The Alfa Fellowship Program was founded in 2004 with the aim of fostering a community of emerging leaders who have first-hand experience in the business, public policy, and cultural environments of Russia and the region. Since then, over 200 Americans, Britons, and Germans have been able to experience the workplace, while living and traveling in Russia through this unique professional opportunity. The Key goals of the Alfa Fellowship Program are to expand networks of American, British, German, and Russian professionals, develop greater intercultural understanding, and advance knowledge of Russian affairs in the West.
The program is funded by Alfa-Bank, and is administered in the U.S., U.K., and Germany by Cultural Vistas and in Moscow by the Fund for International Fellowships and Cultural Dialogue.
Alfa-Bank is the biggest private universal bank of Russia. It has been a leader in every segment of the banking business for the past 30 years. The Bank’s active clientele is comprised of 550,000 corporate customers and 16 mln retail customers.
Alfa-Bank has a phygital development model, which combines digital innovations and an efficient physical presence network, including 525 offices in Moscow and Russian regions, courier service in 900 cities, and 27,900 of its own and partner ATMs. While continuing face-to-face communication with customers the Bank is opening “offices of the future” with biometric and geo-location identification systems.
In addition, Alfa-Bank has the best banking application in Russia (according to Markswebb), which is regularly used by 80% of its customers (the application is rated 4.9 out of 5 in App Store, and 4.8 out of 5 in Google Play). Alfa-Bank’s values are best customer service, technological leadership, and best employees. In 2019, Alfa-Bank was named Bank of the Year by The Banker magazine, the Best Mortgage Bank in Russia by the Global Finance magazine and No. 1 Premium Bank in Russia by Frank Premium Banking Award.
According to IFRS financial statements for 2019, the Alfa Banking Group, which comprises ABH Financial, AO «ALFA-BANK» as well as its subsidiary financial companies, had total assets of USD 59.47 bn, gross loans of USD 39.8 bn, and total equity of USD 8.1 bn. Total comprehensive income for 2019, including net profit and other comprehensive income, increased to USD 1.03 bn.
About Cultural Vistas
Founded in 1963, Cultural Vistas is a nonprofit exchange organization promoting global understanding and collaboration among individuals and institutions.
It develops international professional experiences that create more informed, skilled and engaged citizens. Cultural Vistas’ programs empower people to drive
positive change in themselves, their organizations and society. Cultural Vistas is headquartered in New York and has regional offices in Washington, D.C. and Berlin, Germany.
Cultural Vistas is the U.S. representative for the Alfa Fellowship Program and has administered the program since its inception in 2004. In 2009, the program was expanded to include young professionals from the U.K., which Cultural Vistas administers in consultation with Dr. Andrew Monaghan. In 2014, the program grew to include German citizens, which Cultural Vistas administers together with its European office headquartered in Berlin. For more information, please visit culturalvistas.org/about-us/
About the Fund for International Fellowships and Cultural Dialogue
The Alfa Fellowship Program is administered in Russia by the Fund for International Fellowships and Cultural Dialogue. The Fund was established by the Corporate Charity Projects Department of Alfa-Bank with the goal of ensuring successful day-to-day operations of the Alfa Fellowship Program. The Fund, also known as the “Moscow Office,” is a welcoming place that provides a supportive environment for fellows to help them adjust to life in the Russian capital. Staff in the Moscow office work together with fellows to identify suitable placements at leading institutions in Russia by drawing upon contacts throughout industry, media and foundations. Additionally, the Moscow office staff arrange other important aspects of the program, such as the seminar series, language courses, housing and regional trips, and assist fellows with day-to-day needs.