Dimitry Vasiliev

Last updated

Dimitry Vasiliev is a Russian politician and bureaucrat who was involved in the privatization of the Russian Economy in the 1990s.

Contents

Background

Prior to his involvement in the privatization of Russia's economy, Vasiliev was a scholar-in-residence and co-chair of the Corruption and State Reform Program at the Carnegie Moscow Center. [1]

Involvement in privatization of Russian economy

Vasiliev was heavily involved in the reconstruction of the Russian economy after the communist party lost power 1991. [2] Vasiliev held many positions within the bureaucracy created during this time. He was the deputy chairman of the Federal Agency for State Property Management and the Russian Privatization Center's board of directors. He was also the first Chairman of Russia's Federal Commission of Securities Market (FCSM) as well as the executive director from 1996 to 1999. [3] At FCSM he blocked Sidanco, a Siberian oil company, from diluting its shares in response to a complaint by American investment manager Bill Browder. [4]

He was also an important figure in the First Russian Specialized Depository, The Harvard Institute for International Development, and the Gore-Chernomyrdin Commission. [2]

Vasiliev actively campaigned for the rights of investors in Russia during this period. After participating in the creation of the FCSM, he steered its activities toward upholding investor interests. [3] Vasiliev's activities may have been motivated at least in part by self-interest as he also held a role during this time as the deputy chair of CROC Incorporated, a leading Russian information technology service provider. [5]

Current occupation

Today, Dmitry Vasiliev is serving as the co-founder and executive director of the Institute of Corporate Law and Corporate Governance, which was created in June 2000. He previously served on the Board of Governors, the highest collective management body. He is also the General Director of Trans-Siberian Gold Management. [3] [6]

Related Research Articles

Corporate titles or business titles are given to corporate officers to show what duties and responsibilities they have in the organization. Such titles are used by publicly and privately held for-profit corporations, cooperatives, non-profit organizations, educational institutions, partnerships, and sole proprietorships also confer corporate titles.

Corporate governance are mechanisms, processes and relations by which corporations are controlled and operated ("governed").

<span class="mw-page-title-main">Minister of Health (Canada)</span>

The minister of health is the minister of the Crown in the Canadian Cabinet who is responsible for overseeing health-focused government agencies including Health Canada and the Public Health Agency of Canada, as well as enforcing the Canada Health Act, the law governing Canada's universal health care system.

<span class="mw-page-title-main">M. S. Banga</span> Indian-born British businessman

Manvinder "Vindi" Singh Banga is an Indian-born British global business leader with experience in Chair, CEO and Board roles. These roles range across the B2C and B2B spaces, from FMCG, Retail, Manufacturing and Business Services sectors, in both Public Markets and Private Equity, Government, and Not-for-Profit sectors.

<span class="mw-page-title-main">Andrew Likierman</span>

Sir John Andrew Likierman, is the former Dean of the London Business School. In August 2017, he was succeeded by François Ortalo-Magné.

<span class="mw-page-title-main">Andrei Shleifer</span> American economist

Andrei Shleifer is a Russian-American economist and Professor of Economics at Harvard University, where he has taught since 1991. Shleifer was awarded the biennial John Bates Clark Medal in 1999 for his seminal works in three fields: corporate finance, the economics of financial markets, and the economics of transition.

<span class="mw-page-title-main">Chairperson</span> Leading or presiding officer of an organized group

The chairman, also chairperson, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group or organisation, presides over meetings of the group, and conducts the group's business in an orderly fashion.

Sir David Alan Walker is a British banker and former chairman of Barclays. He was chairman of Morgan Stanley International from 1995 to 2001, and 2004 to 2005, and remains a senior advisor. Walker was previously Assistant Secretary at the Treasury (1974–77), chairman of the Securities and Investments Board (1988–92), executive director for finance and industry at the Bank of England (1989–95) and deputy chairman of Lloyds TSB (1992–94). In 1994 he also joined the Washington-based financial advisory body, the Group of Thirty.

<span class="mw-page-title-main">Bill Browder</span> American-born British businessman and political activist (born 1964)

William Felix Browder is an American-born British financier and political activist. He is the CEO and co-founder of Hermitage Capital Management, the investment advisor to the Hermitage Fund, which at a time was the largest foreign portfolio investor in Russia. The Hermitage Fund was founded in partnership with Republic National Bank, with $25 million in seed capital. The fund, and associated accounts, eventually grew to $4.5 billion of assets under management. In 1997, the Hermitage Fund was the best-performing fund in the world, up by 238%. Browder's primary investment strategy was shareholder rights activism. Browder took on large Russian companies such as Gazprom, Surgutneftegaz, Unified Energy Systems, and Sidanco. In retaliation, on 13 November 2005, Browder was refused entry to Russia, deported to the UK, and declared a threat to Russian national security.

A Company Secretary is a senior position in a citizen sector establishment. Also known as Compliance Officers, it is one of the positions that is a part of the key managerial personnel of any company. In large American and Canadian publicly listed corporations, a Company Secretary is typically named a Corporate Secretary. A Company Secretary is responsible for the efficient administration of a company, particularly with regard to ensuring compliance with statutory and regulatory requirements and for ensuring that decisions of the board of directors are implemented.

<span class="mw-page-title-main">Nasser Saidi</span> Lebanese politician and economist

Nasser Saidi is a Lebanese politician and economist who served as the minister of economy and industry and the Vice Governor for the Lebanese central banks for several terms in the last decade of the 20th century.

<span class="mw-page-title-main">Suzanne Nora Johnson</span> American corporate lawyer and executive

Suzanne Nora Johnson is an American corporate lawyer and executive. Until 2007, she was vice chairman of Goldman Sachs, chair of the Global Markets Institute, head of the firm's Global Investment Research Division, and a member of the firm's management committee.

Mervyn Eldred King is a South African corporate attorney, arbitrator, mediator, corporate director, commission chair, author and speaker. A former judge of the Supreme Court of South Africa, he is currently chairman of the IIRC, chairman emeritus of the Global Reporting Initiative and director of the Association of Business Administrators of Southern Africa. He is best known for chairing the King Committee on Corporate Governance, which issued three comprehensive reports in 1994, 2002 and 2009 endorsing an integrated and inclusive approach to corporate governance in South Africa.

<span class="mw-page-title-main">Corporate law in Vietnam</span>

Corporate law in Vietnam was originally based on the French commercial law system. However, since Vietnam's independence in 1945, it has largely been influenced by the ruling Communist Party. Currently, the main sources of corporate law are the Law on Enterprises, the Law on Securities and the Law on Investment.

Ralph Victor Whitworth was an American businessman who was a founder of Relational Investors LLC, a private investment management firm based in San Diego, California, which primarily seeks out value stocks at companies deemed to be underperforming due to poor capital allocation discipline and corporate governance. Whitworth co-founded Relational with David Batchelder in 1996; the firm manages approximately $6 billion, and Whitworth was a principal and member of the Investment Committee.

The Federal Commission on Securities Market (FCSM) of Russia oversees the Russian securities market. By regulating the securities market, investors are protected and have freedom to participate in the market. The main concern of the FCSM is “improving corporate governance of Russian companies, promoting their transition to international financial reporting standards, development of the institution of collective investment, particularly mutual funds, tax optimization, investors and market participants”. FCSM also strives to prevent the manipulation of prices and insider information

<span class="mw-page-title-main">University of Birmingham Financial Forum</span>

The University of Birmingham Financial Forum is a student-run conference for hundreds of students that was founded in 2011 and held at the University of Birmingham, United Kingdom.

<span class="mw-page-title-main">Daniel M. Gallagher</span> American lawyer

Daniel M. Gallagher, Jr. is an American lawyer in private practice who served as a Commissioner of the U.S. Securities and Exchange Commission (SEC) from 2011 to 2015. Gallagher was appointed to the SEC by President Barack Obama. He also previously served as the deputy director and co-acting director of the Division of Trading and Markets.

<span class="mw-page-title-main">Preeti Malhotra</span>

Preeti Malhotra has been the Chairman of the Smart Bharat Group, a diversified conglomerate, with interests in reality, hospitality, entertainment, preventive healthcare, finance and also venturing into new age projects. This is a part of Smart Group which has its footprint across India, China, ASEAN, Middle-East, USA, UK and Africa. Preeti also serves as a director on the board of several group of companies.

Harun Rashid Khan, was a Deputy Governor of Reserve Bank of India between 2011 and 2016.

References

  1. "Dmitri Vasiliev - Carnegie Endowment for International Peace". Archived from the original on 19 October 2011. Retrieved 20 October 2011.
  2. 1 2 Wedel, Janine R. (2009). Shadow Elite: How the World’s New Power Brokers Undermine Democracy, Government, and the Free Market . First Trade Paper Edition, Basic Books. pp.  111–115.
  3. 1 2 3 "Contributors: Dimitri Vasiliev". The World Bank Group. Retrieved 22 October 2011.
  4. Browder, Bill (2015). Red Notice. Simon & Schuster. pp. 127–30.
  5. "About CROC". CROC. Retrieved 10 October 2011.
  6. "The Institute Of Corporate Law And Corporate Governance/About the Institute/Legal Form and Structure/Legal Form and Structure". Archived from the original on 25 April 2012. Retrieved 22 October 2011.