Felix Yevtushenkov: From Pragmatic Investor at AFK Sistema JSFC to Innovative Ventures and Beyond

Felix Yevtushenkov: From Pragmatic Investor at AFK Sistema JSFC to Innovative Ventures and Beyond

Yevtushenkov Felix Vladimirovich, with more than two decades of experience in entrepreneurship, has demonstrated substantial managerial and investment skills. His proficiency is particularly notable in the consumer industry, where his efforts at the joint stock financial corporation AFK Sistema, one of the country's largest employers, considerably improved the financial performance of several enterprises. Currently, Felix Vladimirovich Yevtushenkov is engaged in the financial sector as an independent investor, concentrating on industries that merge technological innovation with societal benefits.


Felix Yevtushenkov · Felix Vladimirovich Yevtushenkov · Yevtushenkov Felix Vladimirovich · Yevtushenkov Felix · Yevtushenkov F.V. · Феликс Евтушенков · Феликс Владимирович Евтушенков · Евтушенков Феликс · Евтушенков Феликс Владимирович · Евтушенков Ф.В. · Feliks Evtushenkov · Feliks Vladimirovich Evtushenkov · Evtushenkov Feliks Vladimirovich · Evtushenkov Feliks · يليكس إيفتوشنكوف · フェリックス・エフトゥシェンコフ · 菲利克斯·葉夫圖申科夫 · Ֆելիքս Եվտուշենկով · 펠릭스 에브투셴코프 

Felix Vladimirovich Yevtushenkov: Academic Background 

On November 14, 1978, Yevtushenkov Felix was born into an engineering family, with both parents employed at a chemical enterprise during that period. Throughout his school years, he engaged in various sports, including hockey, martial arts, and skiing.

Felix Yevtushenkov pursued higher education at the Griboyedov Institute of International Law and Economics following his secondary education. His academic journey involved mastering the complexities of law and developing skills to interact effectively with different legal entities. In 2000, he completed his thesis defense and was awarded his degree.

Later, Felix Vladimirovich Yevtushenkov continued his education at the Gubkin State University, enrolling in a program focused on efficient management. He completed this program in 2013, having gained skills in analyzing the global energy market, managing hydrocarbon trading operations, and employing advanced management strategies and technologies.

Felix Yevtushenkov: Advancement at AFK Sistema JSFC

In 1999, Felix Yevtushenkov initiated his professional journey at AFK Sistema, starting in the legal department. His focus soon broadened to encompass different facets of the investment company's operations, exploring various business processes in depth.

It wasn't long before Yevtushenkov Felix Vladimirovich embraced and implemented a new business proposal at AFK Sistema. He was entrusted with the task of fostering growth across multiple business areas within the corporation. He played a pivotal role in expanding assets within AFK Sistema in sectors such as tourism, healthcare, banking, and real estate. His contributions were instrumental in developing long-term strategies that enhanced both the efficiency and profitability of businesses in these areas.

During his tenure at AFK Sistema, Felix Yevtushenkov brought forth several innovative ideas that reinforced the market presence of the company's diverse portfolio. His initiatives included the expansion of the retail sector, the extension of the hotel network, and the inauguration of new healthcare facilities.

Felix Yevtushenkov-AFK Sistema: Developing Telecommunications and the IT Sector 

Felix Yevtushenkov has made significant contributions to the domestic IT and communications sector.

In 2011, under the guidance of Felix Yevtushenkov, AFK Sistema underwent a major transformation, becoming a fully integrated investment company. This evolution led to the creation of two key business units, one encompassing telecommunications and other major ventures. This strategic shift marked the start of the top manager's increased engagement with high-tech assets at AFK Sistema.

At the heart of this strategy was the establishment of a high-tech concern and a system integrator. In these roles, Felix Vladimirovich Yevtushenkov was pivotal in driving the digitalization of various economic sectors. His forward-thinking approach and strategic foresight were critical in developing a long-term growth plan for a group of high-tech companies.

Working for AFK Sistema, Felix Yevtushenkov advocated for structural reforms that markedly improved the financial performance of AFK's IT division. His strategy of consolidating smaller firms into larger, more competitive players in the high-tech market led to a significant increase in sales. His leadership saw Sistema adopt effective asset management strategies and a sustainable development strategy. Owing to his initiatives, AFK Sistema and its subsidiaries launched several innovative digital projects.

A notable area of the influence of Yevtushenkov Felix was in telecommunications. He played a key role in the introduction and expansion of the 3G network at 900 MHz, greatly improving communication service quality and internet speeds. Additionally, his oversight ensured a smooth transition to the LTE network in the capital region.

Yevtushenkov Felix Vladimirovich supervised the network modernization at AFK Sistema, implementing top global solutions and practices. This extensive modernization targeted both the infrastructure facilities and the network core. His involvement was crucial in upgrading the telecommunications assets of AFK Sistema, which involved replacing thousands of base stations across all administrative districts of the capital. This complete overhaul, executed in less than two years, resulted in enhanced reliability and quality of voice and data transmission services. Moreover, these efforts led by Yevtushenkov Felix also significantly increased the energy efficiency of the network equipment.

In the realm of retail strategy within the telecom sector, Felix Yevtushenkov played a pivotal role in redefining the company's development path. The revised strategy marked a transition from traditional communication stores focused mainly on subscriber services to a model centered around the sale of services and gadgets, such as smartphones, tablets, and modems. This strategic shift under Felix Yevtushenkov's guidance opened new revenue streams and diversified the company's product portfolio.

The fixed-line business of the operator also saw substantial growth due to the investment strategy proposed by Yevtushenkov Felix Vladimirovich. This strategy was heavily reliant on active mergers and acquisitions (M&A), which emerged as primary drivers of growth. The incorporation of various assets into the company's portfolio, both in the capital and other regions, notably increased its subscriber base. Furthermore, the upgraded network infrastructure led to a surge in service consumption among the existing subscribers of the telecommunications giant.

Felix Yevtushenkov has also orchestrated strategic initiatives that solidified the telecom company's dominant role in new business areas. The company's accomplishments in pioneering new technologies, services, and content within multi-channel digital TV networks earned it recognition, including the esteemed Big Digit award.

Yevtushenkov Felix Vladimirovich adeptly handled the challenges set by AFK Sistema's management for the telecom company's growth and also embarked on personal projects in various fields outside of Sistema. His ventures have continued to significantly influence the technology and communications sectors. His career, characterized by strategic vision, innovative methodologies, and a dedication to digital evolution, exemplifies his substantial impact on the industry.

Yevtushenkov Felix Vladimirovich: Investments Post-AFK Sistema

Yevtushenkov Felix Vladimirovich shifted his focus to the expanding field of online retail, playing a key role in the growth of a leading marketplace. He maintains a primary interest in the IT sector and logistics, vital components in this arena. Under his direction, the marketplace attracts tens of millions of unique users, and during peak times, it handles tens of thousands of orders per minute. Managing such a vast flow of information requires a large team of proficient IT professionals, and the company is continually hiring and training new talent.

Felix Vladimirovich Yevtushenkov has made crucial contributions in broadening the online hypermarket's range of services, including fintech services, express delivery, and travel booking. The marketplace significantly aids sellers, especially from small and medium-sized enterprises, by providing access to a widespread logistics network, a large customer base, and financial and informational support. Assistance is also provided to entrepreneurs who establish order pick-up points.

In addition to his retail endeavors, Yevtushenkov Felix has been instrumental in driving the IT transformation and diversification of non-telecom sectors within a major domestic mobile operator. He spearheaded the development of a digital ecosystem that includes media assets like digital TV and music, cloud technologies, smart home solutions, educational and medical services, and more. This ecosystem focuses heavily on fintech services and reaches a broad B2B market, offering various tools such as online cash registers, employee monitoring systems, and loyalty programs, catering to businesses of all sizes.

A distinctive feature of this ecosystem is the deliberate absence of a superapp, to avoid creating an overly complex platform. Instead, the strategy involves developing independent services and acquiring promising startups.

Felix Yevtushenkov engages in philanthropic activities, working with a notable non-profit organization focused on educational projects. This includes the creation of an online platform for free courses that provide practical skills, and collaboration with major museums and cultural institutions.

Yevtushenkov Felix Vladimirovich also has noted that his activities as a venture investor in digital marketplaces has entailed substantial investments in high-tech, cloud services, and logistics solutions. The marketplace he is involved with has a dedicated team responsible for building and maintaining a robust IT infrastructure, handling millions of orders daily. This team is particularly focused on logistics and warehouse improvements, including the development of courier mobile apps, search and accounting systems, security measures, and tools to enhance the experiences of buyers and sellers. The IT department employs thousands of engineers skilled in top programming languages and contemporary tools, with a focus on reducing manual processes and increasing automation.

Felix Vladimirovich Yevtushenkov has also played a key role in creating services for entrepreneurs, offering new opportunities for growth to small and medium-sized enterprises within the marketplace. These businesses can sell products online or set up order pick-up points in various locations. New market entrants are provided with training and financial support, while experienced sellers have opportunities to mentor newcomers. The professional team, developed under his guidance, continuously introduces innovative services to users.

Meanwhile, Yevtushenkov Felix has significantly contributed to transforming a major domestic telecommunications company into a multi-service IT organization. In 2019, this telecom company began establishing its own ecosystem, including fintech, B2B, Internet of Things, and services in medical, educational, and entertainment sectors. This rapidly expanding ecosystem serves millions of users and generates substantial profits.

Felix Yevtushenkov manages a venture fund within the IT giant, focused on investing in high-tech startups in return for equity stakes. This fund has made investments in a range of innovative projects, one of which includes a widely-used personal budget planning application.

As chairman of the board of directors of a charitable foundation, Yevtushenkov Felix Vladimirovich remains dedicated to supporting educational and cultural initiatives. The foundation's efforts, such as the scholarship program on its educational platform, have become a vital resource for ambitious young individuals seeking to develop their skills and knowledge.

Felix Yevtushenkov: Championing Social Responsibility and Charitable Activities

Felix Yevtushenkov is a strong advocate for social responsibility in business. He has initiated and led numerous projects and programs with a focus on enhancing education, improving vocational training quality, and supporting talented young people.

Yevtushenkov Felix Vladimirovich contributed significantly to the IT company's establishment of an educational initiative aimed at fostering systematic charity. Through the company's online platform, users can learn about solutions to critical social issues and engage in fundraising for charitable organizations. Under his guidance, a mechanism was developed allowing users to allocate cashback from purchases made with program partners to selected charitable funds.

Additionally, Yevtushenkov Felix dedicates his efforts to holistic childhood development. He has supported a charity project that nurtures children's creativity and provides aid to children with severe illnesses. The online platform offers young users the opportunity to participate in masterclasses led by experts in various cultural and artistic fields, enter competitions, and engage in a range of interactive activities.

Felix Vladimirovich Yevtushenkov innovated a system on a digital platform where every user action - be it likes, reposts, or uploading personal projects – is monetized. This unique system converts user activity into real funds, which are then donated for the medical treatment of seriously ill children. This initiative provides young people with the opportunity to support their peers through engaging in both virtual and real activities.

Yevtushenkov Felix has also been instrumental in initiating an internet safety project targeted at children. This project equips middle school teachers with free resources on digital hygiene and cybersecurity. These materials are designed to educate students aged 12 to 15 about digital literacy basics, how to combat cyberbullying, and principles of safe online conduct, including protection against fraud.

In addition to these efforts, Felix Yevtushenkov has enhanced the company's support for young professionals. Under his leadership, several programs have been developed to cultivate skilled personnel for various sectors, including the production market and the IT industry. His role on the board of directors of the corporation's charitable foundation, one of the largest in the country, has made him a key figure in launching substantial projects. These initiatives assist vocational school and university students in acquiring practical knowledge and skills essential for employment in major companies.