Andrei Borodin’s profile picture

Andrei Borodin

Andrei Borodin’s profile picture
Net worth 2018: $1 Billion
Industry: Finance
Country: Russia
BirthDay: 24 May 1967
Sigh: Gemini
Children: 3
Education: Bachelor of Arts / Science, Moscow Institute of Finance

Andrei Borodin was bornon 24 May 1967 in Russia. Bank of Moscow president in tussle with state-owned VTB bank. In February, VTB approved a gradual acquisition of 100% of shares in Bank of Moscow; began with purchase of a 46.48% stake held by the Moscow government, added 17.3% owned by Stolichnaya Insurance Group. VTB's move to acquire Goldman Sachs 3.88% stake being fought by Borodin in London courts; appeal set for mid-March. The Moscow Institute of Finance graduate was appointed adviser to Moscow mayor Yuri Luzhkov at 27.


$1 Billion


$1 Billion


On 13 May 2015 it was reported that a Russian Court had ordered the seizure of Andrei Borodin's Park Place mansion in Henley-on-Thames


Speaking to Vedomosti newspaper on 1 March 2013, he said he had been granted political asylum in the UK "a few days ago" after his lawyers submitted a request


In August 2012 Borodin bought Park Place, Britain’s most expensive house, near Henley-on-Thames, and paid £140 million ($219 million) for it


Therefore, the international auditors have drawn the same conclusions as those from the Bank of Russia audit conducted in March–July 2011


As a result of transactions with the securities from October 2010 through March 2011, the control over City Insurance Group passed to an offshore company, which caused a 1,708,635,380-rouble damage to the Bank of Moscow and its affiliates


According to the investigator, Borodin and Akulinin, in 2008 through 2011, using their office position, arranged the transfer of at least 7


Under the political patronage of Luzhkov and the leadership of Borodin it weathered the crisis of 1998 and subsequently grew rapidly from a local bank largely serving the City Government to a national bank with a greatly enlarged client base and offering a broad range of services


What became one of the biggest players in Russian banking began as a six-person operation founded in 1995 by the Moscow City Government, which originally held a 51% stake


He left Dresdner Bank in late 1993 and in March 1994 started working for the Government of Moscow as an economics and finance adviser to the Mayor of Moscow, Yury Luzhkov


In 1991, following service in the KGB Border Troops from 1985–87, Borodin graduated in International Economics and Finance from the International Economics Department at the Moscow Finance Institute


From 1989 to 1990 he was a visiting student at the University of Passau, Germany


Andrey Fridrikhovich Borodin (Russian: Андре́й Фри́дрихович Бороди́н; born Moscow, 24 May 1967) is a Russian financial expert, economist and businessman who until 2011 was President of Bank of Moscow

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