He has served clients in a range of industries, including retail, metals and mining, petrochemicals, real estate, banking and automotive.
On one of his most recent engagements at A&M, Mr. Afendikov served as head of a restructuring project in a large Russian engineering company. Before that, twice in the past four years he was involved in management and carving-out the NPL portfolios of two large, private Russian banks into separate structures, creating a special division responsible for the work-outs in both banks. In parallel, he served as senior case manager for several large-scale assets, being responsible for the development and implementation of restructuring plans.
In addition, for more than two years Mr. Afendikov has coordinated work on a receivership project across a number of Russian assets (including an oil tanker terminal on the White Sea), the ownership of which had been disputed in the High Court of England and Wales, which in turn ordered receivership to be imposed.
Before that, Mr. Afendikov served as the deputy to the interim CEO of Mosmart, a large retail chain in Russia. Previously, he was involved in a restructuring project with TagAZ, a Russian CKD auto maker. There, he assisted in developing a financial model and a business plan, which were presented to the lenders as a part of a proposal to restructure over 20 bln RUB (ca. 500 mln EUR) in bilateral debt obligations.
Prior to joining A&M, Mr. Afendikov worked as the head of Sberbank Capital’s retail real estate division, a specialized workout unit of Russia’s largest bank, responsible for the restructuring of NPLs. There, he was responsible for operational management and led the restructuring of a large retail chain. Earlier, he worked as managing director in the investment division of Kopernik Group, where he launched a real estate consulting and development business, developed an operational strategy and established the organizational structure. His responsibilities included individual property management, portfolio management and optimization, real estate and investment asset sales, negotiations with creditors and investor relations. Prior to that, he was the head of business development at Masshtab, one of the largest land owners and land developers in Moscow.
Mr. Afendikov spent more than four years at McKinsey & Company working on various projects in a wide range of industries.
Mr. Afendikov earned a master’s degree in finance from Moscow Finance Academy and a master’s degree in business administration from INSEAD. A Russian national, he is fluent in English and German and has a working knowledge of French.