Programme

Traditionally there has been more money available to invest in Russian infrastructure than projects ready for implementation, leaving large private banks, insurance companies, and national and international development institutes unable to get a slice of the business. Around RUB 2 trillion in public and private funds could be invested in infrastructure; however, there are a number of reasons why this money is yet to be deployed. What steps should be taken to effectively take advantage of current PPP opportunities and ‘reactivate’ available funds? What new innovative financial instruments could investors utilize? What is holding back private capital?

Moderator:
Albert Eganyan , Chairman of the Board of Directors, InfraONE

Albert Eganyan

Chairman of the Board of Directors, InfraONE

Albert Eganyan is recognised by market participants, regulators, key national and foreign reference guides and ratings as one of Russia’s leading experts on infrastructure investments, PPP and project financing. In recent years, he has been involved in delivery of over four dozen major projects in the road, railway, airport, social, IT, energy and other infrastructure spheres, beginning with the very first PPP projects in Russia. He is a regular speaker at leading sectoral, expert and departmental conferences, boasting a significant number of published works. Since 2011,: co-founder and Chairman of the Board of InfraONE (First Infrastructure Company), specialising in the full cycle of investments in infrastructure projects. In recent years, the company has been among the leaders on the relevant market. Founder, co-owner and Chairman of the Partners’ Board of the national law firm VEGA LEX, a leading consultancy known, among other things, for its projects in the sphere of infrastructure investments and public-private partnership. Author and co-author of a significant part of the federal law regulating various PPP forms. Member of the Expert Board under the Russian Government and the General Board of the All-Russia NGO Delovaya Rossiya (Business Russia). In recent years, he has been a member of the Board of Directors from the Russian Federation of the biggest infrastructure companies, including the so-called special list of strategic enterprises: airports, seaports, financial institutions and many others. He has also represented the interests of Russian regions or biggest private shareholders on the Boards of Directors. He is a member of strategic boards in a number of biggest national infrastructure FSUEs. As a champion of infrastructure development in Russia, he acts as project manager and representative of national and regional authorities and big private companies in implementing various projects and also as an investor in different infrastructure projects.

Panellists
Sergei Belyakov , President, Association of Non-State Pension Funds (ANPF)
Evgeniy Ditrikh , First Deputy Minister of Transport of the Russian Federation
Hemant Kanoria , Chairman, Managing Director, Srei Infrastructure Finance Limited
Mikhail Kuzovlev , Chairman of the Management Board, PJSC ROSSIYSKY CAPITAL
Vadim Mikhailov , Senior Vice President for Economics and Finance, Russian Railways
Sergey Nekrasov , First Vice-President, Gazprombank (Joint - stock Company)
Dmitriy Pankin , Chairman of the Management Board, Eurasian Development Bank (EDB)
Nikolai Podguzov , Deputy Minister of Economic Development of the Russian Federation
Nikolay Tsekhomskiy , First Deputy Chairman of the Management Board, Bank for Development and Foreign Economic Affairs (Vnesheconombank)

Sergei Belyakov

President, Association of Non-State Pension Funds (ANPF)

Born June 26, 1973 in Moscow. 1998: graduated from the Academy of the Federal Security Service of the Russian Federation in law. 1991–1993: served in the Armed Forces of the Russian Federation, border guard troops 1993–1999: studied at the Academy of the Federal Security Service of the Russian Federation; served in the Armed Forces of the Russian Federation 2001–2002: Adviser to the General Directorate of the Reforma International Foundation for Economic and Social Reforms 2002–2008: Chief Specialist, Department of External Relations, Adviser to Deputy General Director, Advisor at the Government and Public Organization Relations Division, OOO Basic Element 2005–2008: Aide to the President of the Russian Union of Industrialists and Entrepreneurs, Deputy Department Director (part time) 2008–2009: Adviser to the Minister of Economic Development of the Russian Federation 2009–2012: Director of the Department for Investment Policy and Development of Public-Private Partnership at the Ministry of Economic Development of the Russian Federation 2012–2014: Deputy Minister of Economic Development of the Russian Federation 2014–2015: Chairman of the Board of the SPIEF Foundation Since 2014: Adviser to the RDIF, Chairman of the Management Board of the National Association of Investment and Development Agencies (NAAIR) Since 2016: President of the Association of Non-State Pension Funds

Evgeniy Ditrikh

First Deputy Minister of Transport of the Russian Federation

Ditrich Evgeny Ivanovich – first Deputy Minister of transport of the Russian Federation, active state Advisor of the Russian Federation, 2nd class. Born September 8, 1973, in the city of Mytischi, Moscow region. In 1996 he graduated from the Moscow engineering-physical Institute on a speciality "Applied mathematics", in 1999 – the Higher school of privatization in the specialty "Jurisprudence". In 1995-1998 - Advisor, Deputy head, head of Department State Committee of the Russian Federation on management of state property of the Russian Federation; 1998-2004 - Deputy head, head of Department, Deputy head of the Department for regulatory and methodological support of the Ministry of property relations of the Russian Federation; 2004-2005 - Deputy Director of Department of the Ministry of economic development and trade of the Russian Federation; 2005-2012 - Deputy head of Federal road agency; 2012-2015, Deputy Director of the Department of industry and infrastructure of the Government of the Russian Federation; 2015-2015, head of the Federal authority of transport oversight. 14 October 2015 - first Deputy Minister of transport of the Russian Federation. Awarded with the gratitude of the Government of the Russian Federation (2009), the badge "Honorary worker of transport of Russia" (2014) other departmental awards.

Hemant Kanoria

Chairman, Managing Director, Srei Infrastructure Finance Limited

A pioneer in the field of infrastructure, Hemant Kanoria has reshaped India's infrastructure landscape with innovative ideas and a strong passion for excellence. "Srei" was conceptualised in 1989 as an initiative marking the entry of private sector in the field of infrastructure, a domain hitherto restricted to public sector. In the last two decades, Srei has been developed into one of India's largest holistic infrastructure institutions with an asset base of around USD 5.5 billion. Hemant's contribution towards inclusive infrastructure development in India has been non-pareil. He is a visionary and a strategist who always believes in offering simple solutions to complex problems. Many of his ideas were first of its kind and created new business sectors. He is known in the country for having unleashed a new wave of rural entrepreneurship. He is also the Trustee of the Kanoria Foundation which, under its umbrella, has entities with a total asset base of about USD 10 billion. The group is at the vanguard of thought leadership in the country, especially in the area of infrastructure development and financing. Hemant has over three decades of experience in industry, trade and financial services. He is currently serving as Board Member in the Indian Institute of Information Technology, Guwahati, Neotia University and New Delhi Institute of Management. He has held several prestigious positions like President of Calcutta Chamber of Commerce, Chairman of the FICCI National Committee on Infrastructure and served on the Board of Governors of Indian Institute of Management, Calcutta (IIM-C) besides being a Member of the Regional Direct Taxes Advisory Committee, Government of India.

Mikhail Kuzovlev

Chairman of the Management Board, PJSC ROSSIYSKY CAPITAL

Born August 8, 1966 in Krasnogorsk, Moscow region. In 1988 graduated from Moscow State Institute of International Relations with a degree in International Economic Relations. Work experience: 1990–1996: Senior Deputy Director and then Vice-President of the Probusiness Foreign Trade Centre 1997: Head of Financial Operations Division and then Vice-Chairman of the Management Board of Commercial Bank Probusinessbank 2000: Senior Vice-President of AKB Probusinessbank 2002: Vice-President of JSC Foreign Trade Bank (Vneshtorgbank) 2004: Chairman of the Management Board of ZAO KB GUTA-BANK (later renamed as VTB-24) 2005–2008: Chairman of the Board of Directors of Russian Commercial Bank (Cyprus) Ltd (Cyprus) 2008 – April 2011: Senior Vice-President and Chairman of the Management Board of OAO Bank VTB 2011–2015: President and Chairman of the Management Board of JSC Bank of Moscow 2015 – CEO of ROSSIYSKY CAPITAL Bank Public activity: Vice-President of the Russian Union of Industrialists and Entrepreneurs Member of the Public Council of the Ministry of Finance of the Russian Federation Member of the Presidential Council on the residential policy and residence accessibility. Fluent in English and Persian.

Vadim Mikhailov

Senior Vice President for Economics and Finance, Russian Railways

Born in 1969 in Michurinsk in Tambov region, Vadim Mikhailov graduated in 1992 from the State Financial academy with a degree in finance and credit. From 1992-2003, he worked at auditing firm Arthur Andersen starting as an economist before becoming director of the firm’s bank audit department. From 2003 to August 2009, he served as Director, then Managing Director of Ernst & Young Business Consulting Ltd.

Sergey Nekrasov

First Vice-President, Gazprombank (Joint - stock Company)

Sergey Nekrasov joined Gazprombank as a First Vice President in September 2011. In his current position as a First Vice President he is supervising Department of Project & Structured Finance. Before joining Gazprombank, Sergey had been working at OAO LUKOIL for ten years as Head of Financial Institutions & Capital Markets Department where he was responsible for the whole external debt portfolio of LUKOIL Group as well as for work with rating agencies. Prior to OAO LUKOIL Sergey worked at ABN AMRO Bank (Moscow) as Vice President & Co-Head of Oil & Gas Group. Prior to ABN AMRO Bank Sergey worked at ABB Project & Trade Finance (Zurich) Company from 1995 to 1998 as Associate Vice President, and from 1991 to 1995 – at Russian Project Finance Bank. Sergey is the member of the Board of Directors of Gazprombank (Switzerland) Ltd, and also Independent member of the Board of Directors of Zarubezhneft. Sergey has a degree from Lomonosov Moscow State University and London Business School.

Dmitriy Pankin

Chairman of the Management Board, Eurasian Development Bank (EDB)

The Chairman of the Management Board manages the operations of the Bank and the Management Board in compliance with the Bank’s Charter. The Chairman of the Management Board is elected for four years. The Chairman is answerable to the Bank’s Board regarding resolutions, organization of the Bank’s activities and the Bank’s performance. The competences of the Chairman of the Management Board are specified in the Bank’s charter. Dmitry Pankin graduated from the Political Economy Department of the Leningrad State University named after Andrey Zhdanov, and is a candidate of economics. He had professional development courses at Bocconi University in Milan and the City University Business School in London. In 1999-2000, Dmitry Pankin headed a department at RAO UES of Russia. In 2000-2003, he chaired the Board at the St. Petersburg Bank for Reconstruction and Development. In 2004-2011, he worked as Deputy Director and then Director of the Department for International Financial Relations, Public Debt and Public Financial Assets at the Russian Ministry of Finance, and then as Deputy Minister of Finance. In 2011-2013, he headed the Federal Financial Markets Service of the Russian Federation. In 2013-2015, Dmitry Pankin was Deputy Minister of Finance of the Russian Federation. On 6 February 2015 he was appointed as the Chairman of the Management Board at EDB. Dmitry Pankin was awarded the Second Class Medal of the Order for Merit to the Fatherland in 2007 and the Order of Friendship in 2011, and received acknowledgement letters from the President and the Minister of Finance of the Russian Federation. Dmitry Pankin is an active First Class State Counsellor of the Russian Federation.

Nikolai Podguzov

Deputy Minister of Economic Development of the Russian Federation

Born on May 29, 1974 in Leningrad. In 1997 graduated from Saint-Petersburg State Technical University; in 2000 graduated from Moscow State Institute of International Relations (University) of the MFA of Russia. In 2000-2003 had been working in various positions (leading specialist, main specialist, consultant of the department) of Ministry of Finance of the Russian Federation. 2003-2006 - Vice President of Investment Bank Trust JSC. 2006-2010 - Vice President, Director of Department of Renaissance Capital LLC - Financial Advisor. 2010-2012 - Head of Department, Head of Office of VTB Capital. 2012-2013 - Deputy Director of the Department of Economy and Finance of the Government of the Russian Federation. Since September 24, 2013 - Deputy Minister of Economic Development of the Russian Federation.

Nikolay Tsekhomskiy

First Deputy Chairman of the Management Board, Bank for Development and Foreign Economic Affairs (Vnesheconombank)

First Deputy Chairman – member of the Board. Born on March 21, 1974, in Leningrad. Professional education background: in 1995, 1996, St. Petersburg State Academy of Engineering and Economics, qualification – bachelor of management, manager economist, speciality - management, economics and management in engineering. Science degree PhD in Economics, 22.06.1999. Employment record: in 1995-1998 - Economist, Economist/Auditor, and Expert/Auditor at Ernst & Young (St. Petersburg and Representative Office of Ernst & Young (CIS) Ltd. In 1998–1999 – Accountant, Chief Accountant at Representative Office of Brunswick Warburg (Cyprus) Limited. In 1999–2002 – Financial Controller, Financial Director of Renaissance Capital Investment Group. In 2002–2005 – Chief Financial Officer, Vice President for Finance and Investments at Mobile TeleSystems OJSC. In 2005-2009- Senior Vice President,Member of the Executive Board at Vneshtorgbank OJSC (from01.03.2007 was renamed as Bank VTB OJSC). From November 2009 to December 2011 - Chairman of the Executive Board of Barclays Bank LLC. In 2012-2016 - Adviser to the President of Sberbank of Russia. Vice-President – Director of the Finance Department of Sberbank, Senior Vice-President and Director of the Finance Department of Sberbank of Russia (from 14.08.2015 was renamed as PJSC Sberbank). From March 2016 – Adviser to Vnesheconombank Chairman. From April 2016 – Vnesheconombank First Deputy Chairman.

Mikhail Kuznetsov , General Director, Siberian Energy Investments Ltd
Sergey Tishchenko , Chief Executive Officer, Expert RA

Sergey Tishchenko

Chief Executive Officer, Expert RA

Born in Moscow in 1959. Graduated from the Red Banner A.F. Mozhaisky Military Engineering Institute with a first-class degree in “Radiotechnical systems and monitoring systems”; CSc (Tech. Sc.); 1995: received a master’s degree in economics from the National Research University Higher School of Economics. 1976 to 1993: served in the army. 1994 to 1998, worked at Inter-industry Commerce Bank, rising from the position of expert to that of Senior Vice-President. 999: qualified as an auditor in bank auditing. Throughout his working career, Mr. Tishchenko has worked as a top manager in financial institutions, the banking and insurance business, including at OAO Mosbiznesbank, ACB Moseximbank, OAO RNCB, OOO Lizingbiznesprom, Standart Reserve insurance company, MSK insurance company, Stolichnaya Insurance Group holding and Ingosstrakh-Zhizn insurance company. His previous place of work was AO Soyuz Bank, where he was Chairman of the Board. Since February 2, 2016: General Director of RAEX (Expert RA) Rating Agency