Andrey Vavilov
Encyclopedia
Andrey Petrovich Vavilov ' onMouseout='HidePop("41134")' href="/topics/Perm">Perm
Perm
Perm is a city and the administrative center of Perm Krai, Russia, located on the banks of the Kama River, in the European part of Russia near the Ural Mountains. From 1940 to 1957 it was named Molotov ....

) is a Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

n politician and businessman, senator
Federation Council of Russia
Federation Council of Russia ) is the upper house of the Federal Assembly of Russia , according to the 1993 Constitution of the Russian Federation...

 and a former first deputy finance minister of Russia, secretary of state.

In 2002 Mr. Vavilov was elected as a member of the Federation Council of Russia
Federation Council of Russia
Federation Council of Russia ) is the upper house of the Federal Assembly of Russia , according to the 1993 Constitution of the Russian Federation...

 representing the Penza Region Legislative Assembly.

In 2000-2002 the Chairman of the Board of Severnaya Neft.

In 1998-2002 the Head of the Institute for Financial Studies
Institute for Financial Studies
The Institute for Financial Studies is a private, independent, non-partisan research institute founded in 1996 by a group of well-known Russian economists led by Andrey Vavilov and Alexey Pomansky. They were united by a common goal of bridging the gap between finance theory and practice of...

.

In 1997 the President the MFK Bank.

In 1992-1997, Vavilov occupied the post of first deputy finance minister of Russia.

In October-November 1994 the acting minister of Russia.

Mr. Vavilov holds a Ph.D degree in economics.

While in office at the Finance Ministry, one of his responsibilities was negotiating with the International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...

, the Paris
Paris Club
The Paris Club is an informal group of financial officials from 19 of some of the world's biggest economies, which provides financial services such as war funding, debt restructuring, debt relief, and debt cancellation to indebted countries and their creditors...

 and London
London Club
An informal group of private creditors on the international stage. Similar to the Paris Club of public lenders. London Club is not the only informal group of private creditors. Its first meeting took place in 1976 in response to Zaire's payment problems....

 Clubs. Under the supervision of Mr. Vavilov the Russian Federation was assigned to its first international investment ratings
Credit rating
A credit rating evaluates the credit worthiness of an issuer of specific types of debt, specifically, debt issued by a business enterprise such as a corporation or a government. It is an evaluation made by a credit rating agency of the debt issuers likelihood of default. Credit ratings are...

 in 1996. He has initiated and arranged the issue of the first Russian eurobond
Eurobond
A Eurobond is an international bond that is denominated in a currency not native to the country where it is issued. It can be categorised according to the currency in which it is issued. London is one of the centers of the Eurobond market, but Eurobonds may be traded throughout the world - for...

s on the international market. From 1992 to 1997. Mr. Vavilov has participated in the preparation of the G7 meetings concerning the financial aspects of the summit that resulted in relieving the financial burden of Russia by $25 billion per year.

Recent publications in English:
Andrey Vavilov, The Russian Public Debt and Financial Meltdowns // Palgrave Macmillan, September 2010

External links

  • Official site
  • Biography on Lenta.ru
    Lenta.Ru
    Lenta.Ru is a Moscow-based news website in Russian language, owned by Rambler Media Group which belongs to Prof-Media. It is considered one of the most popular Russian language online resources with over 600 thousand visitors daily....

    site
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