Members of the Chairmen Board

  • Olga Glukhova
    Member of the Management Board, Managing Director (Legal)

    Olga Glukhova graduated from Saint Petersburg State University in 1994, majoring in law.

    For over twenty years she worked as a lawyer in the financial sector, holding managerial positions with Promstroybank of Russia, Transcapitalbank, the Inter-regional Department of the Bank of Russia’s Service for Financial Markets in Northwestern Federal District, and a number of commercial banks in Saint Petersburg.

    Before joining EDB, Olga Glukhova worked at the Central Bank of Russia as deputy head of a division of the Service for Protection of Financial Services Consumers and Minority Shareholders in Northwestern Federal District.

    She has been EDB’s Managing Director (Legal) since 2016. On 3 April 2017, Olga Glukhova was appointed to the Management Board.


  • Maxim Korzhov
    Deputy Chairman of the Management Board

    Maxim Korzhov graduated from Lomonosov Moscow State University, majoring in economics, and obtained his master’s degree at City University London. He holds a candidate of economics degree.

    In 2003-2007, he worked at LUKOIL Overseas, his positions ranging from lead specialist to head of Business Development. In 2007-2011, Maxim Korzhov worked at Deutsche Bank as vice president of the Global Markets Department and then as director of the Investment Banking Department. In 2011-2015, he was managing director of the Corporate Investment Department and executive director at VTB Capital, and a member of the Board of Directors at VTB Kazakhstan.

    Maxim Korzhov was appointed as Deputy Chairman of the Management Board at EDB on 2 March 2015.

  • Sergey Kostrikov
    Member of the Management Board, Managing Director (Business Planning)

    Sergey Kostrikov majored in economics at Moscow State University and holds a candidate of economics degree.

    Since 1994, he worked at PricewaterhouseCoopers in Russia and the CIS countries. Since 2002, he was managing consultant at IBM East Europe/Asia and in 2004-2006 director of the Ingosstrakh Centre for Strategic Planning. In 2006-2011, Sergey Kostrikov was partner and insurance practice leader at PricewaterhouseCoopers (Russia).

    On 19 January 2012, Sergey Kostrikov was appointed as Managing Director (Business Planning) and in October 2013 he became a member of the Management Board at EDB.

  • Konstantin Limitovskiy
    Deputy Chairman of the Management Board

    Konstantin Limitovsky graduated from the Financial Academy under the Government of the Russian Federation.

    In 1997-1998, he headed the project and corporate finance departments at the Russian-American Investment Bank and Moscow Narodny Bank. In 1998-2003, Konstantin Limitovsky was project finance director for energy and infrastructure at the Black Sea Trade and Development Bank, an international development bank headquartered in Greece. In 2003-2010, he supervised project and structured finance activities at Russia’s largest commercial banks, including Alfa Bank, Gazprombank, and Sberbank. Before joining EDB in September 2015, Konstantin Limitovsky managed project finance at VTB Group as vice president.

    Konstantin Limitovsky was appointed as Deputy Chairman of the Management Board at EDB on 29 September 2015.


  • Yaroslav Lissovolik
    Member of the Management Board, Chief Economist

    Yaroslav Lissovolik holds degrees from Harvard University, London School of Economics and MGIMO, including PhD in economics.

    In 2001-2004, he was advisor to Executive Director from the Russian Federation in the International Monetary Fund. Since 2004 and before joining EDB, he was chief economist, head of research and member of the Management Board at Deutsche Bank Russia.

    Yaroslav Lissovolik is a member of the Russian Government Expert Council and the Advisory Council under the Chair of the Central Bank of Russia.

    Yaroslav Lissovolik was appointed as Chief Economist at EDB in November 2015 and joined the Management Board on 3 April 2017.

  • Berik Mukhambetzhanov
    Member of the Management Board, Managing Director (Finance)

    Berik Mukhambetzhanov graduated from the Kazakh State Academy of Management. In 1993-1997 he worked at the National Bank of Kazakhstan; in 1997-1998 at BTA Bank (former Bank TuranAlem); and between 1998 and March 2006 at HSBC Bank Kazakhstan, first as deputy financial controller and since 2003 as financial controller and member of the Board. In 2006, Berik Mukhambetzhanov was director of the Audit Department at the Samruk Holding.

    Since 2007, Berik Mukhambetzhanov has been heading the Planning and Reporting Department at EDB and in September 2010 he was appointed as Managing Director (Finance). He became a member of the Management Board at EDB in December 2010.

  • Andrey Chernenko
    Deputy Chairman of the Management Board

    Andrey Chernenko graduated from Lomonosov Moscow State University, Department of Journalism, and the Academy of Social Sciences at the Central Committee of the Communist Party of the Soviet Union. He is a candidate of law. Andrey Chernenko served in the navy and worked in the media. Between 1989 and 2005, he worked for executive agencies of the Russian Federation, the Ministry of Internal Affairs and national security agencies. He also headed the Central Office of the Government of the Russian Federation and several federal services. For more than six years Andrey Chernenko was vice president and then senior vice president at VTB Bank.

    Andrey Chernenko was appointed as Deputy Chairman of the Management Board at EDB on 10 August 2015. He is in charge of liaising with government authorities, security, compliance control, and administration of affairs.

  • Natalia Churgel
    Member of the Management Board, Managing Director (Organisational Development)

    Natalia Churgel holds a master’s degree in international business and business administration from MGIMO.

    In early professional years she headed the Department for Relations with International Development Banks at the Ministry of Finance of Russia. She also headed the Department for Financial Market Monitoring and Analysis and was advisor to the head of Russia’s Federal Financial Markets Service.

    Before joining EDB, Natalia Churgel was advisor to the Chairman of the Board of the International Investment Bank.

    She has been EDB’s Managing Director (Organisational Development) since November 2015. Natalia Churgel was appointed to the Management Board on 3 April 2017.