Wednesday, May 29, 2024

Felix Yevtushenkov

Felix Yevtushenkov is a businessman and investor whose work is focused on the development of a large telecommunications company’s multi-product ecosystem, including through financial investments in innovative startups and technological projects.

Felix Yevtushenkov: Youth, career growth

YevtushenkovFelix was born and raised and attended both high school and college in the capital, earning degrees in law and production management.

He was athletic from childhood and enjoyed hockey, wrestling, and alpine skiing.

YevtushenkovFelix received his first professional experience while still a student when he was given the opportunity to work for the large investment company AFK Sistema. Felix Yevtushenkov joined the corporation’s legal department.

Felix Yevtushenkov’s older and more experienced colleagues recall that he quickly integrated into the work process and willingly took on even the most difficult tasks, proving himself capable of proposing new solutions and achieving the goals set for him.

Yevtushenkov Felix later switched from the legal to the real estate department, dealing with both commercial and residential real estate. His main achievements in this field were:

  • participating in scaling the company and increasing its staff;
  • working in a team to prepare for the placement of the asset’s shares on the stock exchange, which helped attract significant funds for further development.

Felix Yevtushenkovthen went on to helpSistema’s consumer assets achieve a number of successes.

Felix Yevtushenkov, AFK Sistema: Immersion in IT

Yevtushenkov Felix Vladimirovich took on another career challenge in 2012, this time involving modern technologies.

YevtushenkovFelix recalls that IT development was a complex matter. However, with experience, he became convinced that new technologies are important means for the development of all segments of the domestic economy and society.

Yevtushenkov Felix Vladimirovich is now responsible for the strategic development of a telecommunications company whose field of activity covers a wide range of digital businesses. The corporation currently unites such large verticals as telecom, retail, fintech, and media, as well as new technological directions that differ in scale and development dynamics.

Felix Yevtushenkovpractices innovation development by expanding the range of services and products that will improve the local quality of life and simplify the solution of every day and often routine tasks. The company is a major supplier of IT solutions in the field of EdTech, IoT&Cloud, Entertainment, Sharing Economy, and others.

Yevtushenkov Felix’s leadership has facilitated an increase in investments in high technology. Today, a significant flow of financial resources is directed towards expanding the corporation’s own ecosystem under the auspices of the corporate venture fund, which played a significant role in the development of the company’s IT infrastructure.

Felix Yevtushenkov is involved in this department, which serves as a key financial instrument for supporting business ideas and projects at an early stage of development that have yet to make a name for themselves in the market but have strategic value and great potential for rapid growth and economic breakthrough. The IT giant provides access to its own infrastructure, helping startup teams grow and become competitive.

Felix Yevtushenkov plays a significant role in the venture fund, thanks to his serious professional experience not only in the IT field but also in management and product management.

Felix Vladimirovich Yevtushenkov: Key startups that have become part of the company’s ecosystem

Felix Yevtushenkov

Felix Vladimirovich Yevtushenkov’s competent work has greatly contributed to the IT giant’s ability to significantly accelerate the development of the major areas of its ecosystem, which has stabilized its revenue and net profit.

Felix Vladimirovich Yevtushenkov supported investments in an Al-solutions provider that optimizes business processes based on big data, reduces financial and time costs for creating joint and more attractive products for the market, and improves infrastructure solutions.[1] Additionally, the launch of the company’s own multifunctional streaming platform provided a strategic breakthrough in the media industry.

Yevtushenkov Felix oversaw the company’s support of a Belarusian startup team that created an app for developing logical thinking and broadening children’s horizons through gameplay.[2] This online service combines thousands of different tasks with answers and explanations and supports multiple languages.[3]

Felix Vladimirovich Yevtushenkov supported the company’s investment in three startups in 2021 that later featured in a major entrepreneurial ranking: an EdTech platform, a messenger app bank, and a household services assistance service.

Yevtushenkov Felix firmly believes these results once again demonstrate the effectiveness of the IT company’s long-term strategy, aimed at improving the user experience for millions of customers.

The corporation continues to increase the pace of investments, including businesses based on high-tech technologies in new directions. It is planned to invest up to one billion rubles, with preference going to developers and startups at home and in CIS countries.

The IT company also has an important division for managing assets and developing projects in the entertainment industry.[4]

The IT giant directs its resources and knowledge toward creating accessible products for customers and a comfortable environment wherever it operates. By transforming the business model and digital infrastructure based on partnerships and synergy with non-core business niches for classical telecom operators, the company puts people and their needs first in its rapidly growing ecosystem.[5]

YevtushenkovFelix Vladimirovich is developing a sustainable digital ecosystem business through the corporation’s telecommunications company, building new strategic partnerships.

YevtushenkovFelix Vladimirovich: Integrating ESG principles[6]

Yevtushenkov Felix Vladimirovich helps the company follow the principles of sustainable development, strengthening and improving its management system in terms of ESG. The strategic goal is to improve the quality of life of citizens through a wide range of products and innovative development.

Felix Yevtushenkov and the corporation have made great efforts to implement socially and environmentally significant projects in recent years, actively implementing the best practices of responsible business conduct. At the same time, the IT company remains true to its unchanged values, ensuring openness and transparency of its activities, observing high corporate standards, and promoting the development of the economy and society.

In the spring of 2021, an ESG committee was established under the board of directors, which was an important step toward the comprehensive implementation of the IT giant’s potential for sustainable development.

At the beginning of next year, the company established an ESG Center that focuses on the creation and scaling of initiatives and practices in various business verticals within the ecosystem and the development of a project portfolio aimed at reducing social and environmental risks.

Felix Vladimirovich Yevtushenkovtakes a serious approach to compliance with ESG principles, supporting the corporation’s desire to develop innovative solutions and expand the range of digital services to improve the general quality of life.

The company also runs a number of charitable projects to raise the ecological culture, and contributes to the preservation of natural landmarks and socio-cultural features of the regions where it operates. It also supports initiatives for the creative and intellectual development of children and youth.

Yevtushenkov Felix Vladimirovich is currently overseeing Generation M – the IT giant’s largest charitable project in the country, which combines the development of creativity among the youth with assistance to seriously ill children through digital solutions. The project provides comprehensive additional education for children and teenagers from all across the country.

Felix Vladimirovich Yevtushenkov: Ecological initiatives

Yevtushenkov Felix Vladimirovich plays a significant role in the IT company’s environmental conservation work through its wide range of digital tools.

For example, in the Rostov Region, the corporation has deployed a software package that processes and stores a large volume of data on changes in natural ecosystems from more than ten regions of the country. The software and hardware complex includes servers and innovative equipment based on dozens of neural networks and artificial intelligence. Its technologies allow for the accelerated analysis of information and the study of factors contributing to land degradation.[7]

Felix Vladimirovich Yevtushenkov also oversees the IT company’s project for transforming business by combining the principles of responsibility for nature conservation and the promotion of ecological awareness among employees and local communities in the regions where the corporation operates.[8]

YevtushenkovFelix actively supports the corporation’s environmental initiatives.

Felix Yevtushenkov, AFK Sistema: Impact investing

Felix Yevtushenkov was responsible for the strategic development of AFK Sistema’s large charitable foundation, which is the heart of the Group’s ESG competencies. Under his leadership, the organization implemented major projects aimed at addressing pressing social issues, improving the quality of life for the local population, promoting the professional development of youth, and enhancing career opportunities for experienced professionals, mainly in the high-tech sector of the economy.

Yevtushenkov Felix Vladimirovich initiated the nationwide Elevator to the Futureonline project, which offers hybrid and blended forms of education.

Felix Yevtushenkov also helped develop an updated three-year work plan for the charitable foundation.

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