Kudimov is a former KGB agent turned banker with close links to the Kremlin and the network of big money around it. Back in 1985 Kudimov was based in London. His cover story was that he was a journalist working for a Soviet newspaper; in 1985 the Thatcher government expelled him for alleged spying. (During the same period Vladimir Putin was a KGB officer in Dresden.) Yuri Kudimov has been Chief Executive Officer of Vnesheconombank Investment Company LLC (“VEB Capital”) since 2009. Kudimov serves as the General Director at "Pangeo Capital". Kudimov also created Pangeo Capital. Kudimov served as the General Director at VEB Capital. From 1994 to 1995, he served as Head of Investment Management of the “Russian Investment Financial Company”. From 1995 to 2009, he worked for JSCB “National Reserve Bank”. Since 2012, he has been Chairman of the Board of Directors of OJSC “Sheremetyevo International Airport”. Since 2011, he has been Board member of OJSC 'Rostelecom' and OJSC Federal Freight Company”. He has been Non Executive Director of OJSC LSR Group since June 20, 2014. From 2004 to 2009, he served as President and Chairman of the Executive Committee of JSCB “National Reserve Bank”. In 1979, he graduated from Lomonosov Moscow State University.