Armen Posted August 3, 2004 Report Share Posted August 3, 2004 Vardanian Ruben K. President, Troika Dialog Group, Russian Federation Troika Dialog Group Founded in 1991, Troika Dialog is a full-service investment bank offering financial solutions to domestic and foreign clients on Russian capital markets. Provides financial advisory services on merges and acquisitions, the issuance of equity and debt and structured investment. The firm had played a formative role in developing the Russian Stock Market. Brokerage offices include: Samara; Nizhni Novgorod; Rostov-on-Don; Yekaterinburg, St Peters and a fully operational office in New York. Personal Profile: Studies in Econ., Moscow State Univ.; exec. education, Harvard and INSEAD; 1991, Associate Executive Director and COO; since 1996, President and CEO, Troika Dialog; 2002, appointed CEO, Rosgosstrah. Member, Board of Directors: Troika Dialog Group, Russian Trading System. Chairman: Supervisory Board, Troika Dialog Asset Management; Russia Chapter, YPO; Coordination Board, Armenia 2020 Project. Member: Board Bureau, Russian Union of Industrialists and Entrepreneurs; Russian Corp. Competitiveness Council. Head, Corp. Governance Cttee. Arbitrator, Corp. Ethics Cttee. Head, working group on energy sector reform. Quote Link to comment Share on other sites More sharing options...
Armen Posted August 3, 2004 Author Report Share Posted August 3, 2004 Ruben Vardanian, President of Troika Dialog has been named as “Investment Banker of the Year – 2003” in Ros Business Consulting’s annual “Person of the Year” award. The award ceremony is to be held in the Kremlin’s Patriarch’s Palace today. Established by Ros Business Consulting in 2001, the award aims to acknowledge prominent individuals who make a significant contribution to national, social, commercial and political development in Russia or who promote the country’s integration into the international community. The winners are chosen by a panel consisting of prominent figures in society, government officials and heads of local companies and media organizations. The main selection criteria are an individual’s achievements, professional qualities and contribution to a particular company, sector and the country as a whole. Quote Link to comment Share on other sites More sharing options...
gamavor Posted August 3, 2004 Report Share Posted August 3, 2004 Wow, that's a CV that even I cannot beat! I read about this guy and his business mind really made me feel GOOD! As far as I remember he was listed in Forbes' one of the best CEOs for 2002. Besides that he is in the first 10 chart of Russia's nuevo reach, I guess. Quote Link to comment Share on other sites More sharing options...
Armen Posted August 3, 2004 Author Report Share Posted August 3, 2004 http://www.agbu.org/agbunews/display.asp?A_ID=78 Ruben Vardanian: Navigating Russia's Business World Moscow Hrag Vartanian Frankfurter Allgemein Zeitung newspaper called him "A Patron Saint for Investors in Russia," not bad for 34 year-old Ruben Vardanian who heads the investment bank, Troika Dialog. Troika is considered one of the top credit institutions in Moscow and Vardanian's knowledge of the country's corporate world is supposedly unparalleled. Born in Armenia, he studied economics and finance at Moscow University, interned at Merrill Lynch in New York and then chose to settle in Moscow. He founded Troika Dialog with an American who ran the commercial banking wing, which eventually went bankrupt, as opposed to Vardanian's investment banking arm which experienced exponential growth. He exploded the initial investment of $35,000 to $36 million. Last year, his firm netted five million dollars. While the organization is headquartered in Moscow, it has branches in most large Russian cities and employs 355 people. Vardanian owns 10% of the bank, while the Bank of Moscow and the Opel family of Switzerland are also major shareholders. His firm was one of the first to trade domestic Russian shares and he is still working to stabilize a Russian industry that even makes experienced investors weary. Then there’s insurance. His play: the $40 million purchase of a 49% stake in Rosgosstrakh, the Soviet-era monopoly provider of insurance, with a nationwide network of 2000 branches. Greater stability, Vardanian notes, has lots more Russians buying life insurance, its highest-margin product and a new law making auto insurance compulsory. He’s been named businessman of the year by the U.S. Chamber of Commerce in 1999 and Fortune magazine anointed him one of the world's 25 leaders of the new generation in 2001. He is also on the Board of Directors of the Russian National Symphony and last year sponsored the orchestra’s performance at New York’s Carnegie Hall. Recently, magazines have started to wonder how long Troika will be able to resist the reach of Russia's powerful businessmen—but against all odds Vardanian retains his independence. Quote Link to comment Share on other sites More sharing options...
Armen Posted August 3, 2004 Author Report Share Posted August 3, 2004 As far as I remember he was listed in Forbes' one of the best CEOs for 2002. Yup, that's right. But I don't think he is in the first 10 chart. I don't think he has more than a billion at present. He has earned it by 10 years of hard work in financial and insurance market unlike those oil oligarchs. Quote Link to comment Share on other sites More sharing options...
gamavor Posted August 4, 2004 Report Share Posted August 4, 2004 I don't think he has more than a billion at present. Poor guy.... Only in Russia babe.. Quote Link to comment Share on other sites More sharing options...
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