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Bonds, Loans & Derivatives Russia & CIS 2021 - Virtual Conference

Russia & CIS' largest virtual capital markets event

Gold Sponsor

Sovcombank

Silver Sponsor

Fitch Ratings

Silver Sponsor

White & Case

Bronze Sponsor

Allen & Overy

Bronze Sponsor

ING

Bronze Sponsor

Rosbank

Bronze Sponsor

Vienna Stock Exchange (Wiener Börse)

Corporate Sponsor

Chelpipe Group

Corporate Sponsor

Delo Group

Corporate Sponsor

Gazprom Neft

Corporate Sponsor

GV Gold

Corporate Sponsor

MMK

Corporate Sponsor

Metalloinvest

Corporate Sponsor

Segezha Group

Corporate Sponsor

Severstal

Corporate Sponsor

Slavneft

Corporate Sponsor

Tatneft

Supporting Partner

Russian Association of Corporate Treasurers

Supporting Partner

Russo-British Chamber of Commerce (RBCC)

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THE ON-DEMAND VIDEO RECORDINGS FROM THIS EVENT ARE AVAILABLE BELOW

At this important time, the event brought together 500+ of Russia & the CIS region's most senior borrowers, investors, bankers, policy makers and market practitioners to share knowledge, debate and network. The entire market was represented.

Russia and the CIS region's largest capital markets event was held on our Bonds & Loans online platform in March 2021. We are now working towards organising a physical version of the event in Moscow in September 2021, so that you are able to connect with the region’s leading C-level decision-makers face-to-face once more.

Participants used your market's best attended event to re-engage with their existing Russia & CIS clients, build strong business relations with their prospects and hear the region's financial leaders speak on how they are navigating the current economic climate/share their expectations for the future.

Russia & CIS

Livestream Agenda

Uzbekistan and the capital markets: Funding and investing out of COVID-19

Wed 3rd Mar 2021, 6:30am (Europe/London)

  • Economic performance in 2020 and outlook for 2021: How much investment and funding does the country need?
  • Capital markets strategy: How much will the DMO borrow internationally and domestically?
  • Banking Uzbekistan: How liquid are the local banks? How much of Uzbekistan’s funding can be secured locally?
  • Investing into the future: What is the government’s strategy to attract foreign capital into the country?

Speaker

Odilbek Isakov

Odilbek Isakov

Odilbek Isakov

Deputy Finance Minister at Ministry of Finance, Republic of Uzbekistan

Ministry of Finance, Republic of Uzbekistan

How has the make-up of economic, commodity and political risk facing Russia evolved since the outbreak of COVID-19? (in Russian)

Wed 3rd Mar 2021, 7:00am (Europe/London)

  • What has changed in 12 months: From economic fundamentals to its impact on financial markets and credit spreads
  • OPEC+ and oil price uncertainty: Where will oil price stabilise? How does the oil price impact Russia and the oilers?
  • Geopolitics, Biden, Belarus, Armenia, Azerbaijan: What does the world look like to Russia today versus 12 months earlier, and what impact does this have on the economic outlook?
  • Monetary policy in and out of Russia: Where will Russia set base rates?

Moderator

Yury Tulinov

Yury Tulinov

Head of Research and Strategy

Rosbank

Yury Tulinov

Yury Tulinov

Head of Research and Strategy at Rosbank

Rosbank

Yury Tulinov

Rosbank is a universal bank, part of Societe Generale Group. Strategy of Societe Generale is focused on further improvement of client service and maintenance of leadership in innovation, capturing growth through business development, increased synergies, and delivery of sustainable profitability.

Rosbank serves more than 5 mln individual customers in more than 60 regions of Russia. The bank’s regional network numbers around 220 outlets and more than 37 thousand ATMs of partner network, including 1500 of Rosbank’s own ATMs. The Bank of Russia included Rosbank in the list of 12 systemically important banks.

Rosbank has been assigned highest credit ratings by rating agencies ACRA AAA (RU) and RAEX (Expert RA) ruAAA. The Bank has also country ceiling ratings by rating agencies Fitch Ratings (BBB) and Moody’s Investors Service (Baa3). Rosbank is in TOP-3 in the most reliable banks’ ranking (Forbes magazine in 2021) and in the top 10 largest Russian banks (The Banker magazine). Rosbank L'Hermitage Private Banking won the SPEAR's Russia Wealth Management Awards 2020 in the category "Best Foreign Bank in the Russian Federation". Rosbank Depository (SGSS Russia) is recognized the best in categories "Client Service Quality" and "Market Leader" among all European countries with emerging economies (Global Custodian).

Speakers

Anatoly Aksakov

Anatoly Aksakov

Chairman of the Committee on Financial Markets of The State Duma and Chairman of the Council of The Association of Banks of Russia

Federal Assembly, The Russian Federation

Anatoly Aksakov

Anatoly Aksakov

Chairman of the Committee on Financial Markets of The State Duma and Chairman of the Council of The Association of Banks of Russia at Federal Assembly, The Russian Federation

Federal Assembly, The Russian Federation

Vladimir Kozinets

Vladimir Kozinets

Head of Treasury and Risk Management

Rolf Group

Vladimir Kozinets

Vladimir Kozinets

Head of Treasury and Risk Management at Rolf Group

Rolf Group

Kirill Ilinski

Kirill Ilinski

Founding Partner and Chief Investment Officer

Fusion Asset Management

Kirill Ilinski

Kirill Ilinski

Founding Partner and Chief Investment Officer at Fusion Asset Management

Kirill Ilinski joined Fusion Asset Management as Managing Partner in 2004 from JPMorgan Chase. He is Chief Investment Officer for the Fusion Group as well as Chairman for Loyal North PLC. In this capacity, he oversees all investment activities of the Group, including institutional and retail pension and investment portfolios, regional financial advice firms across the UK and corporate risk advisory business.

He earned his MSc in Physics from St-Petersburg State University and PhD in Mathematical Physics from St-Petersburg Branch of Mathematical Institute of Russian Academy of Sciences

Fusion Asset Management

Sergey Khotimskiy

Sergey Khotimskiy

Co-owner and First Deputy CEO

Sovcombank

Sergey Khotimskiy

Sergey Khotimskiy

Co-owner and First Deputy CEO at Sovcombank

Sovcombank

Sergey Khotimskiy

Where do investors see value in the Russian credit markets?

Wed 3rd Mar 2021, 7:45am (Europe/London)

  • How are investors generating positive real returns given historic lows in interest rates? Where are they finding value?
  • Investment grade vs. high yield bonds yields: Are economic fundamentals being properly reflected by yields? Where are spreads headed?
  • What is driving investor demand for Russian corporate bonds? What is preventing an investor love-affair with Russian FI bonds?
  • Roubles and investors: What will attract international investors back to the rouble bond markets? How much of a drawback is market illiquidity?

Moderator

Alex Griffiths

Alex Griffiths

Managing Director, Head of Corporate Ratings, EMEA

Fitch Ratings

Alex Griffiths

Alex Griffiths

Managing Director, Head of Corporate Ratings, EMEA at Fitch Ratings

Alex joined Fitch in London in 2005 as a corporate analyst, and has held a number of different roles, most recently as Fitch’s Credit Policy Group with responsibility for monitoring the quality of global corporate ratings. He started at Fitch as an analyst specialising in Telecoms, Media and Technology, then became Head of Research for EMEA and Asia-Pacific. Between 2012 and 2016 he ran the EMEA Natural Resources team.

Prior to this, Alex spent eight years with Deloitte's audit practice, where he gained experience ranging from transaction services work to audit, IFRS transitions, expert witness assignments and sector research.

Alex read economics at St. Catharine’s College, Cambridge, and is a fellow of the Institute of Chartered Accountants in England and Wales.

Fitch Ratings

Alex Griffiths

Fitch Ratings is a leading provider of credit ratings, commentary, and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective, and insights we provide help investors to make important credit judgments with confidence.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

For additional information, please visit fitchratings.com.

LinkedIn Page: www.linkedin.com/company/fitch-ratings

Speakers

Sanchay Singla

Sanchay Singla

Portfolio Manager, Emerging Markets Fixed Income

Legal & General

Sanchay Singla

Sanchay Singla

Portfolio Manager, Emerging Markets Fixed Income at Legal & General

Sanchay is a Portfolio Manager within the Global Fixed Income team and is responsible for managing corporate investments in active EMD portfolios. Prior to joining LGIM, Sanchay was a credit trader at Royal Bank of Scotland for 3 years. At RBS, he made markets in Asian and European Credit across currencies as a principal risk taker from London and Singapore.

Sanchay graduated from the Indian Institute of Management, Ahmedabad and holds master’s degree in Business Administration. He also holds Bachelors in Computer Engineering from University of Delhi and is a CFA Charterholder.

Legal & General

Kay Hope

Kay Hope

Director, Emerging Markets Corporate Credit Research

Bank of America

Kay Hope

Kay Hope

Director, Emerging Markets Corporate Credit Research at Bank of America

Kay Hope is a director and corporate credit analyst, focusing on corporates mainly in Russia, the CIS, Sub-Saharan Africa and Israel. She also covers Environmental, Social and Governance (ESG) issues across global fixed income. Her team was ranked #1 in EEMEA Corporate Debt in the 2016-2019 Institutional Investor Research Team surveys. Prior to joining the firm in 2010, Hope held emerging markets roles at Goldman Sachs, Deutsche Bank and Credit Suisse First Boston. She also spent several years at McKinsey & Company in Moscow, and a year in Almaty, Kazakhstan, working for an international aid organization. She holds a bachelor’s degree in Slavic literature from the University of Michigan, Ann Arbor, a master’s degree in Soviet foreign policy from Harvard Graduate School of Arts and Sciences, and an MBA from Columbia Business School. She is based in London.

Bank of America

Sergey Dergachev

Sergey Dergachev

Functional Head of Emerging Markets Corporates

Union Investment Privatfonds GmbH

Sergey Dergachev

Sergey Dergachev

Functional Head of Emerging Markets Corporates at Union Investment Privatfonds GmbH

Sergey Dergachev joined Union Investment´s fixed income portfolio management team in April 2008. As Functional Head Emerging Markets Corporate Debt and Senior Portfolio Manager, he is responsible for the emerging markets corporate bonds unit, which he has built up at Union Investment since 2009. In addition to that, Sergey plays a vital role in developing and promoting ESG themes and integration for EM debt portfolios at Union Investment. Prior to joining Union Investment, he worked at Frankfurt Trust from 2006 till 2008, as portfolio manager managing emerging markets fixed income debt portfolios (sovereign and corporate debt).

Sergey studied international business administration at the European Business School in Oestrich-Winkel, as well as at the Ecole Supérieure de Commerce in Rouen and the University of Westminster in London. In addition to that, Sergey is a certified chartered financial analyst (CFA), financial risk manager (FRM) and chartered alternative investment analyst (CAIA). He also holds a Master of Business Administration (MBA) degree from the University of Durham.

Union Investment Privatfonds GmbH

Marina Davies

Marina Davies

Senior Vice President, Credit Strategy and Emerging Market Research

Amundi Asset Management

Marina Davies

Marina Davies

Senior Vice President, Credit Strategy and Emerging Market Research at Amundi Asset Management

Marina joined Amundi Asset Management (previously Pioneer Investments) in 2013 to strengthen global investment strategy. Since she joined, she has been covering Financial Institutions across all Emerging Market regions, from Latin America to Asia. Recently Marina stepped up into Credit Strategy function, aiming to pinpoint dislocations across the spectrum based on top-down regional analysis, relative value and rigorous bottom-up analysis of individual credits.

Marina works closely with the Portfolio Managers, aiming to drive implementation of successful trade ideas and helps to build a link between macroeconomic and corporate research, on both sectorial and strategy level. She also brings her deep understanding of macroeconomics and politics in Russia and the FSU region to the team.

Marina has over 20 years of investment experience. Prior to joining Amundi Asset Management, she was a Director at Commerzbank Corporates & Markets, London, where she had overall responsibility for the Emerging Markets Credit Research team and provided investment recommendations on Emerging Markets Credits. Marina has also worked for Trust Investment Bank as a Senior Analyst,VP within the Fixed Income Products and Alfa-Bank as a Fixed Income Analyst. She began her career at the Central Bank of Russia as an Economist.

Marina holds a Master’s Degree in International Economics and Finance, and is FCA Approved Person under Senior Managers and Certification Regime.

Amundi Asset Management

Rodney Thomas

Rodney Thomas

Rodney Thomas

Managing Director at Apollo Global Management

Rodney Thomas is a Principal on the Emerging Markets Credit Team at Apollo. Prior to joining Apollo in 2014, Rodney spent 3 years working as a desk analyst on the Emerging Markets Credit Trading Desk at Citigroup in London. Prior to that , he was as an emerging markets credit analyst at Thames River Capital in London, where he worked from 2006 to 2011. He began his career in finance at Citigroup in 1999 and worked in loan origination and structuring. Prior to his career in finance, Rodney spent 5 years as a U.S. diplomat serving at U.S. Embassies in the United Arab Emirates, Tunisia and Yemen. Rodney has a B.A. from Amherst College in Economics and an M.B.A. from the University of Virginia.

Apollo Global Management

Kaan Nazli

Kaan Nazli

Senior Portfolio Manager and Economist, Emerging Markets Debt

Neuberger Berman

Kaan Nazli

Kaan Nazli

Senior Portfolio Manager and Economist, Emerging Markets Debt at Neuberger Berman

Kaan Nazli is Senior Economist and Portfolio Manager for Emerging Markets Debt at Neuberger Berman. He has previous positions in ING Investment Management and Medley Global Advisors, where he was responsible for macro research and sovereign debt credit views. Before that, he worked as a research analyst for Eurasia Group where he advised financial institutions on east central Europe. He played a key role in establishing the Lehman Brothers Eurasia Group Stability Index (LEGSI), a comparative political and economic stability index designed to measure stability in more than 20 emerging markets. Kaan Nazli received a Bachelor’s degree in International Affairs from the University of Ankara, Turkey and earned a Master’s Degree in Political Economy from New York University. He holds the Chartered Financial Analyst (CFA) and Chartered Alternative Investment Analyst (CAIA) designations.

Neuberger Berman

Kaan Nazli

From premium to greenium: How Russia’s capital markets are transitioning towards ESG (In Russian)

Wed 3rd Mar 2021, 9:00am (Europe/London)

  • From premium to greenium (discounting): Why, how and what has happened to the markets for ESG and SDG-linked bonds to drive down price and yield?
  • Transitioning vs. greenwashing: How green is green? How does a company transition their financing in-line with SDG targets, without being accusing of “greenwashing”?
  • Aligning international ESG and SDG standards with standards being drawn up and certified in Russia: What are the challenges to overcome?
  • Anyone can transition: How can extraction (commodity/energy) companies work with advisers to improve ESG credentials and drive down their cost of borrowing?

Moderator

Ilya Krasnov

Ilya Krasnov

Head of Corporate Finance

Metalloinvest

Ilya Krasnov

Ilya Krasnov

Head of Corporate Finance at Metalloinvest

Metalloinvest

Ilya Krasnov

Speakers

Tatyana Ambrozhevich

Tatyana Ambrozhevich

Head of Debt Capital Markets

Rosbank

Tatyana Ambrozhevich

Tatyana Ambrozhevich

Head of Debt Capital Markets at Rosbank

Rosbank

Tatyana Ambrozhevich

Rosbank is a universal bank, part of Societe Generale Group. Strategy of Societe Generale is focused on further improvement of client service and maintenance of leadership in innovation, capturing growth through business development, increased synergies, and delivery of sustainable profitability.

Rosbank serves more than 5 mln individual customers in more than 60 regions of Russia. The bank’s regional network numbers around 220 outlets and more than 37 thousand ATMs of partner network, including 1500 of Rosbank’s own ATMs. The Bank of Russia included Rosbank in the list of 12 systemically important banks.

Rosbank has been assigned highest credit ratings by rating agencies ACRA AAA (RU) and RAEX (Expert RA) ruAAA. The Bank has also country ceiling ratings by rating agencies Fitch Ratings (BBB) and Moody’s Investors Service (Baa3). Rosbank is in TOP-3 in the most reliable banks’ ranking (Forbes magazine in 2021) and in the top 10 largest Russian banks (The Banker magazine). Rosbank L'Hermitage Private Banking won the SPEAR's Russia Wealth Management Awards 2020 in the category "Best Foreign Bank in the Russian Federation". Rosbank Depository (SGSS Russia) is recognized the best in categories "Client Service Quality" and "Market Leader" among all European countries with emerging economies (Global Custodian).

Eugenia Onuschenko

Eugenia Onuschenko

Director, Corporate Finance

Polymetal International

Eugenia Onuschenko

Eugenia Onuschenko

Director, Corporate Finance at Polymetal International

Joined Polymetal in 2008 as Head of the Bank Financing department and later served as the Head of Corporate Finance and Investor Relations. Prior to joining Polymetal, held several roles at Ernst & Young in transaction advisory services. Career focus on corporate and project finance, capital markets and investor relations.

Graduate of St. Petersburg State University of Economics and Finance. Bachelor’s degree in Economics and Management from Grenoble University Pierre-Mendes, France.

Polymetal is a top-10 global gold producer and top-5 global silver producer with assets in Russia and Kazakhstan. The Company combines strong growth with a robust dividend yield. Polymetal supports the UN Global Compact, EITI, CDP, Cyanide Code and Global Reporting Initiative. The Company is a constituent of Dow Jones Sustainability Indexes, FTSE4Good and was ranked 1st among 60 precious metals companies by Sustainalytics.

Polymetal has been using sustainability-linked financing instruments since 2018 and was the first company in the Russian metals and mining industry to sign the green loan in 2020.

Polymetal International

Darina Kogan-Bellamy

Darina Kogan-Bellamy

Darina Kogan-Bellamy

Partner at White & Case

Darina Kogan-Bellamy is the head of White & Case’s Capital Markets practice in Russia and shares her time between Moscow and London offices. She focuses on international capital markets and securities transactions and regularly represents issuers, underwriters and placement agents in a variety of Rule 144A/Regulation S equity and debt offerings. Darina has assisted major Russian companies, such as Aeroflot, ALROSA, Magnitogorsk Iron & Steel Works, SIBUR, TMK, En+ Group, HeadHunter and many more, with their important transactions on international capital markets.

In one of its editions The Legal 500 notes: "Practice head Darina Kogan-Bellamy is ‘very proactive, supportive and client-focused’, ‘easy to work with and very responsive’". Chambers Global in its 2016 – 2020 editions reports: "She is very business-oriented, very efficient, can arrange for very quick and efficient advice across jurisdictions". "She is a rainmaker and a strong US lawyer who understands Russia".

White & Case

Darina Kogan-Bellamy
Robert Smakaev

Robert Smakaev

Head of Debt Capital Markets

Sovcombank

Robert Smakaev

Robert Smakaev

Head of Debt Capital Markets at Sovcombank

Sovcombank

Robert Smakaev

New debt and liability management: How are Russia’s top tier companies approaching funding, credit management and risk? (In Russian)

Wed 3rd Mar 2021, 9:45am (Europe/London)

  • What is corporates’ outlook on long term interest rates? Is there expectation for a rate hike? How are historically low rates influencing capital markets’ strategy?
  • Credit management and risk: Is now a good time to refinance and to lock in rates?
  • How to optimise capital structures: Work capital, supply chain finance, factoring, discount receivables, etc
  • International vs. local markets: Does funding locally and swapping into USD, or funding in roubles and hedging, deliver capital and economic benefits?

Moderator

Oleg Khomenko

Oleg Khomenko

Oleg Khomenko

Partner at Allen & Overy

Oleg is a banking partner in Allen & Overy’s London office. He advises lenders and borrowers on a broad range of complex cross-border financing transactions, and has extensive experience in margin lending, acquisition finance and financing in emerging markets (including Russia, the CEE and the Middle East) in addition to general corporate and real estate finance.

Oleg is recognised as a “Next Generation Partner” for Emerging Markets by the 2021 edition of The Legal 500 and a leading lawyer in Banking and Finance in Best Lawyers 2021 in Russia. He is also recommended in respect of Banking and Finance law in Russia according to Pravo.ru-300, Russia’s major legal directory.

Allen & Overy

Oleg Khomenko

Allen & Overy – delivering market-leading expertise to support global growth

Our ambition at Allen & Overy is to help the world’s leading businesses both maximise the opportunities that globalisation presents and meet the potential challenges. As our clients have sought new markets, so have we. We are continuing to invest in a growing network of international offices that covers Europe, Asia Pacific, the Middle East, North America and Central and South America and Africa. A&O’s international network consists of over 40 offices in 30 countries – the largest footprint among the leading global law firms.

However, our presence is only half of the story. Our 5,400 people work together in a highly integrated manner to leverage their expertise and experience for our clients’ benefit. We foster creative, independent thinking within a collaborative culture and, as a result, our lawyers are involved in many of the most influential commercial ventures, and are known for providing our clients with transformative solutions to the toughest legal challenges. This, above all, explains why Allen & Overy remains a leader in its field.

Speakers

Dmitry Muz

Dmitry Muz

Director of Corporate Finance and Investor Relations

PSC VSMPO-AVISMA Corporation

Dmitry Muz

Dmitry Muz

Director of Corporate Finance and Investor Relations at PSC VSMPO-AVISMA Corporation

  • 10 years of experience in the largest banks and over 7 years experience in the field of corporate finance management
  • From 2002 to 2012 he worked in large Russian and international banks (Bank of Moscow, MDM-Bank, UniCredit Bank, Nordea Bank)
  • From 2012 to 2020, he ran the corporate finance and investor relations divisions of Uralkali and ChelPipe
  • Since 2020, he has been the Director of Corporate Finance and Investor Relations

PSC VSMPO-AVISMA Corporation

Angelina Valavina

Angelina Valavina

Senior Director, Head of EMEA Natural Resources & Commodities

Fitch Ratings

Angelina Valavina

Angelina Valavina

Senior Director, Head of EMEA Natural Resources & Commodities at Fitch Ratings

Angelina Valavina heads the Natural Resources & Commodities team in EMEA Corporates at Fitch Ratings. Angelina leads the team whose coverage includes oil and gas, metals and mining and chemicals and fertilisers sectors. Prior to that she was a Deputy Head of the EMEA Corporates’ Utilities and Transport team where she managed part of the team and was responsible for the transport sector and some utilities, including research and investor and media outreach.

In her previous capacity at Fitch, she had analytical responsibility for the emerging-market oil and gas portfolio for five years, and the emerging-market metals and mining portfolio before that.

Prior to joining Fitch in 2006, Angelina was in charge of auto and transport coverage, and investor outreach for this sector in the equity research team at Renaissance Capital. Before that, she was with Vnesheconombank as a senior financial analyst covering the Eurobond portfolio and corporate bond and equity portfolios for top-tier Russian companies, as well as providing analytical support to the directorate in charge of managing the pension savings of the Russian Federation. She also worked (as an intern) at Merrill Lynch (USA) in a private client group dealing with high net worth portfolios.

Angelina graduated from the Moscow State Institute of International Relations (MGIMO-University) with a B.A. in international economics with distinction. She later graduated as an MBA from the Monterey Institute of International Studies (USA) with a 3.9 GPA in international finance.

Fitch Ratings

Angelina Valavina

Fitch Ratings is a leading provider of credit ratings, commentary, and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise. The additional context, perspective, and insights we provide help investors to make important credit judgments with confidence.

Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of credit market data, analytical tools and risk services; and Fitch Learning, a preeminent training and professional development firm. With dual headquarters in London and New York, Fitch Group is owned by Hearst.

For additional information, please visit fitchratings.com.

LinkedIn Page: www.linkedin.com/company/fitch-ratings

Alexander Smirnov

Alexander Smirnov

Director, Corporate Finance & Treasury Department

MTS

Alexander Smirnov

Alexander Smirnov

Director, Corporate Finance & Treasury Department at MTS

MTS

Rostislav Kulak

Rostislav Kulak

Head of Corporate and Financial Sector Relations

Sovcombank

Rostislav Kulak

Rostislav Kulak

Head of Corporate and Financial Sector Relations at Sovcombank

Has started his career in 1996 as an analyst of securities market in the Central Bank of the Russian Federation. In 2001 he joined JSC Guta-bank (at present time known as VTB 24) where he was responsible for the ruble bond placement of bank’s clients. In 2004 – 2009 he worked in Russian subsidiaries of largest bank of Kazakhstan – Kazkommertsbank, East Kommerts and Moskommertsbank. He was responsible for clients bond placement and the supporting debt program of Moskommertsbank. From February 2010 till August 2015 – Director of CIB in Bank Otkritie where he was responsible for DCM. At present time Rostislav is Head of CIB Department.

Sovcombank

Rostislav Kulak

Debuting in COVID-times: How new issuers can issue new debt to attract new investors (in Russian)

Wed 3rd Mar 2021, 10:45am (Europe/London)

  • Why bonds, and not loans: Economic and capital reasons why debut issuers can secure better pricing funding in the bond markets
  • Origination, road-showing and book-building in a socially distance world: How to bank and finance remotely
  • Rouble vs. Euro markets, fixed rate vs. floating, issuing through SPVs or not: Structuring, packaging and selling deals to attract retail and institutional investors

Moderator

Alexander Bulgakov

Alexander Bulgakov

Executive Director, Debt Capital Markets

Raiffeisen Bank

Alexander Bulgakov

Alexander Bulgakov

Executive Director, Debt Capital Markets at Raiffeisen Bank

Raiffeisen Bank

Alexander Bulgakov

Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank is one of the most reliable Russian banks, which creates financial solutions for private and corporate clients, residents and non-residents of the Russian Federation. According to

Interfax-CEA, Raiffeisen Bank ranks 10th in terms of assets for 9 months of 2020, 7th in terms of funds of individuals and 12th in terms of loans to individuals. Forbes magazine acknowledged Raiffeisenbank as the most reliable and the best bank in Russia in 2020.

Raiffeisen Bank International AG is the leading corporate and investment Bank in the financial markets of Austria and Central and Eastern Europe. In Central and Eastern Europe, Raiffeisen Bank International is represented in 13 markets and provides a wide range of financial services, including leasing, asset management and m&a support. Over 46,000 employees serve 16.8 mn customers in around 2,000 locations, most of which are located in Central and Eastern Europe. Raiffeisen Bank International shares are listed on the Vienna Stock Exchange.

LinkedIn

Speakers

Leonid Mirzoyan

Leonid Mirzoyan

Chief Financial Officer

Borets International

Leonid Mirzoyan

Leonid Mirzoyan

Chief Financial Officer at Borets International

Borets International

Alexey Tretyakov

Alexey Tretyakov

Alexey Tretyakov

Chief Executive Officer at Aricapital Asset Management

Alexey Tretyakov - Founder & CEO Aricapital Asset Management since Jan 2013 (The First Russian fixed income mutual fund specialized on active investing in global bonds)

2008-2012 - Head of department of operations on financial markets at NOMOS-Bank

2001-2008 - Analyst, Head of fixed income reasearch, Deputy Head of sales at Bank Zenit

Aricapital Asset Management

Alexey Zakrevskiy

Alexey Zakrevskiy

Chief Financial Officer

Maxima Telecom

Alexey Zakrevskiy

Alexey Zakrevskiy

Chief Financial Officer at Maxima Telecom

Maxima Telecom

Alexander Kovalev

Alexander Kovalev

Deputy Head of Debt Capital Markets

Sovcombank

Alexander Kovalev

Alexander Kovalev

Deputy Head of Debt Capital Markets at Sovcombank

Sovcombank

Alexander Kovalev

How are banks underwriting and syndicating loans in the new environment of low interest rates, low oil price and COVID-influenced liquidity?

Wed 3rd Mar 2021, 11:30am (Europe/London)

  • How are historically low interest rates and tight pricing in the capital markets impacting the way banks (approach) lending?
  • Who are the lenders ready to put money on the table in Russia? Have global banks retrenched/re-regionalised towards their home markets?
  • Future of LIBOR and impact on bank liquidity and risk-free lending?
  • Public vs. private sector: Where are banks’ sweet-spots?
  • Underwriting to distribute in Russia: Selling down loans under Russian LMA
  • Project finance factory: What are the opportunities for commercial banks?

Moderator

Natalia Nikitina

Natalia Nikitina

Natalia Nikitina

Partner at White & Case

Natalia Nikitina is the head of banking and finance practice group in Moscow office. With White & Case since 1999, Natalia has worked on many of the major deals in Russia and the CIS. She has extensive experience representing clients in finance transactions, including asset-based financings, trade finance, acquisition finance, project finance and pre-export finance.

Recognized as a one of the leading finance lawyers in the Russian market, Natalia is praised for her legal and commercial skills by reputable legal directories, including Chambers and Partners, Legal 500 and others. According to clients, Natalia "always has good control over the matters, an excellent understanding of the market and helps navigating through complex matters." (Chambers Global, 2019)

White & Case

Natalia Nikitina

Speakers

Denis Shanurenkov

Denis Shanurenkov

Managing Director, Head of Syndications and Structuring

Sberbank

Denis Shanurenkov

Denis Shanurenkov

Managing Director, Head of Syndications and Structuring at Sberbank

Over 10 years of managerial experience in banking. Before joining Sberbank Denis headed Structured finance Department at Alfa Bank, with main focus on the arrangement of syndicated loans to largest corporate clients, on the project finance and on the structured loan solutions.

Before Alfa Bank Denis was a co-head of Bonds and Loans Origination team at Commerzbank’s Moscow office. Joined Sberbank in 2010.

Denis has an MBA degree from Emory University, Atlanta, USA.

Sberbank

Denis Shanurenkov
Nicolas Lipovsky

Nicolas Lipovsky

Managing Director, Head of CEEMEA Loan Origination

Crédit Agricole CIB

Nicolas Lipovsky

Nicolas Lipovsky

Managing Director, Head of CEEMEA Loan Origination at Crédit Agricole CIB

Crédit Agricole CIB

Nicolas Lipovsky

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2020). Nearly 8,400 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products ad services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.

For more information, please visit www.ca-cib.com

LinkedIn Page: https://www.linkedin.com/compa...

Twitter Page: https://twitter.com/CA_CIB

Yuri Korsun

Yuri Korsun

Deputy Chairman

VEB.RF

Yuri Korsun

Yuri Korsun

Deputy Chairman at VEB.RF

Year And Place Of Birth

Born on May 29, 1970 in Leningrad.

Information About Vocational Education

A.B. Freeman School of Business; Tulane University, 1999; MBA degree, specialization – finance and financial management. St. Petersburg State University, 1995; Faculty of Philology.

Professional Background

1990 - 1994 - Information Technology Manager (SGS, S.A.)

1995 - 1997 - Corporate Account Manager, Xerox Corp.

1997 - 2000 - Business Consultant, Headquarters for Emerging Markets, Xerox Corp. (USA)

2001 - 2005 - Corporate Account Manager, Citibank.

2005 - 2007 - Corporate Director, ABN AMRO.

2007 - 2009 - Head of Structured Credit Products, Alfa-Bank.

2009 - 2018 - Senior Managing Director, Head of Structural Credit Products, PJSC Sberbank.

From April 2018 - Deputy Chairman of VEB.RF.

VEB.RF

Yuri Korsun

Russia’s largest development institution

VEB.RF is a Russia’s national economic development institution. It is a state corporation established by Russian federal law exclusively for the public good. It is a non-commercial, non-profit organization with no shareholders. VEB.RF’s charter capital comprises funds and other property contributed by the Russian Federation; it also receives direct contributions from the Federal Budget. However, it is not a ministry or a state agency, but a special entity, tasked with facilitating a wide range of socio-economic development activities.

In partnership with commercial banks, VEB.RF provides financing for large-scale projects to develop the country’s infrastructure, industrial production and social sphere, strengthen its technological potential and improve quality of life. In mid-2018 VEB.RF was has embarked on a new business model with focus on the following areas: infrastructure, high value-added industry, urban development.

VEB.RF is also a government agent for Russia’s foreign debt, both of the Russian Government and of the former Soviet Union, and the management of certain pension funds through State Trust Management Company (“STMC”), a separate division of VEB.RF.

The highest governing body of VEB.RF is the Supervisory Board chaired by Prime Minister of Russia. VEB.RF coordinates activities of other specific national development institutions.

LinkedIn

Evgeny Gaevskiy

Evgeny Gaevskiy

Director, Loan Capital Markets

ING

Evgeny Gaevskiy

Evgeny Gaevskiy

Director, Loan Capital Markets at ING

Evgeny is covering syndicated loans origination in the CEE countries for corporate and FI borrowers.

Evgeny was responsible for syndication of large number of landmark and/or debut transaction in the region, including the latest USD 4.1 billion syndicated loan facility for Norilsk Nickel.

Prior to joining ING he held various positions in Structured and Leveraged Finance teams in Moscow Narodny Bank/VTB Capital (London) in 2003-2011 and was involved in origination, structuring and syndication of a broad range of loan facilities for Russian and CIS corporate clients.

Evgeny graduated from the Moscow State Finance Academy (1999) and continued his education in London Business School (2004-2005).

ING

Evgeny Gaevskiy

Close of conference

Wed 3rd Mar 2021, 12:15pm (Europe/London)