Suggestions
Mikhail Fedorov
Risk and decision support - Board member
Professional Background
Mikhail Fedorov is a distinguished Risk Management professional boasting over 15 years of exceptional experience that encompasses a unique combination of global consulting and business expertise. His extensive background is rooted in his deep knowledge of risk management, project management, strategy, and finance, which positions him as a leading figure in the field of risk management. Currently, Mikhail is the Risk Management executive leading the risk function for a prominent international mining and metals group based in Kazakhstan.
Prior to his current position, Mikhail spent more than six years at one of the largest Russian oil and gas companies, where he effectively led the risk management function. His tenure in this role was marked by significant contributions to fostering a robust risk culture across the organization, enhancing risk communications, and integrating risk management systems into the decision-making frameworks of the company. A notable achievement from this period includes his development of a comprehensive project risk management process that connects investment projects right from their inception to the decision-making committees, thereby streamlining processes and enhancing operational efficiency.
Mikhail began his professional journey in the consultancy sector, where he has worked with respected names like Accenture and Marsh. His roles involved advising senior management of various clients on risk management policies and their systematic implementation. These long-term engagements allowed him to conduct in-depth explorations into the businesses he served, providing him with valuable insights into industry-specific risks and challenges.
Education and Achievements
A strong proponent of continuous professional development, Mikhail has pursued several prestigious academic qualifications. He holds a Professional Certificate from Stanford University, which has significantly enriched his knowledge base in risk management. Additionally, he has completed a Postgraduate Diploma at the Russian Presidential Academy of National Economy and Public Administration (RANEPA) and earned a specialist degree from Smolensk Humanities University. Further demonstrating his commitment to education, Mikhail holds another Postgraduate Diploma from the Finance University under the Government of the Russian Federation. His extensive academic credentials equip him with the tools necessary to stay ahead in an ever-evolving industry landscape.
In recognition of his contributions to the field, Mikhail was awarded the title of “Risk Manager of the Year” in 2018 by the esteemed Russian Risk Management Society. This accolade speaks volumes about his respected status within the domain. Furthermore, he was a finalist for the “Excellence in Risk Management” Award during the same year, indicating his influential position among his peers, particularly through the Risk Manager of the Year nomination by FERMA.
In addition to his professional pursuits, Mikhail is a respected member of the ISO/TC 262, where he takes on the role of AHG 2 convenor for “Expertise Review.” His contributions to standardizing and enhancing risk management practices on an international level further underline his influential status.
Organizational Involvement
Mikhail is actively involved in various organizations that align with his expertise in risk management. He serves as an Advisory Board member at Odin 4.0 GmbH, contributing strategic insights based on his vast experience. As a member of the Professional Directors Association, the largest such association in Russia, Mikhail plays a crucial role in guiding risk management practices at the executive level in state-owned companies, where he also acts as an Independent Board member since 2019.
His previous positions include Director of Risk and Internal Control at Eurasian Resources Group and Head of Risk Management at Gazprom-neft, where he was instrumental in shaping the risk management frameworks within these substantial entities. Mikhail has also embarked on entrepreneurial ventures and was the Founder of Decisionquality.ru, showcasing his drive for innovation and support for structured decision-making processes.
Mikhail also expresses openness to selective consulting and training roles as an independent advisor and Subject Matter Expert (SME), making him a go-to resource for organizations seeking guidance in risk management strategies.
Notable Achievements
Mikhail’s illustrious career is highlighted by numerous notable achievements that demonstrate his leadership and expertise in risk management. His capacity to foster a strong risk culture within organizations enhances overall effectiveness, equipping teams with crucial tools and insights to navigate complex risk landscapes. His profound understanding of risk-related challenges, coupled with years of hands-on experience, enable Mikhail to share actionable strategies with clients and teams alike.
Throughout his career, Mikhail has showcased a commitment to building and promoting a sustainable risk management structure that aligns with organizational objectives. His successful implementation of risk management systems and policies has empowered decision-makers to incorporate risk awareness throughout various levels of their organizations, thereby reinforcing accountability and transparency.
In summary, Mikhail Fedorov stands out as a passionate leader and an expert in risk management, with a proven track record built on a strong educational foundation and a wealth of experience in both consulting and executive roles. His contributions not only enhance the risk culture within organizations but also ensure that risk management becomes an integral part of strategic planning and operational excellence.
tags([
