Alexey Ustaev


Ustaev Alexey Yakubovich is a Russian banker and financier, president of Commercial Bank “Viking" Stock Company.
Born on April 12, 1960. Since 1984 worked in Lenhydroenergospetstroy, took part in the construction of complex of structures to protect the city from floods. In 1987 commenced engagement in business activities, became director general of the Soviet-Swedish enterprise "Viking" and chairman of the cooperative "Vera". In 1988 founded the First Russian Commercial bank "Viking", of which he is the president.

Education

1982 – Graduated from the , with qualification as "Civil engineer".

1994 – Graduated from the Interdepartmental Institute of Professional Development at St. Petersburg, University of Economics and Finance, chosen field Finance and Credit, with a major specialization in "banking".

2004-2007 – Applicant seeking degree as Candidate in Economic Sciences at St. Petersburg University of Economics and Finance.

2007 – Defense of thesis on "Monitoring of Clients as a System Element of Bank Crediting", assignment of the scientific degree of Doctor of Economics.

Creation of the first Russian commercial bank

In August 1988 the first private commercial bank of Russia – "Viking" - was created in St. Petersburg as an experiment. The bank was granted license No. 2. From this point on the era of formation of a banking system began in the New Russia
Alexey Ustaev hired statesmen as Anatoly Kurkov, Valery Zaborov, Nikolay Sergeyenko, Leonid Perekrestov, Victor Halansky and other outstanding people.
From the moment of creation of Viking Bank, Alexey Ustaev defined the main principles of activity as an active work within the real sector of the economy, complete refusal of risky operations and an individual approach to each client.

Work with the industrial enterprises

The main activity of Alexey Ustaev is the work within the sphere of investment financing of enterprises in the real sector of the economy.
Inside Viking Bank, Alexey Ustaev developed its own unique system of service for corporate clients – the industrial enterprises – for the purpose of protection of the business against external risks. The two-tiered model includes a professional team of experts for financial profiles working in Viking Bank and also highly specialized companies, which were especially created and attracted on the terms of outsourcing the rendering of legal, economic, tax, consulting, IT, business maintenance services, both ensuring economic safety and insurance of the enterprises, and also a bank which conducts monitoring of the borrower, not only at the stage of issuing of loans, but also during the course of implementation of the business plan in changing market conditions, for which it was organized.
This system allowed Viking Bank to introduce a new approach with the organization and regulation of the process of lending to companies. The bank refused to play a passive role as the provider of borrowed funds and became instead a full partner interested in the improvement of the financial position and expansion of the business of its clients.
The bank carries out active work for enterprises in light industry, hotel business, trade and services sectors, development sectors and other branches of the economy.

Public and social work

Public work:

Since 1989 - Member of Council of Northwest Banking Association

Since 1999 - Member of the Diplomatic Club

Since 2004 - Academician of the St. Petersburg Engineering Academy

2004-2006 – President of the St. Petersburg Chess Federation

Since 2007 - President of the Association of the Chess Federations of the Northwest Federal District
The Viking bank led by Alexey Ustaev actively participates in various social programs, it provides help to socially disadvantaged segments of the population, and it supports the development of sports, science and education.
1995-2009 - payments of grants to families of disabled people who have to look after minor children, and later to families of disabled people.
Since 2004 - financial support of the Ballet Drama School of L.V. Jakobson and Orphanage No. 8 of the Vyborgsky District of St. Petersburg.
2004-2006 – Alexey Ustaev actively develops chess activities, being the president of the .
Since 2006 – financial help to the and to the K.K. Grota Boarding School for Blind and Visually Impaired Children.
Since 2007 - Alexey Ustaev was elected president of the Association of Chess Federations of the Northwest Federal District of Russia. The association unites chess federations from 10 regions of the Northwest and is one of the largest chess associations in Russia. With Alexey Ustaev's financial and organizational support, sporting events of various levels – from children's competitions to tournaments of veterans, the championships of Russia, large international competitions to participation of the most successful chess players are held.
Since 2008 – charitable help to Orphanage No. 6 of the Primorsky District of St. Petersburg.
Since 2009 - under the patronage of Alexey Ustaev, the Chess School Northwest Federal District successfully works with the participation of the grand masters Evgeniy Solozhenkin and Alexey Shirov.

Since 2011 Alexey Ustaev founded bank scholarships for gifted students of leading economic HIGHER EDUCATIONAL INSTITUTIONS of St. Petersburg.
Since 2011 help is given to the Regional Children's Clinical Hospital, the Volosovsky Regional Orphanage No. 1, and the shelter "Baby".
In 2011 Viking Bank represented by its chairman of the board, A.Y. Ustaev, was awarded the gratitude of the Governor of St. Petersburg, Valentina Matviyenko, for its active participation in charity and the promotion of programs benefiting children.

Awards

Award of the President of the Slovak Republic "Honorable Cross", 2nd degree.

Medal "300th Anniversary of St. Petersburg".

National Award in the field of management "Best Leader of Russia".

International Award of the European Assembly of Business for "United Europe" for the personal contribution towards European integration.

Public award of the Main and All-Russian Award "Russian National Olympus" — "For honor and valor".

Award "The Best Leader of Russia".

Honorary title "Top Manager of the Russian Federation 2007".

Medal of the St. Petersburg Chamber of Commerce and Industry "For distinction in business development".

Award of the Russian Banking Association "Manager of the Year in the Banking Sphere".

A.M.Gorchakov silver medal of the Ministry of Foreign Affairs "For the contribution to strengthening the peace and the development of international cooperation". Awarded as an acknowledgement of the merits of strengthening the peace and the development of international cooperation, the statement of universal ideals, and humanitarian values.

Award of the Russian Banking Association 2013 awarded to Alexey Ustaev - National bank award "Banker of the Year".

The highest award of Northwest Banking Association.

Honorary title "Honored banker".

State award of the Slovak Republic "For significant contribution to the reputation of the Slovak Republic abroad"

Publications

A.Y. Ustaev, "By nationality we are Russians, by ideology we are professionals".

A.Y. Ustaev, "The First Commercial Bank of the New Russia".

A.Y. Ustaev, "We believed the state"

A.Y. Ustaev, "Monitoring the financial condition of clients in a controlled system of credit risks of the bank".

A.Y. Ustaev, "The Principles of Carrying Out Monitoring of Borrowers in a Controlled System of Credit Risks of Banks".

A. Y. Ustaev, "Banks as active subjects of industrial policy".

A. Y. Ustaev, "We believed the state".

A. Y. Ustaev, "Technologies of bank lending in conditions of an unstable economy".

A. Y. Ustaev, "Relationship of banks with problem borrowers".

A. Y. Ustaev, "Monitoring of clients as an element of a bank lending system".

A. Y. Ustaev, "On the assessment of efficiency of bank mediation in lending".

A. Y. Ustaev, "Medium and small banks in the Russian banking system".

A. Y. Ustaev, "In St. Petersburg the creation of the Viking Bank - the modern Russian banking system".