George Chesakov Email & Phone Number

Taguig, Metro Manila, Ph

Building the best credit-led neo-bank in SEA, starting with the Philippines.

Moscow, Russia, Ru

Moscow, Russia, Ru

(Re)launched several business lines and developed new market opportunities for Tinkoff in Russia and internationally:— Relaunched & put on new rails Tinkoff's business of POS (point of sale) lending/BNPL. As a result, it has grown its market share from 0.1% in early 2016 to 25% in late 2021.— Refocused Tinkoff Insurance on auto insurance products, which resulted in 4x sales growth in less than a year.— Built Tinkoff Mobile from ground zero — the world's most innovative mobile operator.— Explored new opportunities for Tinkoff in Asia.

Moscow, Russia, Ru

Chairman of Tinkoff Bank Board of Directors (Russian entity)

Moscow, Russia, Ru

Built the best and most innovative mobile operator in the country.Our innovations included:— Fully online customer acquisition process.— Second in Russia (ahead of 3 major telcos) to launch e-SIM, and the only to offer fully digital process (no need to visit offices).— Intelligent AI-powered voice mail/secretary (called "Oleg"), which dramatically altered the way people interact with their phone, resulting in spam reduction. Oleg could talk answer your calls providing a voice record and full transcript via mobile app, and could talk to spammers and robo-callers on its own.— Automated call recording with call records together with synchronized transcripts instantly available via mobile app.— One-year call and spend history instantly available via app with easy filtering functionality.— Free unlimited voice tariff plans for Tinkoff Bank patrons.— Zero-rated traffic for Tinkoff-branded apps, including in international roaming.— Savings on roaming charges through automated blocking of phone/cloud drive synching (could be adjusted in the app).— Second line/mobile phone number on the same SIM.— Etc., etc.

Moscow, Ru

Key achievements of the bank under my leadership:— Successfully steering the bank through the double crisis of 2013-15 (credit cycle burst in late 2013 combined with broader economic decline due to oil price collapse in 2014), enabling our return to profitability in Q3'15 (first profitable quarter for the bank since 3Q’13);— Successful and profitable reversal of the bank's market share decline in point-of-sale finance (POS lending) from the three-year low of 14% in Jan 2014 to stable 18-20% in the last 12 months of my tenure;— Reduction of opex run-rate by 25% year on year;— Restoration of profitability of our credit card portfolio and new cash loan vintages as well as increase in non-risk related commission income in the branch network;— Implementation of multiple initiatives to enhance internal capabilities of the bank in such areas as: POS lending partner and branch network management and optimization, credit card cross selling, retail credit risk underwriting, IT development, bad debt collections, complaint management, SME and commercial factoring, etc.;— Improvement in organization's morale and working climate.In addition, on behalf of the POS lending industry, I successfully lobbied the separation of POS loans into a separate regulatory bucket through my participation in the industry-wide working group with the Central Bank, improving the rate-cap treatment of the category.

London, Gb

Co-founded a fin-tech and merchant services start up (originally Revo, now Mokka). Developed from concept to a growing operation, and forged partnerships with leading retail chains such as Kari (shoes), Incity (clothing), Detsky Mir (kids), and others. Arranged for an investment term-sheet from a well-known European fund.

Co-founded a software startup. Successfully implemented online acquisition management solutions at several large banks in Russia.

Moscow, Russia, Ru

Successfully built the first credit card mono-liner in Russia:Key member of the start-up team that launched and developed a successful credit card mono-line bank from ground zero into a 2 million card operation (as of 11/2011). COO and Deputy Chairman of the Management Board until Jan 2010, then Chairman of the Management Board and COO.Business results: — Fast time to market: 7 months from zero to full launch of credit card operations;— Highly profitable business model: as of 11/ 2011 — $650 million in credit card receivables and $10 million in monthly net profit;— Successfully weathered the 2008 crisis. Was responsible for overall business development and managing the retail asset side, including: direct marketing, client acquisition, product design, business technology, customer service and card operations.Other responsibilities included: Central Bank relationships, analytics, IT strategy and innovation, team motivation.

Moscow, Ru

OTP Bank (Russia) was at the time known as Investsberbank. It was acquired by OTP Group in 2006 and is currently known as OTP Bank (Russia).Member of the 3-person founding team who launched the consumer finance business at Investsberbank. Responsible for product and technology development and credit risks (POS loans and credit cards), credit card acquisition, acquiring and managing $100 mln credit card portfolio, new consumer finance product and channel development.Key business achievements: — Ultra-fast time to market and to break-even: consumer finance business was started from zero within 4 months of budget approval and achieved full break-even (including investment) within 14 months of the start of operations.— Within 2.5 years from the start we issued 1.4 million POS loans and 600 000 credit cards with loan portfolio exceeding $200M for POS and $100M for credit cards.Responsibilities included:— Developing concept, financial and implementation plans, product and technology blueprint and business processes for POS loans and credit cards;— Launching credit card cross-sales program;— All aspects of analysis and credit risk management for POS loans and credit cards, from scoring to early collections and fraud prevention.

Pioneered personal sales, in-store and direct marketing as credit card acquisition channels in Russia. Managed/developed co-brands with Aeroflot and several leading retailers. Served on the bank’s Technology Committee. Was responsible for market research and product strategy development in certain segments.

Led internal projects, conducted assessment of new opportunities for business development, performed due diligence on potential acquisition targets in e-commerce.

Us

Advised top management of client companies on strategic, operational and organizational matters.

London, England, Gb

Led development and supervised operation of retailing computer systems for BP’s fast-growing network of gasoline stations in Russia.

Ma In Computer Science, Computer Science

Diploma With Distinction (Ma Equivalent), Mathematics, Mathematical Logic

Diploma With Distinction (Ma Equivalent), Mathematics, Mathematical Logic

Diploma, Business, Economics