Andriy Volkov (Ukrainian: Андрій Вікторович Волков; born in 1976, Odesa, Ukraine) is a Ukrainian financier, the founder and partner of the Investohills group of companies, the head of the National Securities and Stock Market Commission (2014).
Biography
Andriy Volkov was born in 1976 in Odesa.
In 1998, he obtained a master's degree in international economics from the Odesa National Economics University. During his student years, he headed AIESEC's local committee in Odessa.
In 1997, he became a consultant in banking management at the auditing and consulting company PricewaterhouseCoopers.
In 2001, he headed the risk management department at Alfa-Bank Ukraine, and in February 2003 he became a member of the bank's Management Board.
In October 2003, Andriy Volkov became the Deputy Chairman of the Board of Alfa-Bank Ukraine.
From 2006 to 2009, he was the chairman of the board of Alfa-Bank Ukraine, and at the same time he was the chairman of the supervisory board of the Alfa-Insurance company.
In 2009, Andriy Volkov left "Alfa-Bank Ukraine" and became one of the founders of the Investohills investment group.
In 2014, EMF New Europe Insurance Fund, an international investment fund specializing in investments in the insurance business, became an investor in Investohills. The deal was closed in the summer of 2014 and, according to Forbes Ukraine, it became the best deal involving foreign investors in the financial sector.
In April 2014, the Cabinet of Ministers of Ukraine appointed Andriy Volkov as the head of the National Securities and Stock Market Commission (Ukraine). However, due to a conflict with the then acting acting he did not start work as the head of the National Financial Service Commission and resigned from his post. A few months later, his appointment was revoked.
Later returned to his company Investohills, which has bought 12,000 distressed mortgages and car loans, with about 6,000 lawsuits ongoing worth a total of $650 million. Between 2019 and 2020, the Investohills purchased over 50% of all distressed loans sold by the Ukraine's government. The company formed a debt portfolio worth 100 billion hryvnias.
In 2021, Investohills was recognized as the largest financial player in the problem debt market in the nomination "TOP 100 largest leaders of the financial market".
During the Russian invasion of Ukraine, Volkov converted a non-residential building in Zaporizhzhia (owned by his company) into a center for assistance and housing for internally displaced persons. Volkov also transformed his own hotel in Kyiv into barracks for the Ukrainian Armed Forces and assisted in relocating the Ukrainian manufacturer of bulletproof vests TEMP-3000 to western part of Ukraine.
References
Living people
Year of birth missing (living people)