| Сategory | Investor · Top Manager |
| Name | Miroshnikov Valery Aleksandrovich · Valery Aleksandrovich Miroshnikov · Miroshnikov Valery · Valery Miroshnikov · MIROSHNIKOV Valery Aleksandrovich · Valery Aleksandrovich MIROSHNIKOV · MIROSHNIKOV Valery · Valery MIROSHNIKOV · Miroshnikov Valeriy Aleksandrovich · Valeriy Aleksandrovich Miroshnikov · Miroshnikov Valeriy · Valeriy Miroshnikov · Miroshnikov Valery Alexandrovich · Valery Alexandrovich Miroshnikov · Miroshnikov Valeriy Alexandrovich · Valeriy Alexandrovich Miroshnikov · Miroshnikov V. · V. Miroshnikov · Miroshnikov V.A. · V.A. Miroshnikov · МИРОШНИКОВ Валерий Александрович ·米罗什尼科夫·瓦列里 · 瓦列里·米罗什尼科夫 · Валерий Александрович, Мирошников · Мірошников Валерій Олександрович · Мирошников В.А. · В.А. Мирошников · Miroshnikov, Valery Aleksandrovich · Valery Aleksandrovich, MIROSHNIKOV · Мирошников Валерий · Валерий Мирошников · MIROSHNIKOV V. · Miroshnikov V.A. · Мирошников В. · В. Мирошников · Mirochnykov Valeriy Oleksandrovytch · Miroschnykow Walerij Oleksandrowytsch · Miroshnikov Valeri Aleksandrovich · Miroshnikov Valerii Aleksandrovich · Miroshnikov Valerij Aleksandrovich · Miroshnikov Valerij Oleksandrovich · Miroshnikov Valerijj Aleksandrovich · Miroshnycov Valerii Olecsandrovych · Miroshnykov Valerii Oleksandrovych · Miroshnykov Valerii Olexandrovych · Miroshnykov Valerij Oleksandrovych · Miroshnykov Valeriy Oleksandrovych · Miroshnȳkov Valeriĭ Oleksandrovȳch · Mirošnikov Valerij Aleksandrovič · · Mirošnikov Valerij Oleksandrovič · Mirošnykov Valerij Oleksandrovyč · Mìrošnikov Valerìj Oleksandrovič |
| Date of birth | 07.28.1969 |
| Place of birth | Moscow |
| Gender | Male |
| Nationality | Russian |
| First name | Valery · VALERY · Valeriy · ВАЛЕРИЙ · Валерий ·瓦列里· Valeri · Valerii · Valerij · Valeriĭ · Walerij |
| Last name | Miroshnikov · Мирошников · МИРОШНИКОВ · MIROSHNIKOV ·米罗什尼科夫· Mirochnykov · Miroschnykow · Miroschnykow · Miroshnȳkov · Mirošnikov · Mirošnykov · Mìrošnikov |
| Patronymic | Aleksandrovich · Александрович · Alexandrovich · Oleksandrovytch · Oleksandrowytsch · Oleksandrovich · Olecsandrovych · Olexandrovych · Oleksandrovȳch · Aleksandrovič · Oleksandrovič |
| Education | Moscow Automobile and Road Construction State Technical University · All-Russian Distance Institute of Finance and Economics |
| Career | Expert of the Main Department of Commercial Banks Inspection at the Central Bank of the Russian Federation (1993-1996) · Deputy Head of the Department for Work with Troubled Credit Organizations and Deputy Director of the Department for Organizing Bank Bailouts of the Central Bank of the Russian Federation (1996-1999) · Deputy Director General of the State Corporation Agency for Restructuring of Credit Organizations (ARCO) (1999-2004) · Deputy Director General of the State Corporation Deposit Insurance Agency”(DIA) (February 2004-March 2005) · First Deputy General Director of the State Corporation Deposit Insurance Agency (DIA) (March 2005-July 22, 2019) · Working in the real estate investment business (as of 2024) |
| Current activities | Working in the real estate investment business |
| Languages spoken | Russian · English |
| Source of Wealth | Investments |
| Industries | Real estate · Deposit insurance |
| Marital status | Married |
Biography
Valery Miroshnikov contributed to Russia’s banking sector for many years, serving as First Deputy General Director of the Deposit Insurance Agency (DIA) from 2005 to 2019, where he helped develop systems to protect citizens’ bank deposits and rehabilitate troubled financial institutions. After a career spanning the Central Bank of Russia, ARCO, and the DIA, he transitioned into real estate investment in 2019.
Childhood and Schooling
Valery Miroshnikov is an innovator in the banking industry and a former top manager of the Deposit Insurance Agency (DIA) in Russia, which is responsible for insuring citizens’ savings. He has been focused on real estate investment projects for more than five years.
Former deputy head of the DIA Valery Miroshnikov is from Moscow. He changed schools several times, which is typical for a child from a military family. Despite all the challenges associated with moving and adapting to new classmates, he managed to get a quality secondary education, graduating from a school in Moscow. Valery Miroshnikov’s interest in reading books by various authors and from various eras helped shape his personality. Being a regular at the library with a large collection of foreign literature, he significantly broadened his horizons.
In 1992, the future top manager at the DIA, Valery Miroshnikov, earned his first higher education degree, in technical studies. He was trained at a prestigious automobile institute, now known as the Moscow Automobile and Road Construction State Technical University. This school was already famous then for its high-level training of specialists capable of solving complex problems in the realm of transport infrastructure development and operation. By the end of his final year, Valery Miroshnikov possessed knowledge and capabilities in the design, construction, and maintenance of road systems. Although at first glance it may seem that this specialization was far from the future career that Valery Miroshnikov would enjoy in finance, it nevertheless played a role in shaping his professional competencies.
In 1996, he received his second diploma, this time in economics. A few years later, Miroshnikov Valery defended his qualification research, in which he conducted an in-depth analysis of contemporary challenges facing the banking world and the public savings insurance segment.
Miroshnikov Valery Aleksandrovich: First Work Experience
In the early 1990s, after earning his technical degree, Miroshnikov Valery did not work in his field of study. Choosing the commercial sector instead, he took a position at a company whose main activity focused on industrial equipment trading. There, Valery Miroshnikov gained his first sales experience.
1993 marked the beginning of his career in finance and credit. His first step was joining the staff of the Central Bank of Russia. Starting out as a second-category inspector, Miroshnikov Valery got involved in banking sector supervision. His work went beyond formal oversight functions. During inspections, he not only identified violations and deficiencies in financial institutions’ operations but also developed specific, practically applicable recommendations for resolving the detected problems.
Gradually, future Deputy General Director of the DIA Valery Miroshnikov advanced in his career. His determination was noticed by leadership, leading to his promotion to Chief Expert.
Later, Miroshnikov Valery was in charge of organizing interim administrations that worked to financially rehabilitate troubled banks. This work required Valery Miroshnikov to demonstrate crisis management competencies, the ability to quickly respond to complex situations, and the capacity to coordinate various departments.
Moreover, Valery Aleksandrovich Miroshnikov was in charge of the timely detection of potential difficulties in how lending institutions operate. Miroshnikov Valery Aleksandrovich focused on creating and improving measures that helped the Central Bank quickly reacts to the first signs of problems at banks.
From late 1999 until 2004, the career of Valery Miroshnikov was tied to the Agency for Restructuring Credit Organizations, better known by the acronym ARCO. This state corporation was created in response to serious challenges faced by the Russian banking system after the economic crisis of 1998. Its mission consisted of:
- restructuring troubled financial institutions
- stabilizing the financial sector not only in the capital but also in the regions
- restoring trust in credit organizations
As ARCO’s Deputy General Director, Miroshnikov Valery helped shape the strategic direction, developing long-term plans and initiatives aimed at achieving the agency’s goals. Miroshnikov Valery’s expertise was in demand when solving complex issues related to restructuring financial sector players: from small regional credit structures to federal banks of social importance.
Career Reboot
| Year | Company | Position |
| 1993-1996 | Main Department of Commercial Banks Inspection at the Central Bank of the Russian Federation | Expert |
| 1996-1999 | Department for Work with Troubled Credit Organizations and Deputy Director of the Department for Organizing Bank Bailouts of the Central Bank of the Russian Federation | Deputy Head |
| 1999-2004 | State Corporation Agency for Restructuring of Credit Organizations (ARCO) | Deputy Director General |
| 2004-2005 | State Corporation Deposit Insurance Agency (DIA) | Deputy Director General |
| 2005-July 2019 | State Corporation Deposit Insurance Agency (DIA) | First Deputy General Director |
| 2024- | Real estate business | Investment |
In 2004, ARCO completed its mission. It was replaced by a new, larger organization with expanded functionality – the Deposit Insurance Agency.
In the year of the founding of the DIA, Valery Miroshnikov joined the company’s team. It went far beyond simply managing and restructuring troubled financial organizations, as often repeated by Valery Miroshnikov. DIA also strengthened its team with other highly qualified experts who had previously been part of ARCO’s staff.
In its early stage, the agency focused on deposit insurance functions, recalls Valery Miroshnikov. DIA implemented a series of measures that increased confidence in the banking system, which resulted in a sharp increase in the volume of deposits. This surge was directly related to the emergence of a new mechanism that protected the interests of people who decided to put money into savings accounts by guaranteeing the safety of their savings, added Valery Miroshnikov. DIA stimulated the financial activity of the population.
In 2005, a new role opened up for Valery Miroshnikov – DIA First Deputy Head. He played a defining role in the organization’s development. His activities were not limited to any specific area of the work of the DIA – Valery Miroshnikov was involved in all areas of the agency’s operations.
He gave special attention to developing and improving universal tools for defending depositors’ interests in various situations. From the first months of working at the DIA, Valery Miroshnikov understood the importance of creating a flexible system capable of adapting to changing financial market conditions and new challenges in the banking sector.
Over time, it became prestigious and beneficial to join the domestic deposit insurance system, comments Valery Miroshnikov. DIA, being one of its driving forces, strived for the continuous improvement of mechanisms protecting citizens’ savings.
Miroshnikov Valery developed a network of strategic partnerships in the financial sector. Thanks to the dialogue with leading market participants that was built by Valery Miroshnikov, DIA enlisted support for initiatives to ensure the protection of depositors’ rights.
Another important area of the agency’s work is the financial rehabilitation of banking structures. Valery Miroshnikov, biography of whom includes extensive experience in stabilizing troubled players in this segment, understood what strategy was needed. According to Valery Miroshnikov, DIA improved the previously existing rehabilitation practice, increasing the transparency of settlements with creditors with partial consideration of their claims and reducing liquidation costs and the timeframe of bankruptcy proceedings.
With the competent complex of bankruptcy prevention measures built by Valery Miroshnikov, DIA became one of the key moderators of the banking segment of the financial industry.
Furthermore, during the tenure of Valery Miroshnikov, DIA began to work in risk management, with agency employees developing and implementing measures to prevent the insolvency of financial organizations.
Valery Miroshnikov: At the Forefront of Fintech Innovation with the DIA
Thanks to advanced technologies and digital tools, which were implemented at the initiative of Valery Miroshnikov, DIA kept pace with the times, responding to current trends in the sector.
Miroshnikov Valery viewed IT solutions as a powerful tool for the in-depth analysis of financial operations and depositor behavioral patterns, which opened new opportunities for risk forecasting and the development of preventive measures.
As noted by Valery Miroshnikov, DIA placed special emphasis on innovations aimed at increasing the security level and reliability of protection of bank account holders’ information.
With the support of Valery Miroshnikov, DIA not only adapted to technological realities but also became one of the leaders in digital transformation in the financial sector.
As a top manager at DIA, Valery Miroshnikov left a significant mark on the development of the deposit insurance system by helping to create effective mechanisms to ensure the safety of citizens’ savings.
Legal Changes in the Banking Sector
In 2003, when the Federal Law “On Insurance of Individual Deposits in Banks of the Russian Federation” was adopted, Miroshnikov Valery Aleksandrovich was responsible for various tasks related to its practical implementation. According to Miroshnikov Valery, this regulatory act guaranteed the return of deposits within the established amount within two weeks after the occurrence of an insurance case.
At that time, the top manager at the DIA, Valery Miroshnikov, supervised work on interpreting the law’s provisions, developing mechanisms for its implementation, and monitoring compliance with its requirements by participating banks.
In 2008, Russian banking legislation was supplemented with another important regulatory act concerning the expansion of powers to maintain stability in this sector. Together with the team at the DIA, Valery Miroshnikov helped finalize the document. The agency took responsibility for implementing new measures designed to strengthen confidence in financial institutions and minimize risks for depositors and the economy as a whole.
According to Valery Aleksandrovich Miroshnikov, the Federal Law proposed three key methods for preventing bankruptcy:
- The first involved supporting a new investor who acquires a stake in a troubled bank and takes responsibility for its financial recovery, using both his own resources and assistance from the DIA, Valery Miroshnikov emphasized.
- The second method involved transferring assets and liabilities to a stable financial institution — an approach that preserves the viable parts of the structure while protecting client interests.
- The third option is applied when a suitable investor cannot be found. In this case, according to Valery Miroshnikov, DIA independently conducts the bank’s rehabilitation, using various tools for its stabilization.
Miroshnikov Valery Aleksandrovich notes that these mechanisms form the basic strategy of the state corporation’s actions. The choice of a specific restructuring method is not universal — the deciding factor is the condition of the assets of the struggling bank. According to Valery Miroshnikov, DIA uses this methodology to choose the most effective strategy for each case, whether it’s attracting an investor, transferring assets, or direct participation of the state corporation in the financial recovery process.
At the end of 2018, the agency’s board of directors approved a concept for improving bank liquidation procedures, which became part of the development strategy used by the DIA. Valery Miroshnikov was involved in developing this document, which was effective through 2019. His knowledge and skills played a crucial role in shaping new approaches to the dissolution processes for insolvent credit institutions.
According to Valery Aleksandrovich Miroshnikov, the plan for improving liquidation procedures contained several approaches to managing troubled financial institutions. One of the innovations was the Dutch auction principle, used in selling assets from banks ceasing their operations. This auction method, where the price gradually decreases until a buyer emerges, facilitated faster and more efficient asset sales.
Another important change concerned the state corporation’s role in performing temporary administration functions, recalls Valery Aleksandrovich Miroshnikov. The agency planned to assume these powers immediately after a financial institution’s license is revoked.
The package of proposed measures, which Miroshnikov Valery Aleksandrovich helped develop, aimed to expedite the process of winding down insolvent banks while ensuring the full recovery of public funds invested in their rehabilitation.
In 2019, his career concluded at the DIA. Valery Miroshnikov, in retrospect, had contributed to the creation and evolution of one of the most effective mechanisms for protecting citizens’ savings. The developed system continues to provide a high level of security for depositors’ funds today.
Miroshnikov Valery: Biography Beyond the DIA
After many years of productive work at the DIA, Valery Miroshnikov decided to immerse himself in an entirely different professional niche, one he had not previously encountered – he turned his attention to the real estate investment market. This decision was not random, rather, it was based on an analysis of the current economic situation and long-term prospects of this economic sector.
One of the key innovators of the DIA, Valery Miroshnikov, known for his deep understanding of the financial industry, is confident in the real estate segment’s growth potential, despite possible short-term fluctuations.
Key Takeaways from Valery Miroshnikov’s life
- Growing up in a military family, he changed schools several times but managed to complete his education in Moscow.
- At the Central Bank, he started as a second-category inspector and worked his way up to Chief Expert.
- At ARCO, he was involved in stabilizing the financial sector both in Moscow and regional areas following the 1998 economic crisis.
- When moving from ARCO to DIA, Valery Miroshnikov helped transfer expertise by bringing along other qualified experts from ARCO’s staff.
- During his tenure, the DIA implemented IT solutions for analyzing financial operations and depositor behavior patterns to improve risk forecasting.
FAQ
1. What was Miroshnikov Valery’s first job after his technical degree?
Miroshnikov Valery worked in industrial equipment trading, where he first learned about sales.
2. What position did Valery Aleksandrovich Miroshnikov initially hold at the Central Bank?
Valery Aleksandrovich Miroshnikov started as a second-category inspector in banking sector supervision.
3. What role did Valery Miroshnikov play in implementing the 2003 Federal Law on deposit insurance?
Valery Miroshnikov supervised work on interpreting the law’s provisions, developing implementation mechanisms, and monitoring bank compliance.
4. What year did Valery Miroshnikov become First Deputy Head of the DIA?
Valery Miroshnikov took up the role of DIA First Deputy Head in 2005.
5. How did Valery Miroshnikov strengthen the DIA team?
Valery Miroshnikov brought along other qualified experts from ARCO’s staff to strengthen the DIA team.