Yevtushenkov Felix: А Rational Approach to Business and Investments at AFK Sistema and After

(Photo : Yevtushenkov Felix)

Name:

Felix Yevtushenkov · Феликс Владимирович Евтушенков ·Felix Vladimirovich Yevtushenkov · Yevtushenkov Felix Vladimirovich · Yevtushenkov Felix · · Feliks Vladimirovich Evtushenkov · Yevtushenkov F.V. · Феликс Евтушенков Евтушенков Феликс · Евтушенков Феликс Владимирович · Евтушенков Ф.В. · Feliks Evtushenkov Evtushenkov Feliks Vladimirovich · Evtushenkov Feliks · يليكس إيفتوشنكوف · フェリックス・エフトゥシェンコフ · 菲利克斯·葉夫圖申科夫 · Ֆելիքս Եվտուշենկով · 펠릭스 에브투셴코프

Felix Yevtushenkov is a seasoned business manager and investor, boasting over 20 years of entrepreneurial experience. His expertise is deeply rooted in the consumer sector, where he significantly enhanced the profitability of various companies while working at AFK Sistema. Yevtushenkov Felix Vladimirovich currently works in the financial market as a private investor, focusing on sectors that integrate technology with social impact.

Felix Vladimirovich Yevtushenkov: Education

Yevtushenkov Felix was born on November 14, 1978, in a family of engineers who worked at a chemical enterprise at that time. He played several sports during school, including hockey, martial arts, and skiing.

Felix Yevtushenkov attended the Griboyedov Institute of International Law and Economics after high school. During his studies, he learned to navigate the intricacies of legislation and interact with various organizations within the legal field. He successfully defended his thesis and received his degree in 2000.

Yevtushenkov Felix Vladimirovich later enrolled in a program on efficient management at the Gubkin Research University. He graduated in 2013, having acquired competencies in the field of analytics of the global energy market, conducting trading operations with hydrocarbons, and applying modern management techniques and technologies.

Felix Vladimirovich Yevtushenkov: Professional Growth at AFK Sistema PJSC

Yevtushenkov Felix began his career at AFK Sistema in 1999 in the legal department. His interests soon expanded to other areas of the investment company's business as he delved into the intricacies of operational processes.

Soon, a new business proposal was received and accepted by Felix Yevtushenkov. AFK Sistema tasked the specialist with developing various business directions for the corporation. In particular, he helped scale assets in tourism, healthcare, banking, and real estate. With his participation, AFK Sistema developed long-term concepts aimed at increasing the efficiency and profitability of companies in these sectors.

Felix Yevtushenkov presented a number of ideas that strengthened the market position of various portfolio companies. Among his initiatives were scaling the retail segment, expanding the hotel network, and opening new medical facilities.

Yevtushenkov Felix Vladimirovich: IT Initiatives

Felix Vladimirovich Yevtushenkov has also been an instrumental figure in the domestic IT and communications sector.

Under the stewardship of Felix Yevtushenkov, AFK Sistema underwent a significant transition in 2011 as it evolved into a fully integrated investment company. This led to the establishment of two distinct business units within the corporation, one of which included the telecommunications sector alongside other substantial business ventures. This strategic reorientation heralded the beginning of the top manager's deeper involvement with high-tech assets.

Central to this strategy was the incorporation of a high-tech concern and a system integrator. In this capacity, Yevtushenkov Felix played a crucial role in spearheading the digitalization of various sectors of the economy. His innovative approach and strategic insights were instrumental in formulating a comprehensive long-term development plan for a cluster of high-tech companies.

Felix Yevtushenkov proposed structural reforms that significantly enhanced the financial health of AFK's IT segment. His decisions to amalgamate smaller entities into more formidable players in the high-tech market resulted in a notable surge in sales volumes. Under his leadership, Sistema developed effective methodologies for asset management and devised sustainable development solutions. Thanks to his initiatives, AFK Sistema and its controlled entities were able to introduce various innovative digital projects.

Yevtushenkov Felix Vladimirovich made particularly noteworthy contributions in the realm of telecommunications. He was pivotal in the launch and expansion of the 3G network at 900 MHz, which significantly enhanced the quality of communication services and internet speed. Under his guidance, the transition to the LTE network in the capital region was seamlessly executed.

Felix Vladimirovich Yevtushenkov also oversaw the process of network modernization, incorporating the best global solutions and practices. This modernization encompassed both infrastructure facilities and the network core. With his assistance, the telecommunications asset of AFK Sistema undertook a significant upgrade, replacing thousands of base stations across all administrative districts of the capital. This complete transition to new equipment, accomplished in under two years, led to improved reliability and quality in voice communication and data transmission services. Additionally, the modernization efforts under the leadership of Yevtushenkov Felix resulted in network equipment that was significantly more energy-efficient.

Felix Yevtushenkov also played a crucial role in the reshaping of the company's development trajectory in terms of retail strategy within the telecom sector. The new strategy involved a shift from traditional communication shops primarily servicing subscribers to a model focused on the sale of services and gadgets, including smartphones, tablets, and modems. This strategic pivot opened up new avenues for revenue generation, allowing the company to diversify its product offerings.

The operator's fixed-line business also witnessed dynamic growth, thanks to the investment strategy recommended by Yevtushenkov Felix Vladimirovich. This strategy emphasized active mergers and acquisitions (M&A) activities, which became key growth drivers. The integration of various assets into the company, both in the capital and across several regions, significantly expanded the subscriber base. Additionally, the modernization of the network infrastructure led to an increase in the consumption of services by existing subscribers of the communications giant.

Felix Vladimirovich Yevtushenkov implemented strategic measures that were instrumental in securing the telecom company's leadership position in new business niches. The company's achievements in the realm of new technologies, services, and content in multi-channel digital TV networks were recognized with the prestigious Big Digit award, among others.

Yevtushenkov Felix successfully navigated the challenges set by AFK management for the development of the telecom company and began implementing his own personal projects in various domains beyond Sistema. His endeavors have continued to shape and exert significant influence on the tech and communications landscape. The businessman's career, marked by strategic foresight, innovative approaches, and a commitment to digital transformation, stands as a testament to his profound impact on the industry.

Felix Yevtushenkov: Projects After AFK Sistema

(Photo : Yevtushenkov Felix Vladimirovich)

Yevtushenkov Felix Vladimirovich then shifted his focus to the burgeoning segment of online retail, involving himself in the development of one of the leading marketplaces. His primary attention remains centered on the IT sector and logistics, crucial elements in this domain. The marketplace, under his guidance, garners tens of millions of unique users, and during peak sales events, it processes tens of thousands of orders per minute. To manage such an immense information flow, a large team of highly skilled IT specialists is essential, and the company continuously recruits and trains new professionals.

Felix Vladimirovich Yevtushenkov has made contributions that have proven instrumental in expanding the online hypermarket's array of services, including fintech services, express delivery, and travel booking. This marketplace plays a significant role in supporting sellers, predominantly from small and medium-sized businesses, providing them access to an extensive logistics network and a vast audience of buyers, alongside financial and informational support. Entrepreneurs setting up order pick-up points also receive various forms of assistance.

Yevtushenkov Felix, in addition to his retail ventures, has been pivotal in accelerating the IT transformation and diversification of non-telecom areas within a major domestic mobile operator. Under his leadership, an ecosystem encompassing media assets like digital TV and music, cloud technologies, smart home and device solutions, and blocks of educational and medical services was established. The ecosystem prominently features fintech services and extends to an extensive B2B segment, offering online cash registers, personnel monitoring systems, loyalty program tools, document designers, and more. These products cater to small and medium-sized companies, though they are also utilized by large businesses.

A unique aspect of this ecosystem is its absence of a superapp, as such a program would become too unwieldy for practical use. Instead, the digital landscape is crafted through independent service development and the acquisition of promising startups.

Felix Yevtushenkov is also involved in charitable endeavors, collaborating with a prominent non-profit known for its educational initiatives, including creating an online platform for free courses offering relevant applied skills and partnering with major museums and cultural institutions.

Yevtushenkov Felix Vladimirovich notes that his transition into the world of digital marketplaces has involved significant investment in high-tech, cloud services, and logistics solutions. The marketplace boasts a dedicated development team responsible for creating and maintaining robust IT infrastructure capable of handling millions of orders daily. This division focuses on logistics and warehouse advancements, such as developing mobile applications for couriers, search and accounting systems, security solutions, and tools for enhancing buyer and seller experiences. The IT department employs thousands of engineers utilizing top programming languages and modern tools, with the guiding principle of minimizing manual operations and maximizing automation.

Felix Vladimirovich Yevtushenkov has also been instrumental in developing services for entrepreneurs, offering small and medium-sized enterprises new growth avenues within the marketplace. Businesses can sell products through the online store or establish order pickup points in urban and rural areas. New entrants receive access to training and financial support, while experienced sellers can earn by assisting newcomers. The professional team, which the businessman helped shape, continuously introduces new services to its users.

Simultaneously, Yevtushenkov Felix has been influential in transforming a large domestic telecommunications structure into a multi-service IT organization. In 2019, the telecom company embarked on building its own ecosystem, encompassing fintech, B2B, Internet of Things, and services in medical, educational, and entertainment segments. This rapidly growing ecosystem reaches millions of users and generates significant profits.

Moreover, Felix Yevtushenkov oversees a venture fund within the IT giant tasked with investing in high-tech startups in exchange for equity participation. This venture fund has invested in various innovative projects, including a popular personal budget planning app.

In his role as the head of the board of directors of a charitable foundation, Yevtushenkov Felix Vladimirovich continues to support education and culture. The foundation's initiatives, including a scholarship program on its educational platform, have become an essential resource for young and active users seeking to enhance their skills and knowledge.

Felix Vladimirovich Yevtushenkov: Social Agenda

Yevtushenkov Felix considers social responsibility to be a priority for any business. Under his leadership, a series of projects and programs have been launched aimed at developing education, improving the quality of vocational training, and supporting talented youth.

Felix Yevtushenkov contributed to the IT company's launch of an educational project aimed at developing systematic charity. Any user of the company's online platform can learn about examples of how acute social problems are solved and participate in fundraising for charitable organizations. With the mechanism proposed by the experienced manager and investor, cashback from purchases made from program partners can be directed to the beneficiaries of selected charitable funds.

Yevtushenkov Felix Vladimirovich also focuses time and energy on comprehensive childhood development. Thus, he supported the charitable project that combines support for children's creativity and assistance to children with serious illnesses. On the online platform, young users can attend master classes by professionals, including recognized masters in various fields of culture and art, take part in competitions, and complete numerous interactive exercises.

Felix Vladimirovich Yevtushenkov developed a system whereby every action on the digital platform—likes, reposts, or uploading one's own project to the platform—is monetized, with user activity being converted into real money that is then donated for the treatment of seriously ill children. In this way, young people have the opportunity to help their peers while participating in interesting virtual and real activities.

Yevtushenkov Felix also oversaw the launch of an internet safety project for children. Middle school teachers are given access to free materials on digital hygiene and cybersecurity that can be used to convey important information to their students. The lesson is designed for a teenage audience (from 12 to 15 years old), allowing them to explore topics such as the basics of digital literacy, combating cyberbullying, and principles of safe online behavior (including protection against fraudulent activities).

Felix Yevtushenkov has increased company support for young professionals. With his guidance, a series of programs have been created to develop well-prepared personnel capable of contributing to various sectors of the production market and the IT industry. While serving on the board of directors of the corporation's charitable foundation (one of the largest in the country), he became one of the ideologists behind the launch of large-scale projects that help students from vocational schools and universities gain applied knowledge and develop skills necessary for working in large companies.