Alexander Savelyev & family

Early Life and Career

Alexander Savelyev began his career outside the banking industry, working in various transport enterprises during the 1980s and 1990s. This early experience provided a foundation for his later success.

Rise to Success

Savelyev transitioned into the banking sector, becoming the CEO of Bank of Saint Petersburg in 2001. Under his leadership, the bank has grown to become one of the largest in Russia. Savelyev is the controlling shareholder, owning approximately 27% of the bank, while his daughter and top managers control an additional 28%.

Key Business Strategies

A key strategy for Savelyev has been to maintain Bank of Saint Petersburg's profitability even during challenging economic periods. The bank remained profitable in 2022, a time when many Russian banks faced losses.

Philanthropy

While specific amounts are unavailable via search, Savelyev's family is associated with Bank of Saint Petersburg which has been involved in various forms of philanthropy as part of its corporate social responsibility.