Vladislav Soloviov, chief financial officer, RUSAL
What is the most challenging area of your job?
Working for a major company that is growing faster than any other in the industry is quite a challenge.
I have been with RUSAL since it was created in 2000 out of the merger of two aluminium businesses. Between them, they owned a number of mines and smelters and other assets that had changed hands several times since the collapse of the Soviet Union. The concepts of budgeting, planning and finance were non-existent and processes relating to financial
More on Risk management
Energy Risk at 30: Learning from the past
Energy Risk looks back at the seminal events and developments that have shaped today’s energy markets
Past disasters can prove the value of energy risk management
Analysing failures and losses at energy firms can underscore the value of consistent, high-quality risk management
How quants shaped the modern energy markets
The business models of today’s utility firms are built on quantitative analysis, but the introduction of these techniques in the 1990s was far from smooth
Interview: Vince Kaminski
Market veteran Vince Kaminski discusses the biggest risks to energy firms today and whether risk teams can ever prove their value
Mounting risk prompts refocus on integrated energy risk management
Energy firms are facing heightened risk due to shifting geopolitics, climate change and the energy transition. As market, credit and enterprise risks ramp up, the need for improved integrated risk management is growing, say risk managers
Energy supply chains seen as a growing risk
Supply chain risk is now a major concern, with some firms even viewing it as an existential threat, survey finds
Can behavioural science curb rogue traders… and compliance costs?
Instead of using surveillance to catch endless bad apples, experts urge banks to clean the barrel
Former regulator urges new approach to AI explainability
Ex-OCC chief Michael Hsu suggests shift from academic analysis to decision-based techniques
