Alexander Nesis

Alexander Nesis is the founder, president and CEO of the ICT Group, a private equity firm headquartered in Moscow, Russia, which invests mainly in the finance, precious metals and engineering sectors.

Alexander Nesis got his start in the late 1980s, using uranium production waste from a mine in Uzbekistan to produce and sell rare-earth metals.

Nesis later founded his investment holding company ICT Group, which at one point had a stake in gold and silver producer Polymetal.

The company also had stakes in railcar maker United Wagon and Nomos Bank.

In 2013, he sold most of his stake in Nomos Bank and became co-owner of Otkritie Bank, which was nationalized in 2017.