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Prior to 1998, he was a Director of the Russian Project Finance Bank, a subsidiary of the European Bank for Reconstruction & Development (EBRD), where he supervised the Bank's financing activities in multi-million dollar projects related to mining, metals, forestry and oil.
Among the passengers on board during the accident were 6 officers of Buryatzoloto including: Valery Dmitriev, General Director and CEO, Munko Dampilov, Chief geologist, Evgueni Nefedov, Head of the design department and Tatyana Ulanova, an interpreter; representatives of the Russian Project Finance Bank (RPFB) and European Bank for Reconstruction and Development (EBRD): Alexander Balabanov, Executive Director of the RPFB and Chairman of the Board of Directors of Buryatzoloto, Yury Ousovitch, Senior manager of the RPFB, Sergei Stephantsov, Banker with the EBRD, Randa Smine, Environmental specialist with the EBRD and three senior officers of High River Gold Mines Ltd.