Alfa Fellowship Program

Program History

Despite historic changes that have taken place in Russia over the past two decades and its subsequent emergence into the global community, there are still too few experts in the United States and the United Kingdom with direct, meaningful experience in the modern business, government, public policy, and cultural environment of Russia. The Alfa Fellowship Program is designed to address this problem by providing a new and exciting opportunity for young professionals from the U.S. and the U.K. to live and work in Russia and to enable them to develop a genuine expertise through individualized professional assignments. As the program continues to develop, a new generation of American and British leaders and professionals are being exposed to Russian professional life and society.

The extension of the Fellowship to U.K. citizens was undertaken in 2009. For more information on the U.K. Alfa Fellowship Selection, please visit the following website: www.alfafellowship.org.

The Alfa Fellowship Program is sponsored by Alfa-Bank, and administered in the U.S. by CDS International, in the U.K. by Oxford University, and in Moscow by the Fund for International Fellowships and Cultural Dialogue.

About Alfa-Bank

Founded in 1990, Alfa-Bank is a full-service bank operating in all segments of the financial market, including retail and corporate lending, investment banking, trade finance and asset management.

Alfa-Bank is Russia’s largest private bank in terms of assets, equity capital and customer accounts. Under International Accounting Standards (IAS), in 2010 the assets of Alfa-Banking Group – which comprises Alfa-Bank as well as subsidiary banks and financial companies – totaled $28.5bn. It had aggregate capital of $3.1bn, an overall loan portfolio of $18.2bn, and net profit of $553m.

As of April 1, 2011, Alfa-Bank served over 40,000 corporate customers and 5.3m individuals. Alfa-Bank has 364 offices and branches in Russia and abroad, including a subsidiary bank in the Netherlands, as well as financial entities in the United States, United Kingdom and Cyprus.

Alfa-Banking Group has a long history of supporting charities, Russian culture, and creating programs for young talent.

OJSC Alfa-Bank is incorporated, focused and based in Russia, and is not affiliated with U.S.-based Alfa Insurance.