Igor Valentinovich Finogenov, born on March 24, 1959, in Leningrad (now Saint Petersburg), is a distinguished Russian banker and entrepreneur. Throughout his career, he has played a pivotal role in shaping the financial landscapes of Russia and neighboring countries, notably contributing to the establishment and growth of significant financial institutions.
Early Life and Family Background
Born into a family of civil servants, Finogenov was raised in an environment that valued education and intellectual development. This nurturing atmosphere fostered his early interest in the natural sciences and literature. During his school years, he actively participated in subject-specific Olympiads and developed a particular interest in the English language during high school.
Education and Career Beginnings
In 1982, Finogenov graduated from the Leningrad Shipbuilding Institute with a degree in Mechanical Engineering, specializing in cybernetics and automation processes in the energy sector. He furthered his education by graduating from the USSR Academy of Foreign Trade in 1989. Additionally, he pursued studies in Modern Management at York University in Toronto, Canada, and completed a top management course at Harvard Business School.
Following his initial graduation, Finogenov began his career at the Polzunov Scientific and Production Association in Leningrad, working as an engineer and researcher from 1982 to 1987. His proficiency in English and exposure to international trade during this period led him to a position as a senior economist at the All-Union Association Energomashexport from 1987 to 1991, where he supervised the supply of high-tech equipment and managed various aspects of foreign trade operations.
Professional Life
Finogenov’s transition into the banking sector began in 1992 when he became a co-owner of TIPCO Venture Bank. He served as deputy chairman and later chairman of its board of directors, overseeing its transformation into Nomos-Bank. Under his leadership, Nomos-Bank specialized in servicing medium and large-sized businesses and began investing in precious metal mining companies, significantly contributing to its growth and prominence in the Russian banking sector.
In 2005, Finogenov was appointed assistant to the Minister of Finance of Russia, where he worked on the creation of the Eurasian Development Bank (EDB). As chairman of the EDB from 2006 to 2015, he supervised major projects, including the Eurasian Transport Corridor and the Central Asian water and energy complex, fostering economic integration and development across member countries.
Following his tenure at the EDB, Finogenov served as president of Polymetal International PLC (Kazakhstan) from 2015 to February 2024, overseeing the development of significant mining projects such as the Kyzyl and Varvara mines. His role involved coordinating interactions with state bodies in Kazakhstan, including obtaining permits, verifying transactions, taxation, and licensing.
Personal Life
Details about Finogenov’s personal life are relatively private. He is known to have a strong academic background and a career dedicated to the development of financial institutions and economic integration in the Eurasian region.
Relationship with Siblings
Information regarding Finogenov’s relationships with siblings or other family members is not publicly available, as he maintains a private personal life.
Net Worth and Financial Standing
Specific details about Finogenov’s net worth are not publicly disclosed. However, his leadership roles in major financial institutions and contributions to significant economic projects suggest a substantial financial standing.
Conclusion
Igor Finogenov’s career reflects a profound impact on the financial and economic development of Russia and the broader Eurasian region. His leadership in banking and international economic integration has facilitated significant projects and fostered economic growth across multiple countries. While he maintains a private personal life, his professional achievements continue to influence the financial sector and regional economic policies.
