Financial Group Restructuring
Hired by shareholders of financial services company to formulate and execute comprehensive strategic development strategy to transform the group into a leader in Russian financial services. As Group CEO had primary responsibility for all aspects of the Group’s business, including executive management of the private equity, asset management, and private banking businesses, internal financial management, and operations. Also responsible for strategic development of corporate culture, PR and marketing, re-branding, and overall transformation of the company from a private family firm into a client-focused public corporation. Implementation of new strategy resulted in increase in revenues, execution of new private equity investments, increase in assets under management, nationwide expansion of business and opening of significant number of new offices, transformation of corporate governance, comprehensive re-branding of company and creation of national advertising strategy, opening of new business lines, and general transformation of the company. Specifically, accomplishments include the following: Comprehensive review of business and operational strategy. Development of company strategy. Hiring of new teams in all areas of the firm to implement new strategy. Execution of principal investments resulting in returns to the firm of over 80%. Restructuring of company to increase corporate transparency and tax efficiency for shareholders. Re-branding of company, including new logo, firm style, and advertising campaign. Establishment of three new asset management funds and opening of nine new asset management offices in seven cities throughout Russia. Increase in assets under management from approximately $30 million to over $150 million. Restructuring of internal procedures, including budgeting, financial controls and reporting, institution of IFRS accounting, and new management reporting system. Introduction of corporate training program.