Sergei Gorkov's Diverse Career Path Explored

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Sergei Gorkov's career path is a fascinating mix of finance and politics. He was born in 1973 in Russia.

As a graduate of the Moscow State University, Gorkov's academic background laid the foundation for his future endeavors. He earned a degree in International Economic Relations.

Gorkov's entry into the world of finance began at Vnesheconombank, where he worked in various roles, including Deputy Chairman. This experience provided him with a solid understanding of the financial sector.

Gorkov's involvement with VTB Bank, another prominent Russian bank, further solidified his expertise in finance.

Early Career and Yukos

Sergei Gorkov's early career was marked by a stint at Bank Menatep from 1994 to 1997. He then joined Yukos oil company, where he worked from 1997 to 2005.

As a vice president at Yukos, Gorkov oversaw personnel and pensions. He was also involved in a social outreach program called "New Civilization", which aimed to change Russia through summer camps and youth engagement in the political system.

Gorkov's tenure at Yukos was marred by a massive tax scandal in 2003, which led to the company's collapse. He managed to avoid arrest, reportedly due to his connections with the Kremlin and the FSB.

Sergei Gorkov's Early Life

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Sergei Gorkov was born in 1963 in Moscow, Russia.

Growing up in a family of modest means, Gorkov's early life was marked by a strong work ethic, which would serve him well in his future career.

He graduated from the Moscow State Institute of International Relations in 1985.

Gorkov's education laid the foundation for his future success in international finance.

Yukos and Gorkov's Career

Gorkov worked at Bank Menatep from 1994 to 1997, before joining Yukos oil company and Yukos Moscow from 1997 to 2005. Both of these companies are now defunct.

He was a vice president at Yukos, overseeing personnel and pensions. This was a significant role, as it involved managing a large team and ensuring the company's employees were taken care of.

Gorkov was also engaged in a social outreach program called "New Civilization", which aimed to change Russia through youth engagement and a political movement. This program was extremely costly and had a clear mission.

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In 2003, Yukos began to collapse due to a massive tax scandal, with lawsuits filed against the Russian government. Gorkov somehow managed to avoid arrest, but it's unclear how.

Forbes noted that it was a large mystery how Gorkov avoided arrest, but inside sources suggested it was due to his connections with the Kremlin and the FSB.

Banking Career

Sergei Gorkov's banking career was marked by significant accomplishments and strategic moves. He joined Sberbank in November 2008 as director of personnel.

Gorkov oversaw a major workforce overhaul, reducing the number of employees from 270,000 to 240,000 to increase efficiency and profit. He also led a retraining program that benefited 200,000 employees.

Gorkov's success led to his promotion to deputy chairman of the board of Sberbank in October 2010.

Sberbank

Sberbank was a major player in Gorkov's banking career. He joined the state-owned Sberbank in November 2008 as director of personnel.

Gorkov oversaw a significant overhaul of the workforce, reducing the number of employees from 270,000 to 240,000 to increase efficiency and profit. This restructuring was a key part of his success during his first five years at Sberbank.

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During his tenure, Gorkov also led a retraining program, which benefited 200,000 employees, and introduced an employee evaluation system that led to monthly bonuses for the best employees. This focus on employee development was a hallmark of his management style.

Gorkov was appointed deputy chairman of the board of Sberbank in October 2010 and helped expand the bank's international operations. He oversaw the acquisition of Volksbank of Austria and DenizBank of Turkey, significantly increasing the bank's business reach from two countries to 20.

Gorkov's success at Sberbank caught the attention of the Kremlin, and he was eventually appointed as the head of state development bank Vneshekonombank (VEB) in 2013.

VEB Head

The VEB Head role is a crucial position in a bank's management team. As a VEB Head, you'll oversee the entire bank's operations, making strategic decisions to drive growth and profitability.

You'll need to have a deep understanding of banking regulations, as a VEB Head must ensure the bank complies with all relevant laws and regulations. The VEB Head is responsible for managing the bank's risk, which includes credit risk, market risk, and operational risk.

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A VEB Head typically has a minimum of 10 years of experience in banking, with a strong background in finance and management. The VEB Head reports directly to the bank's Board of Directors, who rely on their expertise to make key decisions.

As a VEB Head, you'll be responsible for developing and implementing the bank's business strategy, which involves setting financial targets and monitoring performance. The VEB Head must also ensure the bank's financial stability and maintain a strong reputation in the industry.

The VEB Head role requires excellent communication and leadership skills, as well as the ability to make tough decisions under pressure.

Personal Life

Sergei Gorkov is a private person, but we do know that he is married to Anna Nikolayevna Gorkova.

Gorkov has three children with his wife: sons Alexei and Nikolai, and a daughter Polina.

His family is an important part of his life, and it's clear that he values his relationships with them.

Meeting with Jared Kushner

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Sergey Gorkov, the Russian banker who allegedly met with Jared Kushner, is the head of VneshEconomBank (VEB), Russia's national development bank.

Gorkov was appointed by Russian President Vladimir Putin to replace long-serving VEB chief Vladimir Dimitriev, a move seen as a show of confidence in his abilities during a time of economic strife in Russia.

He has a background in security and finance, having served as deputy chairman of Sberbank, a state-owned bank, and graduated from the FSB Academy, a prestigious institution in Russia.

Gorkov's selection for the VEB position was reportedly due to his security experience and financial expertise, according to sources close to VEB staff.

He also worked for oil company Yukos in the 1990s, which was later subject to a controversial state repossession in 2003.

Gorkov enjoys a good reputation as a manager, according to his former colleagues, who describe him as a "good, calm manager without excessive FSB qualities."

Despite his closeness to the Russian epicenter of power, Gorkov does not feature prominently in Russia's tabloid press, and his family situation remains unknown.

Gorkov's hobbies include history and cartography.

Angel Bruen

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Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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