Oleg Teplov


VEB Ventures


  • The Chief Executive Officer of VEB Ventures, a subsidiary of VEB.RF Group, a Russian economist, banker, and financier.
  • One of the creators of the National Technology Initiative (NTI) state program.
  • Has been working in the finance industry and public sector for about 20 years, specializing in technological development of the Russian economy.
  • Before joining VEB Ventures, Oleg held the position of referent at the Expert Directorate with the President of the RF, where he was involved in the development and implementation of the NTI and drafting the Digital Economy of Russia state program.
  • As a referent at the directorate, created the system of NTI governance and expansion and developed the National Ranking of Investment Climate in the Constituent Territories of the RF.
  • Lead the Strategic Planning Unit of the Economy and Finance Department at the Executive Office of the Government of Russia, as well as the Strategic Planning Department at the Ministry of Economic Development, where he coordinated the activities of the Strategic Initiatives Agency, Industrial Development Fund, Roseximbank, MSP Bank, and Russian Direct Investment Fund. He also held executive positions in major Russian banks and the global “Big Four” auditing firms.
  • At present, VEB Ventures under Oleg Teplov’s management makes high-risk direct investments in technology-related projects, creates venture funds jointly with major Russian corporations and global partners.