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CEE architects of transition: Petr Aven

Petr Aven served as minister of foreign economic relations for the Russian Federation between 1991 and 1992. He was president of Alfa-Bank Russia from 1994 to 2011 and is currently chairman of the board, a position he also holds at ABH Holdings, Alfa Group’s financial holding company.

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Big Russian private-sector banks are like mushrooms. Every decade, a new crop spring up, dominate the landscape for a few years and then either blow up spectacularly or disappear without trace. 

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