Sergei Timokhovitch has over 15 years experience in the global commodities markets. He is responsible for developing the activities of the Investment Business of VTB Group over a wide range of promising sectors: developing commodities trading capability, both internationally and locally, and trading at the Commodity Exchanges and OTC operations across a broad range of commodities, such as energy, metals, agriculture as well as the trading of carbon emissions under Kyoto Protocol provisions. Sergei will be also responsible for financing, structuring and risk management services for VTB Group’s corporate clients who are active in the commodities markets. Sergei will oversee the origination and sale of structured products tailor-made for international and domestic investors enabling them to profit in the fast-growing commodities markets.
Sergei has a unique professional experience of working in the major international companies enriched by the profound knowledge of the specifics of both global and local commodities markets and a track record of a number of the successful projects.
Yuri Soloviev, Head of the Investment Business, VTB Group, said: “We are happy to welcome such a renowned professional as Sergei Timokhovitch to our team. Having in-depth experience in global commodities markets, he is an acknowledged expert in the Russian and CIS markets. His skills will allow us to develop the great potential of the local market and to further strengthen our position in this sector. By using the vast opportunities of the Group’s platform, and strong position in Russia and CIS as well as in Europe, Asia and Africa, we will be able to reach these goals.”
Sergei Timokhovitch joined VTB from Deutsche Bank (Moscow) where he had been Head of Commodities, Russia and CIS, since August 2007. Previously, for over 10 years, he worked for the international company, Koch Supply & Trading, a trading arm of Koch Resources LLC, one of the biggest private companies globally, with leading positions in the commodities market. From 1997-2002, Sergei worked as Director for Russia and CIS in Koch’s London office and later was appointed the Company’s Country Head for Russia and CIS, based in Moscow (2002-07).
Prior to that he worked in Koch’s headquarters in the USA (1996-97); as an analyst in Cargill, Inc. (1996г.) and financial consultant in Chiquita Brands, Inc. (1995г.). From 1992-94, he was Trade Representative with the Sino-Russian Trading Company in Beijing, China.
Sergei Timokhovitch graduated from the State Academy of Management in Moscow with a degree in Economics (1993). He received his MBA from the American Graduate School of International Management, Phoenix, Arizona USA (1996), with a concentration on International Management and Finance. Sergei also graduated from The Beijing Language Institute with proficiency in Mandarin Chinese (Beijing, China 1991). He also studied at the People’s University of China, with a focus on the South-Asian Economy (Beijing, China 1991-94).
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