Andrey Elinson headed A1
Andrey Elinson has been appointed to the post of A1 Managing Partner. Previously he held the position of the Director of Asset Management of CTF.
"In course of our cooperation Andrey has proved as a strong and exacting manager successfully implementing his skills and competences within the Alfa Group business. A1 comes to a new stage of development where Andrey’s experience and knowledge will significantly contribute to the company", said Mikhail Fridman, the Chairman of the Supervisory Board of Alfa Group Consortium.
Andrey Tyasto who held the post of acting president at A1 Investment company leaves the company to head his own projects.
"Andrey has been entrusted with a number of specific tasks concerning the improvement of the company’s assets quality and strengthening of the investment block which he has successfully completed. We are grateful to Andrey for the work done", noted German Khan, a Member of the Supervisory Board of Alfa Group Consortium.
A1 changes work model and is transformed into partnership which will be managed by Andrey Elinson. Within the new model partners of A1 will have not only an opportunity to invest in projects which the company deals with in the market of special situations but will be able to make investment decisions more quickly and independently as well.
"We see new opportunities in the current economic conditions. We will not only be focused on protection of the minority shareholders rights, but we will look for other fields of work within special situations, in particular, we have positive experience of work with non-core bank assets. I am sure that the new model will allow A1 not only to keep leader positions in the market, but to expand a range of investment services provided by us", - said Andrey Elinson.
Andrey Elinson is also a member of the Board of Directors of ABH Holdings S.A., a member of the Board of Directors of Alfa-Bank (Russia), a member of the Supervisory Board of X5 Retail Group, a member of the Board of Directors of AlfaStrakhovanie Group, a member of the Board of Directors of Management Company “Rosvodokanal” and a member of the Board of Directors of Rissa Investments Limited (IDS Borjomi International Group).
Prior to joining CTF, Mr. Elinson was Deputy CEO of Basic Element, where he worked from August 2007 being responsible for managing companies in aviation, construction, automotive, financial and other industries. From 1997 to 2007, Mr. Elinson worked at Deloitte CIS and became a Partner in 2005.
Mr. Elinson graduated with honours from the Russian State Finance Academy, Accounting & Auditing faculty. Mr. Elinson is a US Certified Public Accountant and a US Certified Fraud Examiner. He holds a Certificate in Company Direction (UK). Mr. Elinson was born in Moscow, Russia in 1979.