Financial Times listed Mikhail Fridman, Chairman of the Board of Alfa Bank, among 25 executives who - according to Leaders of the New Europe article -
21 Apr 2004
Moscow, Russia Mikhail Fridman, Chairman of the Board of Directors of Alfa Bank was the only Russian businessman listed by Financial Times in Leaders of the new Europe article that marked its 25th anniversary of European expansion. According to FT this group of businessmen, who are in their mid 30s or 40s, "will help to decide how far European business methods continue to be Americanised. Their actions will determine issues ranging from the health of the owner-manager model to whether Europe has a future in manufacturing. They will shape its openness to capital markets and the transparency of its corporate governance".
"Mr. Fridman used his brain and his ability to adapt to changing circumstances to rise to the top of Russia's business elite. Last year he pulled off one of the most spectacular transactions in Russia's corporate history. Alfa Group and its partners sold half of their TNK oil company to BP for $6.75bn (¸3.75bn), the biggest investment in Russia ever by a foreign company" - wrote FT.
Among other Leaders of the new Europe listed in Financial Times report: Tony Hayward head of exploration and production of BP, Dennis Hennequin, executive vice-president of McDonald's Europe, Fred Goodwin, chief executive of Royal Bank of Scotland, Jean-Philippe Courtois, chief executive of Microsoft Europe, Middle East and Africa, Wolfgang Bernhard member of the board of Daimler Chrysler.
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