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An American of Russian ancestry, Boris Jordan assisted Russia's economic transition to capitalism in the early 1990s, assisting in the launch of the Russian stock market and the privatization of state assets. Later appointed chief executive of Russia's Gazprom Media as well as general director of its NTV television network, Jordan was forced to resign in early 2003 under political pressure.
In 2001-2003 he was the Director General of the Russian TV channel NTV and also the Director General of Gazprom Media, a subsidiary media holding of Gazprom (now of Gazprombank) that owned NTV, TNT, NTV Plus, five popular radio stations (including Echo of Moscow), numerous widely circulated news and entertainment publications, and two premier movie theaters in Moscow and St. Petersburg.
From 1992 to 1995, Boris Jordan was Managing Director of the Moscow office of CS First Boston. During his tenure, CS First Boston became a leading investment bank in Russia, engaged in privatization, corporate finance and securities trading.
Boris Jordan is one of the founders of Renaissance Capital investment group (founded in 1995) along with majority shareholder, New Zealander Stephen Jennings. He is also the President and CEO of the Sputnik Group Ltd., which he launched in 1998. The Sputnik Group is a diversified holding company, which used to manage the Sputnik Funds, the largest foreign private-equity funds invested in Russia. Currently, The Sputnik Group owns proprietary investments in the Russian insurance (Renaissance Insurance), forestry, telecommunications and media sectors – as well as a number of investments in foreign companies.
Since 2007 Mr. Jordan is a Member of the Council on Foreign Relations.
In 1999 Boris Jordan established the Cadet Corps Fund and is the Fund’s President.
References and notes
- Businessweek May 22, 1995. Boris Jordan: The man who made Moscow's Market.
- Profile: Boris Jordan, CNN, April 10, 2001.
- Commanding Heights: an interview with Boris Jordan, PBS, October 3, 2000.
- Jordan: a statist with a US passport, BBC Russia, April 5, 2001 (in Russian).
- An interview with B. Jordan by Elena Lankina, 2002 (in Russian).
- The Sputnik Group: Selected Press.
- EBRD helps found new Russian life insurance company (2004).
- Dossier by Vladimir Pribylovsky (in Russian).