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Board of directors’ member


2016 – 2019
Chairman of the Board at SOLLERS, a leading Russian automotive company, Independent Director.
2011 – 2018
Board member at SIBUR Holding, Russia’s and Eastern Europe’s leading petrochemicals firm. Chairman of the Board’s Personnel and Remuneration Committee until May 2015; since May 2015 – Chairman of the Audit Committee.
2009 – present
Board member at KAMAZ, the largest truck producer in Eastern Europe; member of the HR and Remuneration Committee of the Board of Directors.
Board member at AvtoVAZ, Eastern Europe’s largest carmaker; member of the HR and Remuneration Committee of the Board of Directors.
Board member at United Automotive Technologies, a major manufacturer of auto parts in Russia.
Board member at RusSpetsStal, a holding for steel manufacturing.
Board member at NOVATEK, the largest independent gas producer in Russia; Chairman of the Corporate Governance and Compensations Committee; member of the Audit Committee of the Board of Directors.
Chairman of the Board at Sukhoi Civil Aircraft, Russia’s largest aircraft holding company.
Board member at Amtel-Vredestein N.V., Netherlands-Russia tyre producer and passenger car tyre manufacturer.
Board member at Ulyanovsk Aviation Industrial Complex "Aviastar".

High technology and innovation

2016 – present
Co-Founder, Member of the Board of Trustees of the Foundation for Armenian Science and Technology (FAST, Armenia).
2016 – present
Member of the Board of Trustees of the Investment and Venture Fund of the Republic of Tatarstan.
Chairman of the Board at Russian Venture Company, a government fund of funds and development institute of the Russian Federation.
2010 – 2017
Board member at Joule Unlimited, Inc. (U.S.), a pioneer in the production of liquid fuel from solar energy.
Member of the Supervisory Board for the closed-end mutual venture investment fund Skolkovo-Nanotech.
Founder and Member of the Steering Committee of Troika Capital Partners, a private equity investment arm of Troika Dialog. In 2006 and 2007 TCP won competitions for the management of regional venture capital funds for investments in small enterprises in the science and technology sphere in Tatarstan, the Krasnoyarsk Territory and the Moscow Region.

Finance and insurance

2018 – present
Member of the Board of Directors of Global Blue Russia Holdings B.V., the Russian joint venture with the provider of world class tax free shopping services.
2014 – 2019
Member of the Economic Advisory Board at the International Finance Corporation (IFC), the private-sector arm of the World Bank Group.
Board member at Standard Bank Plc., the largest African banking group.
Board member at ZhASO Insurance Group, one of Russia’s largest insurers.
2007 – 2020
Board member at Ameriabank, a leading Armenia-based bank. Mr. Vardanyan chaired the Board at Ameriabank from 2007-2013.
Board member at URSA Bank; member of the Strategic Planning Committee of the Board of Directors.
Member of the Supervisory Board for the Singapore-Russia private-equity fund Russia New Growth Fund.
Board member at AK BARS Bank; member of the HR and Remuneration Committee of the Board of Directors.
Member of the International Advisory Board at Marsh & McLennan Companies, a world-leading professional services, risk management, and insurance brokerage firm.
Board member at GazBank.
Chairman of the Board at City Mortgage Bank.
2004–2005, 2013–2015
Board member at Rosgosstrakh. In 2011–2013, Mr. Vardanyan served as Chairman of the Board. He chaired the Board’s Remuneration Committee in 2013–2015.
Board member at Bank of Moscow.
Board member at DialogBank.

Real estate and infrastructure

Equity Investor and Board member at Ekosistema, PJSC, one of the first companies in Russia engaged in the development and implementation of waste recycling technologies.
Board member at Sheremetyevo International Airport; Chairman of the Strategic Planning Committee of the Board of Directors.
2007 – present
Member of the Investment Committee for Avica Property Investors International, a private-equity real estate investment management firm.


2020 – present
Member of the Board of Directors of Volga-Dnepr Group, a leader in the Russian airfreight industry in the oversize and heavy cargo market.

Agricultural sector

Board member at United Grain Company, one of Russia's largest infrastructure and trading companies; Member of the Board’s Strategic Planning Committee.
Board member at Efremov, a Russian subsidiary of Cargill.


Board member at Izvestia Newspaper.