Ilya Bakhturin Appointed as Deputy Chairman of the Executive Board of RUSNANO Management Company’s Investment Division
Ilya Bakhturin’s key tasks in his new role will include creating a new investment channel in line with an updated strategy as well as restructuring the historic portfolio.
Ilya Bakhturin has been working in the sphere of investments and finance for approximately 20 years at companies, such as Goldman Sachs, JP Morgan, McKinsey & Co, Ernst & Young, Baring Vostok and the Russian Direct Investment Fund (RDIF), where he was a board member and Director of the Special Investment Division responsible for the launch and development of the RDIF Technologies channel, which had been created to facilitate investment in the high-tech sphere, including the artificial intelligence sector.
From 2018 to 2020, Ilya Bakhturin was a member of Supervisory Boards of the Moscow Exchange and Bank Trust PJSC.
“It’s a great honor and a serious challenge for me to be involved in the transformation of a company, such as RUSNANO. My goal, as I see it, is to transform it into an effective tool for making fast and expert investment decisions that will facilitate the creation of novel, truly cutting edge products, which will change the global technology landscape,” stated Ilya Bakhturin.
The RUSNANO Group includes the RUSNANO Joint Stock Company, the RUSNANO Management Company and the Fund for Infrastructure and Educational Programs. Thanks to RUSNANO’s investments, there are currently 126 factories and R&D Centers opened in 38 regions in Russia.
Currently, the Russian Government is reconfiguring the system of development institutions, which provides for the integration of RUSNANO into the management scope of VEB.RF. Based on VEB, a centralized investment unit is being created to implement projects that contribute to national development goals. The VEB Group’s priority is to consolidate public and private investment resources for the country’s breakthrough development, improve quality, and create comfortable conditions for people’s lives.