Andrey Kotov
About Andrey Kotov
Andrey Kotov is the Managing Director of Treasury at VTB Group, where he has worked since 2021. He has extensive experience in finance, having previously held senior positions at Sberbank and REGION Group, and holds advanced degrees in Applied Physics, Mathematics, and Business Administration.
Current Role at VTB
Andrey Kotov serves as the Managing Director of Treasury at VTB Group, a position he has held since 2021. In this role, he is responsible for overseeing the treasury operations, managing liquidity, and implementing strategies to optimize the bank's financial performance. His tenure at VTB has seen him develop a strategy for transforming the interest rate risk banking book management function, focusing on enhancing efficiency and regulatory compliance.
Previous Experience at Sberbank
Before joining VTB, Andrey Kotov worked at Sberbank for eight years, where he held various senior roles. He served as Director of FP&A in the CIB Finance department from 2009 to 2017, and later as Lead Product Owner for Cost Management from 2018 to 2021. During his time at Sberbank, he contributed to financial planning and analysis, as well as cost management initiatives, which supported the bank's strategic objectives.
Professional Background in Market Risk
Andrey began his career at REGION Group, where he worked as a Senior Analyst in the Market Risk department from 2007 to 2009. This role provided him with foundational experience in risk assessment and management, which he later applied in his positions at Sberbank and VTB. His early work focused on analyzing market risks and developing strategies to mitigate potential financial impacts.
Education and Expertise
Andrey Kotov holds a Master of Science (MSc) in Applied Physics and Mathematics from the Moscow Institute of Physics and Technology (MIPT), where he studied from 2007 to 2009. He also earned a Bachelor of Science (BS) from MIPT from 2003 to 2007. Additionally, he completed a Master of Business Administration (MBA) at INSEAD in 2018. His educational background equips him with strong analytical and quantitative skills, essential for his roles in finance and treasury management.
Key Projects and Initiatives
Throughout his career, Andrey Kotov has led several significant projects. He worked with the Russian Central Bank to integrate the Basel III interest rate risk banking book framework into the regulatory environment. He also collaborated with IT teams to develop risk management modules for an in-house asset and liability management platform. Notably, he implemented a fair value hedge accounting project, managing a portfolio of interest rate derivatives valued at USD 6 billion.