CIIM Faculty

Dr Andrey Afanasiev is the Programme Director of the MSc in Financial Services and Associate Professor of Finance and Risk Management at the CIIM. He serves as the principal contact at the CIIM of the University Affiliation Program provided by the CFA Institute.

Dr Afanasiev received his Ph.D. in Mathematics from Steklov Institute of Mathematics in 1993. The name of his thesis is “On asymptotic properties of binary statistical experiments”, advisor Prof. Albert Shiryaev. He continued his studies and received his Ph.D. in Finance from Institute of Economics RAS in 2003. The name of his thesis is “Methodological foundations and mechanisms of banks operations in derivatives markets”, advisors Prof. Vyacheslav Senchagov and Prof. Viktor Rudko-Silivanov. He has previous teaching experience at the Pacific State University of Economics, Russia.

Dr Andrey Afanasiev has more than 25 years of experience in international banking and risk management. For nearly 10 years Dr Afanasiev was the Head of Risk Management in RCB Bank Ltd., which is a European systemically important financial institution operating in Cyprus. His expertise in Financial Services is based on a unique combination of solid academic background and extensive international experience (Europe, Emerging Markets and Gulf countries). He is also FRM (Financial Risk Manager) certified from Global Association for Risk Professionals and PRM (Professional Risk Manager) certified from Professional Risk Managers’ International Association.

Dr Afanasiev research and teaching interests are in the field of investments, financial and derivatives markets, stochastic finance, risk modelling methods and, artificial intelligence and machine learning with applications in Financial Services. He has more than 20 scientific publications.

CV Dr Andrey Afanasiev (pdf)