Pavel Nazarian

Director of ABH Holdings Corp.

Mr. Pavel Nazarian has been a member of the Supervisory Board since 2005.

Born in 1972.

Graduated in 1995 from the Bauman State Technical University in Moscow, holder of Masters in Engineering, specializing in “optical instruments and systems”, and, concurrently, from Moscow International Marketing and Management Academy holder of Masters of Economics, with honors.

Between 2003 and 2006 has successfully completed the “Senior Executive” and “Mergers & Acquisition“ programs at London Business School and “Corporate Restructuring”, “Mergers & Acquisitions”, “Financial Instruments & Markets” and “Valuation” programs at Harvard Business School.

Has been a key officer in the extensive restructuring of Alfa Group’s global interests and structures since the mid -1990’s and has deep experience in corporate governance and unique knowledge of Alfa’s businesses and people.

Currently the director of headquarters of Alfa Finance Holdings S.A. (Luxembourg) and Secretary of its Board of Directors.

Managing director of the entire international chain of its subsidiaries outside CIS, supervising international compliance, administration, shareholders structure and relationship with local authorities.

Member of the Boards of Directors of Alfa Bank (Kazakhstan), OJSC TNK-BP (Russia) and Alfa Asset Management Group (Russia).

Chairman of the Board of Directors of Alfa Capital Holdings (Cyprus) Limited.

Member of Supervisory Boards of Alfa Bank (Ukraine), Alfa Bank (Belarus) and Amsterdam Trade Bank (Netherlands).

Member of Advisory Board of Great Circle Fund (USA).

From 1999 to 2002, served as the Chief Financial Officer of international chain of Alfa Bank Group.

From 1995 to 1999 was on the position of Group Consolidation Manager of Alfa Group Consortium.

Speaks Russian, English, German and French languages.