Alexander Magomedov Chief Commercial Officer, Yandex.Money

Alexander graduated from the Moscow State Aviation Technological University and the Finance University under the Government of the Russian Federation.

From 2008 to 2011, he worked at the ASCON group. Alexander joined the team at Yandex.Money in 2011, where he led the department on payment business development, worked to expand the service’s network of payment agents, launched multiple card acquiring projects, and partnered with leading banks and money transfer systems to release joint products. Alexander also played a key role in the creation of Yandex Payment Solution, a service specifically designed to enable online stores to accept payments via all the most popular methods — from bank cards to mobile phone accounts.

Today, Yandex Payment Solution is in use by over 75,000 online platforms including Apple iTunes, Skype, Nintendo etc. Currently, Alexander heads up the Sales and Commerce Department, where he is in charge of the strategy and development of the B2B side of Yandex.Money’s business.