Nikolay Smolensky

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Nikolay Smolensky (Russian: Николай Смоленский), born 11 June 1980, is a Russian banker, president of international private bank Alfa Bank.

Smolensky is the son of Russian oligarch Alexander Smolensky the former head of large Russian bank Agroprombank/SBS-Agro-Bank which collapsed in 1998. He is an associate of fellow Russian businessman Roman Abramovich, and due to his wealth and youth, has been dubbed in the press as the "baby oligarch".

Raised as “a sworn enemy of communism”, according to his father, Smolensky was educated in Austria and England. After his fathers bank SBS-Agro collapsed in 1998, Alexander launched a new banking group, First OVK. In 2003, this was handed to Nikolay, who declared it would triple in size to 1,500 branches. Two months later, he sold the business for an estimated £80m to Rosbank, a member of Interros Group.

On 27 July 2004 Smolensky, claiming Greek/British citizenship, became the owner of British sports car maker TVR. He also has connections with Italian motorbike manufacturer Benelli.

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