Under his guidance, the company has expanded, and in 1998, he became the first deputy of the chairman of the bank to be responsible for all of the bank’s investment funds. In addition to the above, Kosogov is the Chairman of the Board at Altimo, the telecom subsidiary of Alfa Group. Also, he was the one to oversee the cell network operator Vimpelcom, which merged with Egyptian billionaire Naguib Sawiris’ telecom holdings in 2011 to form the sixth largest telecom company in the world today, Wind Telecom. As of last year, once Alfa Group agreed to sell a 50% stake in TNK-BP to the state-owned Rosneft oil company for $28 million, Andrei Kosogov became $750 million wealthier in cash. He was awarded Russia’s Medal of Honor for his charitable works.