User:Pmorley1/sandbox
Igor Kim | |
|---|---|
| Born | 12 January 1966 |
| Citizenship |  Russia |
| Occupation | Businessman |
Igor Kim (born 12 January 1966 in Ushtobe, Alma-Ata Region, Kazakh SSR) is a Russian investor and businessman. He is a prolific dealmaker in the financial-services sector in Russia, having completed more than 30 mergers and acquisitions in his career,[1] and is best-known for his acquisition of Barclays Bank LLC, the former Russian unit of Barclays Bank PLC. Igor Kim has twice been named Russia's Banker of the Year, in 2003 and 2009.[2]
Igor Kim is the major shareholder in the Expobank group, which comprises Expobank LLC (Russia, 66.64% stake), AS Expobank (Latvia, 100% stake) and Expobank CZ a.s. (Czech Republic, 68.87% stake). He serves as Chairman of the Board of Directors of all three banks.[3]
Igor Kim also owns the Food Master chain of regional restaurants and approximately 40,000 sq m of commercial real-estate in Novosibirsk. His wealth was estimated by the Russian edition of Forbes magazine at USD 460 million in 2013.[1]
Biography
Igor Kim was born on 12 January 1966 in Ushtobe in the Alma-Ata Region of the Kazakh SSR[4]. In 1990 he graduated from Novosibirsk State University with a degree in Economic Cybernetics.
After graduating Igor Kim went into business, forming a cooperative based on a Student construction brigade. Later he became a commodities trader, and in 1992 was one of the founders of Russian People's Bank.[1]
Igor Kim has twice featured in the list of wealthiest people compiled by Forbes Russia, in 2009 with $0.4bln and 2011 with $0.5bln[5]
He is married with two children.[5]
Banking career
- 1993 — major shareholder of Russian People's Bank,[1] and first Deputy Chairman and subsequently Chairman of the Management Board.
- 1996 — alongside Andrei Bekarev and ALexander Taranov, two friends from Novosibirsk State University, acquired half of the shares of Sibacadembank.[1]
- 1998 — merged Russian People's Bank and Sibacadembank,[1] becoming First Deputy CEO of the combined bank.
- 2001—2004 — Chairman of the Management Board of Caspian Bank in Kazakhstan.
- 2002 — Chairman of the Board of Directors, Sibacadembank.
- 2004 — shareholder of OJSC Uralvneshtorgbank.
- 2004—2006 — Chairman of the Board of Directors of Sibacadembank and the Supervisory Board of Uralvneshtorgbank.
- 2006 — one of the main shareholders of URSA Bank, created from the merger of Sibacadembank and Uralvneshtorgbank, and Chairman of the Strategic Planning Committee advising the Board of Directors.
- 2007 — Chairman of the Board of Directors of URSA Bank.
- 2008—2009 — Chairman of the Management Board of MDM Bank during its merger with URSA Bank.
- From January 2009 — one of the major shareholders of the combined MDM Bank (11% stake) and CEO, member of the Board of Directors and member of the Strategy Committee advising the Board of Directors.
- In July 2010 stepped down as CEO and Chairman of the Management Board of MDM Bank[6]. After leaving MDM Bank, began creating a banking group based on Orient Express (Dalvneshtorgbank).[5] In the same year, Orient Express bought Spanish Santander Group's Russian subsidiary Santander Consumer Bank, and City Mortgage Bank from Morgan Stanley of the US[1]
- In summer 2011 left the Board of Directors of MDM Bank, and also sold his stake in Sibacademstroi and First Collection Bureau.[1]
- In summer 2012, bought WestLB Vostok from German financial group WestLB AG and reorganised it as Expo Capital bank[7] and completed a transaction for Expobank to buy 100% of Siberian Business Development Bank. The bank was subsequently reorganised as an open joint-stock company and on 12 April merged into ExpoBank.
- In autumn 2011, alongside a group of investors, bought the Russian subsidiary of British bank Barclays Bank, which was merged into ExpoBank, and Stromkombank in Krasnoyarsk (reorganised as the Krasnoyarsk subsidiary of Expobank in March 2013).[8]. At the same time he sold his stake in MDM Bank for 5.4 billion rubles, half of it in the form of 100% of the shares in Latvian Trade Bank (now Expobank).[9]
- In August 2013 bought FB Leasing, the Russian subsidiary of VR Leasing AG.[1] Later the company was merged into ExpoBank.[10]
- In March 2015 Igor Kim's ExpoBank bought 84.66% of MAK-Bank from diamond mining company ALROSA.[11]
References
- ^ a b c d e f g h i Elena Zubova: "Acquirer of Banks: Igor Kim as a reflection of the evolution of the banking system" (in Russian). Forbes.ru, 23.10.2013
- ^ MDM Bank: "MDM Bank's CEO is Banker of the Year. 2.12.2009
- ^ [Expobank Board of Directors and Management Board http://www.expobank.eu/eng/left/about-us/council-and-board]
- ^ RB.ru: Igor Kim. Biography
- ^ a b c Forbes.ru: Igor Kim. Profile
- ^ RIA Novosti: "Sergei Timofeev to replace Igor Kim as Chairman of the Management Board of MDM Bank. 06.07.2010
- ^ Forbes.ru: "Igor Kim buys subsidiary bank of WestLB in Russia". 02.07.2012
- ^ NGS News: Stromkombank of Krasnoyarsk joins Igor Kim's bank. 12.03.13
- ^ Forbes.ru: Igor Kim sells stake in MDM Bank
- ^ "Notification of Material Fact regarding a general meeting of participants (shareholders) of a legal entity and decisions adopted by them" 25.09.2013. (doc, 64 kb)
- ^ Igor Kim bought MAK Bank from ALROSA