In 1999, Mr. Safonov graduated from the Moscow Technical University of Communications and Informatics. He started his professional career in 1995 in MultiCard Ltd., one of the leading Russian companies, as an expert. After three years, he was appointed Deputy Chief of the Service Unit. He worked for Most-Bank and Master-Bank JSC. In 2008 – 2010, Mr. Safonov held the position of First Deputy Chairman of the Board, Head of Retail with CB Expobank. From 2010 to early 2013, he was First Deputy Chairman of the Board, Head of the Corporate Unit with Promtorgbank (later renamed “Svyaznoy Bank”).  In March 2013, he joined the M2M Private Bank team.