OREANDA-NEWS. On March 19, 2007 Edward Kaufman has been appointed as the Head of Alfa-Bank’s Investment Banking, reported the press-centre of  Alfa-Bank’s Investment Banking. He will be responsible for the development of strategy for the investment bank, the introduction of new investment banking products, and meeting needs and challenges in the present-day market. Kaufman will focus on expanding the investment operations and extending the customer base, particularly with Alfa-Bank’s corporate clients.

“Mr. Kaufman is well-known as a top-level professional with important experience and work in major foreign and Russian companies. I am convinced that his expertise and extensive knowledge will contribute to the development of the Bank’s investment operations”, - noted Mikhail Fridman, Chairman of the Board of Directors at Alfa-Bank. “Bringing aboard such an experienced leader as Edward Kaufman underscores the fact that we are committed to actively developing our investment banking operations. We believe that Mr. Kaufman will help our Bank to attain a preeminent position in investment banking in Russia and abroad”, - noted Petr Smida, CEO at Alfa-Bank.

Edward Kaufman was born on 12 June 1965 in Philadelphia. In 1987 he graduated from the Duke University with a BA in political science and in Russian language. He also holds an MA from the Josef Lauder Institute of Management, the Pennsylvania University (1992) and holds an MBA in finance and strategic planning from the Wharton School, the Pennsylvania University (1992). From 2003 to 2007 Edward Kaufman worked in UBS as a Managing Director and Head of Investment Bank. Prior to that, during 6 years (1997-2003) he worked in Salomon Smith Barney (Citigroup) holding different executive positions in London and Moscow based offices, including the post of General Director of the Company’s Russian representative office in 1997-1998. From 2000 to 2002, as a Managing Director of European Telecommunications team responsible for SSB Telecom Investment Banking Business in Northern Europe (Scandinavia and Germany) and Emerging Markets (EMEA), Edward was responsible for the investment operations of SSB/Citigroup in Russia.
Prior to joining investment banking, during the period from 1992 to 1996, Edward Kaufman worked as a strategy consultant in the Boston Consulting Group (BCG) with a specialization on financial institutions, energy companies and privatization. He was one of the founders of the BCG’s Moscow office.