Yuri Alekseevich Soloviev is a financier and currently first deputy president and chairman of the VTB Bank Management Board. In 2008, Soloviev was the first Russian banker to be included among the top 10 investment bankers on Financial News's annual list of the 100 most influential people on the European capital markets. He is also part of the Management Personnel Pool under the patronage of the President of the Russian Federation.
Biography
Yuri Soloviev was born on 13 April 1970 in Ulan Bator. He graduated from the Plekhanov Russian University of Economics with a degree in international economic relations in 1994. In 2002, he gained his MBA from the London Business School. In 1994, Soloviev started working as a dealer at Incombank, where he later became the senior dealer in the International Market Transactions Department of the Currency and Foreign Transactions Division. In 1996, he moved to Lehman Brothers in London. In less than seven years, Soloviev rose from being an analyst to executive director of the Emerging Markets Department. In 2002, he joined the London office of Deutsche Bank AG as a director, heading up the Department of Transactions on Eastern European Markets. Soloviev returned to Russia in 2006, where he took up the position of head of the investment unit and first deputy chairman of the management board. From September 2006 to February 2008 he was an independent director at Synterra. In 2008, he became head of VTB Group's investment business and president of VTB Capital. In April of the same year, he was made an independent director at Eurotech, while from February to June he was chairman of the board of directors of DB Development. From 29 June 2010 to 29 June 2012 he was a member of the board of directors of Federal Grid Company. Since May 2011, Soloviev has been first deputy president and chairman of VTB Bank's Management Board. That year, the bank achieved a record net profit of RUB 90.5bn and was the leading bank on the domestic bond loan market. To this day, VTB remains the most successful Russian investment bank. In the same year, Soloviev was placed first place in Forbes magazine's list of Russia's Richest Managers. From June 2012 until June 2014 he was a member of the board of directors of United Aircraft Corporation. Since January 2013, he has been a member of the board of directors of VTB Insurance. In April 2014, he was appointed chairman of the board of directors of T2 RTK Holding, a position he still holds. According to the Panama Papers, Soloviev is a Quillas Equities SA's shareholder.
Views and public position
In 2009, Soloviev was one of the founders of the annual VTB Capital “Russia Calling!” Investment Forum. As part of the World Economic Forum's global leadership programme, he was awarded the title Young Global Leader between 2009 and 2014. Soloviev is a member of the board of trustees of the Plekhanov Russian University of Economics.
Awards
Order of Honour – for making a significant contribution to the development of the Russian economy, strengthening the position of Russia in the global oil and gas industry and successfully resolving tasks to improve the investment climate in the Russian Federation.
