Most recently at A&M, Mr. Avajansky served as President of a Russian engineering holding company undergoing the monitoring stage of a bankruptcy proceeding. He was responsible for operational management, coordination of litigations and receivables collection, cash flow management and assurance of strict compliance with bankruptcy legislation.
Earlier at A&M, Mr. Avajansky served as interim Chief Financial Officer of a holding company operating a seaport and oil tank farm in northern Russia, where he was responsible for accounting, reporting, financial planning, asset preservation and governmental relations.
Prior to joining A&M, Mr. Avajansky worked with multinational companies across a range of industries, including consumer electronics, information technology and cosmetics. He worked for five years with Shiseido (RUS), where he served as Finance and Administrative Director. From the company’s start in 2007, he was responsible for operational design and development and management of the back office, including finance, accounting, tax, supply chain, legal and information technologies. By implementing lean management principles and efficient business process formation, he assured significant indirect cost savings and tax optimization, contributing to their breakeven attainment ahead of shareholders’ expectations.
Previously, Mr. Avajansky worked in the finance department of Sony CIS, Moscow, where he most recently served as General Manager. He was the key stakeholder in the operational restructuring of Sony’s business in Russia and startup of the local sales company, responsible for financial aspects of the process, including business modeling, cash-flow planning and forex hedging.
Earlier at Sony, Mr. Avajansky managed a project to enhance corporate internal controls in accordance with the requirements of the Sarbanes–Oxley Act of 2002. The project team, supported by global and European corporate initiatives on internal control improvement, successfully remediated all the material deficiencies and weaknesses in existing business processes and company-level controls. Prior to joining Sony, he served as a Senior Finance Analyst at Oracle CIS.
Mr. Avajansky earned a master’s degree in finance from Finance Academy under the Russian Federation Government in Moscow and a master’s degree in law from State University Higher School of Economics in Moscow. A Russian national, he is fluent in Russian and English.