Business Activities
Along with German Khan, Alexei Kuzmichov and several other partners, Fridman founded the Alfa Group Consortium, an investment group which today controls Alfa Bank (opened in 1991), Alfa Capital Management, Rosvodokanal Group, AlfaStrakhovanie Group and A1 Group. Alfa Group's portfolio includes stakes in oil and gas company TNK-BP, Russia's largest retailer in terms of sales X5 Retail Group, and several telecom companies: Vimpelcom Ltd., MegaFon and Turkcell.
Fridman serves as Chairman of Supervisory Board of Alfa Group Consortium, Chairman of the Board of Directors of TNK-BP and as a member of the Board of Directors of ABH Holdings S.A. (holding company of Alfa-Banking Group), Supervisory Board of Directors of VimpelCom Ltd. and X5 Retail Group N.V.
Read more about this topic: Mikhail Fridman
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