Alfa Group Chairman Mikhail Fridman to be listed Among 25 Most Powerful People in Business in Europe
05 Aug 2004

FORTUNE magazine included Mikhail Fridman to its Europe's Power 25, the list of most powerful people in business. "Measuring power is a tricky and subjective business. Money, of course, plays a big part. So does executive level. But those aren't the only metrics. The ability to influence others counts, as does the type of business someone runs," writes Janet Guyon, FORTUNE editor.

The list of Europe's Power 25, led by John Browne, BP, also includes Thierry Desmarest - Total, Michael Diekmann - Allianz, Peter Brabeck-Letmathe - Nestle, Jurgen Schrempp - DaimlerChrysler, Bernard Arnault - LVMH and other business leaders.

Alfa-Bank Russia

Alfa-Bank, founded in 1990, has developed rapidly to become one of Russia's largest privately owned banks. It provides a full range of banking services — corporate banking, retail banking, investment banking, asset management and trade finance. The Bank has 229 branches over nine time zones in Russia, Kazakhstan and the Netherlands and subsidiaries in the United Kingdom and the United States.

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