VTB President and Chairman Andrei Kostin: biography, family, career

It is very important for the Supreme apparatus of Russia for the development of the country to have people in its structures who are able to analyze, strategically think, manage people, and at the same time defend the interests of the motherland. One of these leaders is Kostin Andrey Leonidovich - the real president of VTB, whose activities far go beyond the scope of his post. His track record and good deeds indicate that he is a true professional in his field, a patriot and a good family man.

Banker Biography

The birthplace of Andrei Kostin is the capital of Russia - Moscow. In this city on September 21, 1956 he was born. His father worked for a long time in the Central Committee of the CPSU. At the same time, he used a scientific approach to a number of issues on the country's economy, which in a certain way influenced the formation of his son as an individual.

In childhood, in addition to general education, the boy attended violin lessons. His dream was to study well and in the future to receive the title of academician of sciences. It was the craving for knowledge and the desire to achieve goals, as well as his father's participation in shaping Andrey's worldview that contributed to his successful career.

After graduating from school, in 1973, the young man becomes a student at Moscow State University. M. Lomonosov. He was interested in the field of finance, therefore, to implement his life plans, he chose the Faculty of Economics.

Moscow State University

Career

After an excellent graduation, Andrei Kostin received a referral to the Consulate General of the Soviet Union in Australia as an international economist. He stayed in Sydney until 1982. Further activities of the financier took place in the European Department of the Ministry of Foreign Affairs, where he worked for a total of 5 years (1982-1985 and 1990-1992). The interruption of the labor process in this department was connected with a trip to the UK, where he served as an employee of the USSR Embassy.

In 1992, a new era of banker activity began: he went into the business sphere. And the first organization, for the benefit of which Kostin A. L. worked, was the Russian Investment and Financial Company. There he was engaged in the debts of the USSR, in particular the development and implementation of schemes aimed at minimizing them.

A year later, the economist moved to Imperial Bank, where he managed foreign investments, and in 1995, his National Bank of Reserve became his place of work.

1996 was a turning point in the career of A. L. Kostin. It was from this moment that the financier's activity moved into the political channel. His candidacy was approved when choosing the chairman of Vnesheconombank, and by decree of the President he was appointed to this leading position. At that time, this commercial institution was identified as an agent of Russia, responsible for working with the country's assets and debts. It was this area that went under the responsibility of the manager.

In 2011, A. Kostin’s childhood dream came true in part: in his track record appeared the defense of a dissertation and the desired academic degree of a candidate of economic sciences.

The entire biography of Andrey Kostin (VTB) is full of leadership positions: member of the board of directors, board of trustees and supervisory boards of various organizations, the company's presidium, board of directors, etc.

Such a list testifies to his outstanding mind, strategic thinking, leadership qualities and organizational abilities.

Successful career Kostina A.L.

VTB in the life of an economist

After a failed attempt by the country's top government to reunite Vnesheconombank and Vneshtorgbank, A. Kostin (together with part of the team) moved to VTB as president and chairman of the board.

During the leadership of Kostin, 2 subsidiaries of this commercial structure were created: VTB 24 and VTB North-West, and the dominant company entered the international level. The work of the banker in this organization was and is so effective that in 2017, his authority in this structure was extended for another 5 years.

An official biography of Andrei Kostin at VTB testifies to his professionalism: according to a study by Forbes magazine in 2011 and 2013. The banker was recognized as the highest paid manager in the Russian Federation. His income, according to the publication, amounted to $ 37 million.

Commercial Bank

Work in multitasking mode

The scope of the economist was not limited to banking. In 2006, he headed the Russian Gymnastics Federation, thanks to his vast experience of the board, he became one of the collegial leaders of Rosneft.

In 2007, Kostin became a member of the management of Russian Railways, although after a while he decided to give up his authority in order to devote himself entirely to the development of VTB.

And it paid off: for his knowledge, high professionalism, and skillful management of the company, banker Andrei Leonidovich Kostin took second place in the ranking of Russia's most influential financiers.

Due to the fact that he has a lot of experience that he can transfer to future economists, the businessman was appointed to the post of director of the Graduate School of Management at St. Petersburg State University.

The significance of Kostin’s personality is so great that the US Treasury Department included the banker in the so-called. The Kremlin List, consisting of individuals close to the President of Russia. The sanctions of the western state have been introduced against the participants in this list, which indicates a high level of their influence in the political and international arena.

Influential people

Awards

The economist's activity has been repeatedly recognized by the country's top leadership. The biography of Andrey Kostin (VTB) contains many facts of the banker's distinction between the authorities: three times the Order of Merit for the Fatherland (IV-II degree) in the period from 2006 to 2016, the Order of Honor, Diploma and thanks from the state apparatus. In particular, the Government noted the financier for his personal contribution to the development of the banking system.

Andrei Kostin has done a lot of good not only for the homeland. His track record is also adorned with the Order of Merit, awarded to him by the French authorities in 2007.

Charity

In addition to areas related to the financial development of the country, a well-known economist supports the sphere of art. It is a known fact that the banker gave the State Museum-Reserve a breakfast service owned by the wife of Alexander III, Empress Maria Fedorovna. In 1930, he was taken out of the country as a result of the sale. Andrei Kostin A. L. bought this item of tableware at an auction and returned it to his homeland.

Empress Service

A family

The financier met his future wife back in his student years. She also studied at Moscow State University. Soon after the wedding, the woman bore him a son, whom the couple named Andrew. Natalia, the wife of Andrei Leonidovich Kostin, in addition to being engaged in the house, always supported the banker. It is in this that lies the firm stronghold of their family.

The young man followed in his father's footsteps: after graduating from a comprehensive school, he became a student at the Finance Academy under the Government of the Russian Federation, and then successfully began his career at Deutsche Bank. But he was not destined to get to the top of the career ladder: in 2011, he died in a car accident. Therefore, the theme of children for Kostin Andrei Leonidovich is not always pleasant.

Hobbies of the financier

Despite the fact that the banker is very busy, he manages to find time for a hobby in his busy schedule.

Andrei Leonidovich Kostin and his family love to relax in ski resorts and as a true connoisseur of art, he enjoys visiting theaters and exhibitions of artists. In addition, he provides financial support to the world-famous Bolshoi Theater of Russia and the Peter Fomenko Workshop. It also enjoys personal driving, although it is not often possible due to the habit of working while traveling.

Banker Hobbies

The biography of Andrey Kostin (VTB) is a vivid example of a conscious approach to life, high professionalism and positive moral qualities. It is thanks to such leaders that Russia has every chance of being the first in the overall ranking of states.

Source: https://habr.com/ru/post/A7/


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