TSERAZOV
Konstantin
Vladimirovich

• 1. EDUCATION
• 2. BOARD MEMBERSHIPS
• 3. PROFESSIONAL EXPERIENCE
• 3.1. 2022 - present
• 3.2. 2013 - 2022
• 3.3. 2004 - 2012
• 3.4. 2002 - 2004
• 4. THE CASE OF OTKRITIE BROKER
• 5. POST-OTKRITIE CAREER (2022 - PRESENT)
• 6. PROFESSIONAL CERTIFICATIONS

EDUCATION

- Financial Academy of the Government of the Russian Federation: Graduated with honors, specialization in "World Economy"

- University of Paris 5 Rene Descartes: Master's degree in "Banks and Finance"

BOARD MEMBERSHIPS

• 2017 - 2022: Otkritie Broker, Chairman of the Board of Directors
• 2017 - 2021: St. Petersburg Stock Exchange, Board Member
• 2015 - 2022: NAUFOR, Board Member
• 2015 - 2017: NFA, Board Member
• 2015 - 2017: Sova Capital, Board Member

PROFESSIONAL EXPERIENCE

2022 - present

Konstantin currently acts as a Corporate Strategy Advisor for organizations aiming to explore new markets.

Due to his profound professional track record, excellent personal traits, and boundless energy, Konstantin's expertise is in high demand. He pays meticulous attention to the interests of his partners, and details of some of his professional activities are currently under corporate Non-Disclosure Agreements.

2013 - 2022

PJSC Bank "Otkritie"

Senior Vice President, Head of Investment Business

2004 - 2012

ZAO IK "Troika Dialog"

Partner, Managing Director, Deputy Head of the Global Markets Department

2002 - 2004

BNP Paribas

Convertible bonds trader

THE CASE OF OTKRITIE BROKER

From 2017 to 2022, Mr. Tserazov held the position of Chairman of the Board of Directors at Otkritie Broker.

His tenure was marked by high volatility in global markets, exacerbated by the COVID-19 pandemic. Geopolitical tensions further contributed to an atmosphere of significant uncertainty in global finance. Despite these challenges, Mr. Tserazov successfully steered one of Eurasia's largest brokerage houses. He placed particular emphasis on exploring new correlations among various factors to establish a robust foundation for foresight in the financial markets.

In the last full year of his tenure at Otkritie Broker, 2021, the effectiveness of the investment strategies offered to clients reached 88.2% (84.7% for stock investments), enabling clients to achieve positive returns on their investments in financial instruments.

Mr. Tserazov integrated modern financial modeling at Otkritie Broker with a commitment to implement cutting-edge financial technologies into daily operations. This approach resulted in 76% of all brokerage accounts being opened remotely, online, transforming Otkritie Broker into a digital services hub for financial markets’ participants. This digitization represents strategic value, as fintech innovations are pivotal in reshaping the traditional financial services sector.

His analytical approach was well-received by both retail and institutional investors, leading to the onboarding of wealthy and ultra-wealthy individuals, top executives, and key industry leaders to Otkritie. This trend saw many industry leaders choosing Otkritie for their public offerings. By 2019, Otkritie Broker had secured a strong position among the top 10 Russian corporate bond underwriters.

Under Mr. Tserazov's leadership, Otkritie Broker significantly influenced the entire Otkritie ecosystem, including Otkritie Bank. In 2021, the operational income of Otkritie Bank increased by 28%, reaching 168 billion rubles, with net profit growing by 3% to 85 billion rubles, despite a high base effect from a 73% surge in net financial results in 2020.

In 2021, the year before his departure in 2022, the client asset portfolio at Otkritie Broker under Mr. Tserazov's guidance grew by 32%, reflecting high client trust. The client base expanded by 34%.

A more progressive growth was observed in 2020, with the client base of Otkritie Broker increasing by 76%, the absolute record in the history of the company. The number of active clients rose consecutively in 2020 and 2021 at an annual rate of 35%. On average, one in five clients transferred to Otkritie Broker from other brokers.

The introduction of Otkritie Investments, a unified brand combining products from Otkritie Broker, Otkritie Bank, and Otkritie Asset Management into one accessible online platform, was a hallmark achievement of Mr. Tserazov's leadership, reinforcing Otkritie Broker's role as a fintech hub within the Otkritie ecosystem. The brand adopted the motto, "Any goal is within reach."

This underscored Mr. Tserazov's management philosophy of driving sustainable business growth with remarkable annual outcomes. These achievements were recognized by VTB Bank, one of Russia's top three banks, leading to VTB's acquisition of Otkritie Bank, including Otkritie Broker, in December 2022.

POST-OTKRITIE CAREER (2022 - PRESENT)

Konstantin’s expertise in business management is as much about navigating the uncharted waters of emerging digital landscapes as it is about bridging the gap between traditional models and disruptive innovations. His ability to guide enterprises through the complexities of technological evolution, particularly in the realm of blockchain, has positioned him as a trusted advisor to organizations across the globe.

A sought-after member of advisory boards for financial organizations and fintech companies in the CIS and Middle East regions, Konstantin's focus on management systems, sales channels, digital strategies, and innovative product launches underscores his commitment to helping businesses capitalize on the transformative potential of technology. His deep understanding of the interplay between tradition and innovation allows him to act as a Global Strategist identifying and unlocking opportunities that others may overlook.

PROFESSIONAL CERTIFICATIONS

- Certificates 1.0, 2.0, 4.0, and 5.0 professional participant of the securities market (Russia)

- FCA certification, levels CF1 and CF30 (United Kingdom)