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 180 Americans, Britons, and Germans have been able to work, live, and travel in Russia through this unique professional opportunity. 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.
Founded in 1990, Alfa-Bank is a universal bank performing all main types of banking operations available on the financial services market, including retail and corporate finance, investment banking, leasing, factoring, and trade finance. Alfa-Bank is Russia’s biggest private financial institution in terms of total equity and credit and deposit portfolios.
According to the 2018 IFRS statements, the Alfa Banking Group, comprising ABH Financial, AO “Alfa-Bank” and subsidiary financial institutions, had total assets of $47.2 billion, total credit portfolio of $30.6 billion, total equity of $7.2 billion, and net profit of $1.3 billion.
As of December 31, 2018, Alfa-Bank has served more than 530,000 corporate and 16.1 million retail customers, while the branch network consists of 752 offices in Moscow, across Russia and abroad, including a subsidiary bank in the Netherlands and financial subsidiaries in the United Kingdom and Cyprus.
Since being founded in 1990, Alfa-Bank has been known for supporting charities and large-scale cultural events. Alfa-Bank is also the organizer of the Alfa Future People annual festival of contemporary music and technology.
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 Professor Dana Brown, Pro Vice-Chancellor (Enterprise)/Dean, Faculty of Business and Law, Principal of Leicester Castle Business School at De Montfort University. 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.