worked as the head of the Technologies block, from February 1, 2018 became the co-head of the Technologies block, also reporting to Lev Khasis.
2018
Appointment as Sole Manager of Sberbank's Technologies Unit
In August 2018, Senior Vice President, Technical Director of Sberbank David Rafalovsky was appointed head of the Technologies unit. In this post, he began to carry out strategic leadership of the technological function of the Sberbank group.
According to the first deputy chairman of the board of Sberbank Lev Khasis, which were cited in the bank's message, Rafalovsky was entrusted with the duties of functional management of the core of technological infrastructure, IT architecture and operational areas, which are of strategic importance for the group.
Hasis added that David Rafalovsky "has established himself as an effective and energetic leader who managed to give the start of technological transformation in a short time."
Since February 2018, dual power has taken place in the Technologies block: with the arrival of Rafalovsky as co-head of the block, the senior vice president of Sberbank Nikita Volkov, who previously headed it, received a similar post.
With the appointment of Rafalovsky to the post of head, Nikita Volkov will become deputy head of the Sberbank project block.
Increasing the role of the technology division, reassignment to German Gref
On December 10, 2018, Sberbank announced an increase in the role of technological and marketing divisions of the bank. In this regard, David Rafalovsky was appointed executive vice president and became subordinate to the President, Chairman of the Board of Sberbank German Gref, continuing to perform the functions of the service station of the Sberbank group.
Rafalovsky led the implementation of the group's technology strategy, including the introduction of a modern business application platform, an innovative cloud infrastructure architecture, an advanced enterprise analytical data platform, and artificial intelligence technologies, Sberbank said.
He also manages Sberbank's technological laboratories in addition to implementing the basic operating model. The Agile detailed IT dossier of Sberbank collected by TAdviser can be found. by reference
Lev Khasis, First Deputy Chairman of the Board of Sberbank, who previously oversaw the Technologies block, expressed his joy that David "not only fit very organically into the Sberbank team, but also has already made a significant contribution to our technological development."
German Gref said that the implementation of Sberbank's strategy until 2020 "will require increased attention to IT and the development of advanced technology platforms in order to provide a new wave of product innovations for our customers, which has become decisive for the current transformation into a technology company."
| | I am confident that David's outstanding leadership skills, extensive experience and deep level of knowledge in the field of IT will allow us to accelerate our technological transformation, - said Gref | |
He also thanked Lev Hasis, who oversaw the Technology block for more than five years. Over the years, Sberbank has implemented a giant leap in its technological and operational development, and created world-class IT competencies, Gref said.
Having removed technology supervision from Khasis, Sberbank decided to entrust him with the function of curator of the marketing and communications department. The management of the department will continue to be carried out by Senior Vice President Tatyana Zavyalova, who will report directly to Khasis.
According to Sberbank's plans, marketing competencies will have to develop not only as an internal service, but also as a client service - a source of income for the bank's ecosystem. That is why it was decided to combine marketing and divisions for the development of the Sberbank ecosystem under a single curator Khasis.
One of the goals of the Strategy 2020 adopted by Sberbank was the implementation of initiatives that will allow competing with global technology companies. This competition unfolds in the plane of forming the best customer experience, and not necessarily financial. To do this, the bank launches various digital initiatives, enters into strategic alliances, searches for startups and tests new market niches for itself. Read more here.
2022
The head of the IT block of Sberbank David Rafalovsky leaves his post
Executive Vice President and Curator of the Technologies block of Sberbank David Rafalovsky leaves his post. RBC wrote about this with reference to two sources. The bank left the information without comment.
Rafalovsky moved to Sberbank in 2018, and before that he lived and worked in the United States - at Citigroup headquarters as deputy head of the Technologies block of Global Functions. In Sberbank, he first became the co-leader of the Technology block together with Nikita Volkov, and then single-handedly headed this block. A native of the Ukrainian Privat Bank, Volkov worked as Rafalovsky's deputy.
In Sberbank, Rafalovsky gradually expanded his powers. By 2022, in addition to directly the issues of digitalization of the bank, under his supervision, Sberbank's business was to create smart assistants SberDevices and the cloud provider SberCloud, the development of the supercomputer supercomputer Christofari and the digital platform platform Platform V, to which the existing business of Sberbank was transferred and which is already offered as a digital transformation platform to external customers.
In November 2021, David Rafalovsky announced the opening of the first Sberbank R&D Center in Berlin, which was supposed to be focused on attracting high-end IT developers, architects and specialists in the field of machine learning. It was planned that "professionals from all over the world will work at the center on Sberbank's breakthrough technological ideas, including product and SberDevices, SberCloud and SberAutoTech services." It was expected that the R&D Center will begin its work in the first quarter of 2022, after receiving the approval of the regulator.
| | We are a very unusual bank, - said Rafalovsky, announcing the R&D center. - We are working on a wide range of IT platforms promoting the rapidly growing Sberbank ecosystem. And I have to tell you as a professional IT architect: it's great to work in such a dynamic, innovative environment! This is a rare opportunity to contribute to a very wide portfolio of products enriching the lives of our customers across many exciting industries - from banking and online commerce to food delivery, taxi ordering and logistics, among many others | |
On February 25, 2022, Germany announced a complete blockade of Russian banks in connection with the start of a military operation of Russian troops in Ukraine. Also, sanctions against Sberbank were imposed by the United States. On the same day, it became known that the decision to leave the bank ahead of schedule was made by the first deputy chairman of the board of Sberbank Lev Khasis, who was responsible for the construction and development of the ecosystem.
President of French space startup Rovial
As TAdviser found out, the former executive vice president, chief technical officer, head of the technology block of Sberbank David Rafalovsky in the summer of 2022 was appointed president of the space startup Rovial, based in. Paris According to the open data of the National Register of Trading Companies and Joint Stock Companies (France Registry National du Commerce et des Sociétés), Rafalovsky is also on the list of beneficiaries of Rovial. More. here
2023
Co-owner and CEO of an American fintech startup
The American digital banking platform Oxygen in February 2023 announced that David Rafalovsky became the main owner of shares in[1]. In this status, he replaced the founder of Oxygen Hussein Ahmed (Hussein Ahmed).
Instead of the founder, Rafalovsky also took the position of executive director (CEO) of the company. And Hussain Ahmed remains at Oxygen as product director.
Rafalovsky's appointment in the company is called strategic. The message emphasizes his experience at Sberbank.
With this news, the company also announced the raising of $20 million in the series B financing round. The investor was not alone, but the company did not disclose the names. In the Series A funding round in 2021, investors included Runa Capital.
Oxygen, founded in 2018, is positioned as an American "neobank" for freelancers and small businesses. The range of services includes banking, invoicing, accounting, payments and transfers, cashback, opening a legal entity, salary programs, insurance.
Oxygen is based in the state of California, in the city of San Francisco, and is a division of ReliefClub Inc., a Delaware-based company.
| | Small business is not only a driver of the American economy, but also supports the life of the American dream, "David Rafalovsky quotes Oxygen in his message. | |
David Rafalovsky, we recall, left Sberbank in February 2022[2]. He was executive vice president, head of the Technology block of the bank, oversaw the creation of the supercomputer.
In September 2022, TAdviser found out that David Rafalovsky became the co-founder and president of the French space startup Rovial (more). here France It follows from the Rovial appointment record that David Rafalovsky is based USA in and has Israeli and American citizenship.
Co-founder of a US startup for AI clothing matching
As TAdviser found out, former executive vice president, chief technical officer, head of the technology block Sberbank David Rafalovsky co-founded a FashionTech startup USA called Aiuta. Such data is contained in the Crunchbase database. The startup is registered in Delaware.
The second co-founder of Aiuta is the former head of SberDevices and the head of development of the Yandex smart speaker Konstantin Kruglov. He also holds the position of CEO in the company.
The service that Aiuta is developing is positioned as a new generation personal stylist who helps you find the right wardrobe using artificial intelligence technologies - to show how a user in this or that clothes can look.
| | We at Aiuta want to show even before buying things how amazing you can look, "Konstantin Kruglov wrote about the startup on his LinkedIn page in April 2023. | |
According to the entrepreneur, the service uses FashionGPT - Aiuta's proprietary generative AI model, which represents the language of the fashion industry as well as the language model in ChatGPT represents the human language.
Notes
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