Early Life and Education
Andrei Kosogov was born on March 15, 1961, in Sillamäe, Estonia, which was then part of the Soviet Union. He moved to Slavyansk, Ukraine, at a young age. Kosogov studied at the Moscow Power Engineering Institute (MPEI), earning a degree in thermal physics in 1987. He was also one of the Lenin Scholars at MPEI.
Rise to Success
Kosogov began his career in the financial sector during a period of significant economic transition in Russia. He joined Alfa Group in 1992. He played a key role in expanding the company's interests across various sectors, including banking, telecommunications, and oil and gas. He was also involved with the creation and growth of VimpelCom, now VEON. From 1999 to 2005, he served as Vice President of Alfa-Bank and headed its investment department. In 2013, Kosogov co-founded LetterOne, an international investment firm. In 2022, Kosogov became the largest shareholder in Alfa-Bank.
Key Business Strategies
Key business strategies included identifying lucrative investment opportunities and managing complex projects within Alfa Group. He oversaw many successful deals to buy and sell various assets, including media holdings. In 2023, he acquired the stakes of Mikhail Fridman and Petr Aven in Alfa-Bank and Alfa Strakhovanie.
Philanthropy
Andrei Kosogov is involved in private philanthropy. He has supported a hospital for children with central nervous system disorders since 1996. He has also supported elderly Russian scientists.
