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Thursday, March 22, 2018

EDB selects Sergei Elagin as deputy head of management board

Sergei Elagin was recently appointed as the deputy chairman of the management board of the Eurasian Development Bank (EDB).

Elagin, a member of the management board of EDB and the bank's director of treasury, was elected by decision of the bank's council. He started working at the bank in 2006, creating and heading the treasury.

Elagin earned a degree in aeronautics from Moscow State Aviation Institute and received his financial education at Moscow International Higher Business School, earning an MBA. He has working in financial markets since 1994 and served as the deputy director general and director general of the AlmazZoloto investment company from 1994 to 1997.

From 1997 to 2004, Elagin served as the head of securities and financial market operations departments, CFO and head of a branch in a number of Russian Banks before becoming the head of the liquidity regulation and market risk analysis department at the treasury of Nomos Bank from 2004 to 2006.

Elagin was appointed to the EBD management board by the bank's council in January 2010.