Alexey Ustaev
Ustaev Alexey Yakubovich - entrepreneur, financier and investor. BiographyAlexey Yakubovich Ustaev was born on April 12, 1960, in Tashkent. His father and mother were Bukharan Jews and educators. His mother, Ida Yusupovna Kandinova (1936–1980), was a teacher of Russian language and literature, deputy principal of School No. 125 in Tashkent, and director of the Nadezhda Krupskaya House of Pioneers. On his maternal side, Alexey Ustaev is the grandson of Yosef Shalom Kandinov (1906–1978), an Uzbek educator, World War II veteran, enlightener, and public figure. Yosef Kandinov came from a family of Bukharan Jews: on his father's side from the Kandin family, and on his mother's side from the Kalontarov-Normatov family. The Kandin family played a significant role in the history of the Jewish community of Bukhara. One of the most prominent members of this family was Aaron Moshe Kandin (1822–1909), a merchant, treasurer (Minister of Finance) of the Emirate of Bukhara, head of the Jewish community in the second half of the 19th century, philanthropist, and benefactor.[3] Through his grandfather Yosef Kandinov, Alexey Ustaev is a direct descendant of Aaron Kandin.[4] Education1982 – Graduated from the Tashkent Polytechnic Institute Archived 2017-02-20 at the Wayback Machine, with qualification as "Civil engineer". Creation of the first Russian commercial bankIn August 1988 the first private commercial bank of Russia – "Viking" - was created in St. Petersburg as an experiment. The bank was granted license No. 2 (the first license was obtained by a bank in Kazakhstan which went out of business in the 1990s). From this point on the era of formation of a banking system began in the New Russia[6] Alexey Ustaev hired statesmen as Anatoly Kurkov[7] (former head of a central board of the Ministry of Internal Affairs in Leningrad), Valery Zaborov (the former assistant prosecutor in the Leningrad region), Nikolay Sergeyenko (the former deputy chief of city tax inspection), Leonid Perekrestov (major general of the Municipal Department of Internal Affairs of St. Petersburg), Victor Halansky[8] (the founder of the modern banking system in St. Petersburg, from 1990 to 1996 the chief of the Main Department of the Central Bank of RSFSR in Leningrad and St. Petersburg) and other outstanding people. From the moment of creation of Viking Bank, Alexey Ustaev defined the main principles of activity as an active work within the real sector of the economy, complete refusal of risky operations and an individual approach to each client.[9] Work with the industrial enterprisesThe main activity of Alexey Ustaev is the work within the sphere of investment financing of enterprises in the real sector of the economy. Inside Viking Bank, Alexey Ustaev developed its own unique system of service for corporate clients – the industrial enterprises – for the purpose of protection of the business against external risks. The two-tiered model includes a professional team of experts for financial profiles working in Viking Bank and also highly specialized companies, which were especially created and attracted on the terms of outsourcing the rendering of legal, economic, tax, consulting, IT, business maintenance services, both ensuring economic safety and insurance of the enterprises, and also a bank which conducts monitoring of the borrower, not only at the stage of issuing of loans, but also during the course of implementation of the business plan in changing market conditions, for which it was organized. This system allowed Viking Bank to introduce a new approach with the organization and regulation of the process of lending to companies. The bank refused to play a passive role as the provider of borrowed funds and became instead a full partner interested in the improvement of the financial position and expansion of the business of its clients. The bank carries out active work for enterprises in light industry, hotel business, trade and services sectors, development sectors and other branches of the economy.[10] Public and social workSince 1999 - Member of the Diplomatic Club The Viking bank led by Alexey Ustaev actively participates in various social programs, it provides help to socially disadvantaged segments of the population, and it supports the development of sports, science and education. 1995-2009 - payments of grants to families of disabled people who have to look after minor children, and later to families of disabled people. Since 2004 - financial support of the Ballet Drama School of L.V. Jakobson and Orphanage No. 8 of the Vyborgsky District of St. Petersburg. 2004-2006 – Alexey Ustaev actively develops chess activities, being the president of the St. Petersburg Chess Federation.[12][13] Since 2006 – financial help to the Turner Children's Orthopedic Research Institute and to the K.K. Grota Boarding School for Blind and Visually Impaired Children. Since 2007 - Alexey Ustaev was elected president of the Association of Chess Federations of the Northwest Federal District of Russia.[14] The association unites chess federations from 10 regions of the Northwest and is one of the largest chess associations in Russia. With Alexey Ustaev's financial and organizational support, sporting events of various levels – from children's competitions to tournaments of veterans, the championships of Russia, large international competitions to participation of the most successful chess players are held. Since 2008 – charitable help to Orphanage No. 6 of the Primorsky District of St. Petersburg. Since 2009 - under the patronage of Alexey Ustaev, the Chess School Northwest Federal District successfully works with the participation of the grand masters Evgeniy Solozhenkin and Alexey Shirov. Since 2011 help is given to the Regional Children's Clinical Hospital,[18] the Volosovsky Regional Orphanage No. 1, and the shelter "Baby". In 2011 Viking Bank represented by its chairman of the board, A.Y. Ustaev, was awarded the gratitude of the Governor of St. Petersburg, Valentina Matviyenko, for its active participation in charity and the promotion of programs benefiting children.[19] AwardsAward of the President of the Slovak Republic "Honorable Cross", 2nd degree. Publications
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