On a recent engagement, Mr. Afendikov helped a private equity fund sell their investment into an energy reseller, built a long-term financial model and a 13-week cash flow forecast and plus consolidated management accounts of acquired companies.
Before that, Mr. Afendikov served as the CEO of a vast diversified group of 70 companies with annual turnover exceeding 30 billion RUB (ca. 500 million EUR). Prior to that, Mr. Afendikov served as head of a restructuring project in a large Russian engineering company upon initiation of the insolvency proceedings; total liabilities of the company exceeded 35 billion RUB.
Before that, he was involved in managing and carving-out the non-performing loans (NPL) portfolios of two large private Russian banks into separate structures, creating a special division responsible for the work-outs in both banks. He also served as Senior Case Manager for several large-scale assets, being responsible for the development and implementation of restructuring plans.
Before that, Mr. Afendikov served as the deputy to the interim CEO of Mosmart, a large retail chain in Russia. Previously, he was developing a financial model and a business plan in a restructuring project with TagAZ, a Russian complete knock-down (CKD) automaker.
Prior to joining A&M, Mr. Afendikov worked at Sberbank Capital, a specialized workout unit of Russia’s largest bank, responsible for the restructuring of NPLs. Earlier, he worked as managing director in the investment division of Kopernik Group, where he launched a real estate consulting and development business, developed an operational strategy and established the organizational structure. Mr. Afendikov worked at McKinsey & Company for over four years. Mr. Afendikov earned a master’s degree in finance from Moscow Finance Academy and a master’s degree in business administration from INSEAD. A Russian national, he is fluent in English and German.