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Andrey Suchkov

vice-president, Vneshtorgbank Andrey Suchkov is the head of Vneshtorgbank’s mortgage and consumer credit division and has a good claim to the title “father of Russian mortgages”.Mortgages have just come of age in Russia and the business of lending money to people to buy their own home is expected to grow from the current $1bn to somewhere over $100bn by the end of the decade.
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This year the Kremlin has thrown itself into building a mortgage market and wants to see one-third of Russians owning their own homes by 2008.

Mr Suchkov graduated from the prestigious Moscow State University in 1979 at 22 and worked as an economist at the even more prestigious Russian Academy of Sciences, getting a PhD in 1984.

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