About Semyon

Since joining McKinsey in 2004, Semyon has led projects for clients in the Russian banking sector on a wide range of issues related to strategy design and the development and implementation of operational improvement programs.

He leads McKinsey’s work in the financial services and insurance sector in Russia and the CIS, managing projects to design and implement operational improvement programs and growth strategies for major banking groups in Russia. Semyon has considerable experience of operations transformation programs, strategy design and organizational models for companies in the oil & gas sector.

Examples of recent projects:

  • optimization of the corporate lending process for a major Russian bank;  
  • design and implementation of a centralized operating model for one of the largest Russian universal banks, including back office planning and set-up, resulting in the centralization of operational and support functions; 
  • development of a banking strategy in Russia for a leading international bank, including market and competition analysis, client segmentation, establishment of a target model of service distribution and preparation of a business plan, including a financial model;
  • diagnostics of the process, organization and tools used for collecting defaulted debt in a large Russian retail bank. 
  • operations benchmarking of several leading Russian retail banks.

Before joining McKinsey, Semyon worked as a lawyer, focusing on mergers and acquisitions.

Published work

Cash Notwithstanding” (in Russian), Kommersant, December 2015

Banks should not cut costs to handle a crisis but to build a promising new business model” (in Russian), Vedomosti, February 2015

Education

University of Chicago
MBA

Lomonosov Moscow State University, Faculty of Law
Degree in law