| Andrew
Somers, President Andrew B. Somers became President of the American Chamber of Commerce in Russia in December 2000, bringing with him 25 years of corporate and entrepreneurial experience in Russian and American business, legal and political environments. From 1989-1995, Mr. Somers was Executive Vice President, General Counsel and member of the Board of American Express TRS Company, with operations in over 70 countries and generating most of the revenue of the American Express group of companies. Mr. Somers was also special adviser to the Chairman of the Board of American Express Company on the Russian market. From 1973 to 1989, Mr. Somers held legal positions for American Express in New York and London. Subsequent to his corporate career Mr. Somers formed his own consulting firm. He made extended business trips throughout the Russian Federation and gained extensive knowledge of the Russian marketplace. He successfully negotiated with regional Russian authorities to secure federal intervention against local regulatory obstacles. His firm organized development ventures among international hotel companies, construction and architectural firms and local governments, providing clients with practical and legal advice on overcoming barriers to foreign investment. Mr. Somers also maintained his own law firm in New York, advising both the U.S. State Department and private clients on commercial and legal issues involving the U.S. and Russian interests. He received his law degree from Columbia University and a Master’s Degree in Russian History from Columbia University's Harriman Institute. |
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| Dr.
Ghadir Abu Leil Cooper, EMEA Equity
Investment Manager, London Market Responsibilities: Russia, Israel, Morocco,
Egypt, Jordan. Ghadir joined Baring Asset Management as a senior investment analyst and she has become an Investment Manager with responsibility for research and stock selection within the Emerging Europe, Middle East and Africa region. She joined the firm from BZW Asset Management, where she specialized in the Middle East, North Africa and Latin America. Ghadir has a BSc and a PhD in theoretical physics from Durham University and is fluent in Arabic. |
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| Kevin
Foo, Managing Director MIMM, C.Eng. Kevin is a graduate in metallurgy from the Ballarat School of Mines and holds an MSc and DIC from Imperial College. He has a 30 year career in the resources sector, encompassing technical, operational, project management and running public companies including Aberfoyle Limited, Minproc Engineers and Bakyrchik Gold Plc. He has worked in five continents including 12 years in Kazakhstan and Russia, and is a specialist in development of mines in Russia and Central Asia. |
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| Sergey
Pakhomov, Sergey B Pakhomov graduated from Voronezh State University with a degree in English language & history in 1975. He continued with post graduate studies between 1976 and 1979. Mr. Pakhomov then spent the next twelve years in scientific research, consisting of Western economic history and the Western financial and banking system, in different research institutions. In 1992 - 1993 he worked as a consultant for International Banking and Finance and in 1993 he moved on to be Director of Investment Department for the Russian National Commercial Bank. In 1995-1997 Mr. Pakhomov was Director of Investment Division and Director of Treasury Division in Moscow Bank for Reconstruction and Development. Mr. Pakhomov started his work in State Debt Committee of the City of Moscow (former Moscow Municipal Debt Committee) in 1997 as First Deputy Chairman, and in 2000 was appointed the Chairman of the Committee. |
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| Svetlana
Le Gall-Voronova,
Vice President, Svetlana joined Clariden Bank in 1998 as an analyst and portfolio manager covering Eastern Europe. Previously, she worked in management consulting on privatization and at the Kazakhstan Stock Exchange. She graduated in International Finance at the HEC Business School in Paris. |
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| Noreen
Doyle, First VP, Banking, As the EBRD’s top banker, Ms Doyle is responsible for banking operations, chairing the Operations Committee, which reviews all projects before Board consideration, as well as helping to shape the Bank’s overall strategy and management. She serves on the Executive Committee, chaired by President Jean Lemierre. Ms Doyle, who joined the EBRD in 1992, had been Deputy
Vice President, Risk Management, overseeing credit, market and operational
risk of the Bank’s portfolio of assets. In addition, she had
responsibility for the cofinancing function for commercial loans
and equity investments of the Bank, and for EBRD relationships with
international banks and financial institutions. Prior to joining EBRD, Ms. Doyle spent 18 years at Bankers Trust Company in London, New York and Houston. Ms Doyle holds a B.A. from the College of Mount St. Vincent in New York, and an M.B.A. from the Amos Tuck School of Business Administration, Dartmouth College, New Hampshire, where she currently is a member of the Board of Overseers. Ms Doyle holds US and Irish citizenship. |
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| Dr.
Ian Bremmer, President, |
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| Peter
Bakaev, Division Head of Capital
Markets Biography to follow. |
| David
Stewart, CFO David Stewart has been appointed as Chief Financial Officer for Golden Telecom in October 2001. Mr. Stewart joined Golden Telecom as Finance Director of TeleRoss in 1996. Since that time David Stewart has served as Finance Director of the other companies of Golden Telecom Group: ROL Holding, Cityline, PTK and KIS. Prior to joining Golden Telecom, Mr. Stewart worked in Audit Department of Ernst & Young offices in Australia and Russia. David Stewart graduated from Melbourne University of Commerce in 1987 and is a member of the Institute of Charted Accountants in 1989. |
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| William
F Browder, Founder and CEO William F. Browder, 39, Chief Executive Officer, Hermitage Capital, Moscow, Russia 011-7-095-2583160. For the past seven years, William Browder has been running Hermitage Capital Management, the leading international asset management firm, specializing in the Russian financial markets, which currently manages approximately $900M. Mr. Browder started Hermitage Capital in 1996 in partnership with the late Edmond Safra. In 1997, Hermitage Fund was ranked “Best Performing Fund in the World” by Micropal and “Best Russian Fund” by Lipper (1997-1998). In 2001 Nelson ranked Hermitage Fund as the best performing emerging market fund in the world over the previous five years. Mr. Browder’s position on corporate governance practices in Russia has made him a leading shareholder rights activist and outspoken fighter for better corporate governance. He serves as a member of the OECD/World Bank roundtable on Corporate Governance in Russia, and often reports on shareholder rights issues to international financial institutions. He was named a Global Leader of Tomorrow at the World Economic Forum in Davos 2001, a Henry Crown Fellow at the Aspen Institute and is a regular speaker at Bloomberg, CNBC, Euromoney conferences and serves as a Russia expert to FT, Wall Street Journal and New York Times. Prior to starting Hermitage, Mr. Browder was a Vice President at Salomon Brothers where he managed the firm’s proprietary investments in Russia. Before that, he was a management consultant within the East European practice of the Boston Consulting Group in London. He received an MBA from Stanford Business School and a BA in Economics with highest honors from the University of Chicago. |
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| Marcin
Wiszniewski, Fixed Income Strategist Marcin Wiszniewski is Fixed Income Strategist at Morgan Stanley in London responsible for Eastern Europe Middle East and Africa. He has been with Morgan Stanley emerging markets team for six years. He joint Morgan Stanley Moscow office in 1997 to help Russia research effort and in 1998 he relocated to London to gradually assume broader responsibilities. The research team that Marcin is a part of was ranked 3rd for Emerging Markets by Euromoney in 2002, 1st for European Emerging Markets research in Credit Magazine’s 2001 poll and 2nd in the 1998 Russian Institutional Investor poll. Marcin obtained MA in Economics from Poznan University of Economics (Poland) |
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| Yevgeny
Yakovlev, General Director Yevgeny Yakovlev is General Director of the Power Machines Group from 2000. In 1981, he graduated the Moscow Finance Institute in foreign economic relations. For seven years he took different positions at Bank for Foreign Trade of the USSR and then at USSR Vnesheconombank. Since 1990 he was working abroad for 6 years at Eurobank in Paris and at the European Bank for Reconstruction and Development in London. In 1996-1999, Mr. Yakovlev was Chairman of Board of Directors at North-West Shipping Company, in 1997-1998 – First General Deputy Director at RAO Norilsk Nickel, in 1999-2000 - General Director of LMZ-Engineering. He speaks fluent English and French. Mr. Yakovlev was born in Moscow on 10 December 1958. |
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| Mattias
Westman, Director and Chief Investment
Officer, Mattias Westman is a founding partner of Prosperity Capital Management. He is the principal Fund manager for The Russian Prosperity Fund, The Prosperity Cub Fund and The Prosperity Quest Fund. As a founding partner of PCM, Mr. Westman is based in Moscow with the investment team. He is a member of the Board of Directors of Lenenergo, St. Petersburg's regional power utility, and a co-founder/deputy chairman of the Investor Protection Association of Russia. Prior to funding Prosperity Capital Management, Mr. Westman set up the Russian department of Alfred Berg FK, an investment bank, now part of ABN Amro Equities. He has also worked as an institutional salesman for the brokerage Hagstromer & Qviberg. He also carries experience from the Russian desk of the Swedish Ministry of Foreign Affairs. Mr. Westman features regularly as a commentator and writer on the Russia/NIS markets in publications such as International Herald Tribune, Financial Times and BusinessWeek. Mr. Westman has a Master of Science in Business Administration and Economics from the Stockholm School of Economics. He is fluent in Russian and lives in Moscow with his family since 1997. |
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| Viatcheslav
Sinyugin, Deputy CEO, Born on September 23, 1969. Graduated from the Legal Department at Omsk State University (1993), finished a postgraduate course at St. Petersburg University (1997) with a degree of Candidate of Legal Sciences. Attended several western educational institutions, including Florida State University in 2000 on a program for electric energy sector restructuring and the IMD Business School in Switzerland in 2001. Attended an advanced training course at the Moscow Power Engineering Institute. Taught at the Legal Department of Omsk State University
and headed the Omsk Regional Division of the Russian Federal Securities
Commission. |
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| Konrad
Reuss, Managing Director –
Sovereigns Group, Konrad J. Reuss is managing director of Standard & Poor's sovereign ratings group. Based in London, he heads the London team of analysts that evaluate the credit standing of sovereign governments, sovereign-supported issuers and multilateral lending institutions in Europe, Middle East and Africa. Prior to joining Standard & Poor's in 1993, Mr. Reuss worked for seven years at Deutsche bank AG, Frankfurt. Mr. Reuss holds an M.Sc. (Econ) degree from the University of Wuerzburg, Germany. |
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| H.
Howard Cooper, Executive Chairman H. Howard Cooper has been Chairman of Teton Petroleum Company (AMEX:TPE) since 1996. The company has been producing and exporting oil with its Russian partner in Western Siberia since 1997. Teton’s Siberian operations currently produce 1,800 barrels net to the company per day from their joint lease on the Eguryak license, which is located ten miles north of the super giant Samotlor Field. Mr. Cooper has a finance degree from the University of Colorado and a Master’s Degree from Columbia University in New York City. He has been involved in Russian-American business activities for over 20 years and been working in the oil and gas industry for the past 25 years. Prior to Teton, Mr. Cooper worked for American International Group in New York evaluating potential oil projects in Russia. After leaving AIG, he became a partner of Central Asian Petroleum in 1993, which developed the Karakuduk field in Western Kazakhstan. |
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| Alan
Bigman , VP & Head of Corporate
Finance Alan Bigman has been Vice President and Director of Corporate Finance at TNK since 1998. Alan is responsible for TNK’s debt portfolio and capital markets activities. Over the last five years, TNK has raised billions of dollars in debt financing for growth and strategic acquisitions, including the purchase of Onaco in 2000 and Slavneft in 2003. Most recently, Alan was responsible for TNK’s debut $700 million eurobond. Prior to joining TNK, Alan worked for Access Industries, where he managed the purchase of the Bogatyr coal mine, one of the largest of its kind in the world, and was seconded as Advisor to the CEO Unified Energy Systems, where he secured that company’s first Western bank financing. Alan also worked for the International Finance Corporation, where he led the Nizhny Novgorod Technical Assistance Team in implementing the first collective farm reform program in Russia. Alan has an MBA with High Distinction from Harvard Business School and a BA in Economics from Yale University, and has also done graduate work in Economics at Moscow State University. He speaks fluent Russian and resides in Moscow with his wife. |
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| Derek
Weaving, Director of Utilities Research, Derek Weaving, Director of Utilities Research at United Financial Group – Russia’s Leading Independent Investment Bank – is one of the leading experts in the oil, gas and utilities sectors in Emerging Markets, consistently ranked in the top three analysts in global independent surveys. Mr. Weaving specializes in Russia, and is a regularly-featured media commentator on Russian utilities. Mr. Weaving’s extensive experience as both an investment banker and a senior advisor to major Russian companies, including UES and YUKOS gives him a unique insight into the utility sector. He also acted as a strategic consultant to both the Moscow City Government and National electricity Regulatory Commission. Before his appointment as Director of Utilities Research at United Financial Group in October 2002, Mr. Weaving held the same position with Moscow-based ATON Capital. Prior to that, he was Head of Emerging Europe Energy Research for Deutsche Bank for four years (1997-2001). Mr. Weaving has been a senior advisor to leaving Russian businessmen: advising Anatoly Chubais, the CEO of UES, on general restructuring of UES; and YUKOS CEO Mikhail Khodorkhovsky on investor relations. Mr. Weaving joined Deutsche Bank from KPMG, where he ran a broad range of management consulting projects, focused on the energy sector, as CEO of KPMG’s International Energy Group. Mr. Weaving has also held a senior diplomatic post at the Embassy of Great Britain in Moscow |
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| Stephen
O’Sullivan, Head
of Research, Mr. O’Sullivan has over 20 years experience in the energy industries, the last ten of which have been focused on Russia. Mr. O’Sullivan joined UFG in 1998 from MC Securities, where he was Head of Research covering the oil, gas and utility sectors in Russia, Ukraine and Eastern Europe. He is a regular speaker at conferences and industry gatherings and has advised a number of major oil companies on investment strategies in Russia. Mr. O’Sullivan worked for five years as an energy consultant in Russia, Central Asia, the Far East, the Middle East and Southern Africa. His work involved the valuation and privatization of state oil companies in China, South Africa and Israel, as well as economic evaluations of oil and gas investments in Siberia, the Volga-Urals region and Kazakhstan. He spent three years with the French oil company Total on exploration and natural gas activities in Europe and five years with BP as an oil trader, economist and corporate planner on Asia. Mr. O’Sullivan was ranked the number 2 Emerging Europe oil and gas analyst in 1996, 1997 and 1998, his research team was rated number 3 in Emerging Europe in 1996 and number 1 country team in 1997. Moreover, it was ranked no. 2 in the Extel survey of Russian brokerages in 2001. Since Mr. O’Sullivan joined UFG, the research team has been ranked number 2 in Russia by Extel and by Institutional Investor in 2000, 2001 and 2002. It is also the top-ranked firm in the 2002 NAUFOR Survey of Russian research. He has been ranked the most influential foreign analyst on the Russian market and the number 3 oil and gas analyst across the Emerging Europe, Middle East and Africa region. Mr. O’Sullivan received a BA in Economics from the University of Southampton in 1981. |
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| Christof
Rühl, Chief Economist, Russia Country
Office, Christof Rühl joined the World Bank as a Senior Economist in 1998 and became Chief Economist of the World Bank's Russia country department in February 2001. In 1996 he joined the Office of the Chief Economist at the European Bank for Reconstruction and Development (EBRD) in London as a Principal Economist. Previosuly Mr. Rühl worked in academia: From 1991, he was Assistant Professor at the Economics Department of the University of California at Los Angeles (UCLA), and earlier held positions as Research Associate at the universities of Bremen (1986-88) and Hohenheim in Stuttgart, Germany (1988-91). Mr. Rühl, a German national, graduated in economics from the University of Bremen. Over the years, he also accepted visiting positions at various universities and research institutions, among them the Graduate School of Business at the University of Chicago (1997), the University of Western Ontario, Canada (1995), the Institute for Advanced Studies, Vienna (1994), and the Central European University in Prague and Budapest (1994-96). He has published a number of books and numerous articles. His areas of specialization are macroeconomics, monetary economics, and the economics of the transition from central planning. |
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