Main menu

President of the Association


Dr Victor Dostov

Dr. Viktor Dostov is a President of the Russian Electronic Money and Remittance Association, the industrial body representing major e-payments and fund transfer companies in Russia. As one of the leading experts in Russian retail payments sector, Dr. Dostov is heading REMA since its inception.

Viktor’s background includes the position of the Managing partner and one of the founders of the PayCash Group – company that developed successful projects later known as Yandex.Money, iDealer, Beeline Mobile Commerce, Mobi.Dengi and others. In 2013 and 2016 Dr. Dostov worked as the Head of Financial Innovations Division at the Russian Presidential Academy of National Economy and Public Administration (RANEPA) and has a work experience in the telecom industry.

Dr. Dostov participates in the workings of core national consultative and expert bodies on retail finance, including Presidium of the Consultative Council on AML/CFT with the Russian Financial Intelligence Unit, Expert Council on non-bank financial institutions in the Committee on financial market at Russian Parliament. Since 2013 he contributes to the workings of the Expert Council attached to the Government of Russia as well. In 2014, Dr. Dostov was appointed a head of the AML/Identification Taskforce under the aegis of the Russian Central Bank Working Group. Since 2015 - is a deputy head of the "Internet + Finance" Taskforce on the use of information and telecommunication Internet network in the domestic economy in the formation of its new technological basis and in the social sphere.

Dr. Dostov is a member of the Supervisory Board of the National Payment Council and chairs the Committee on Electronic Money and Mobile Payments of the ‘National Payment Council’ Association.

As a part of his international work and commitment to the innovative financial inclusion as well as implementation of global AML/CFT standards Dr. Dostov contributes to the projects by CGAP, FATF, Eurasian Group and others. He also represents Russia at the AFI Digital Financial Services Workgroup.

Viktor is a frequent speaker at international events on electronic money, retail payments and financial inclusion. He is a columnist and the author of numerous publications on regulation, management and future of payment industry. Dr. Dostov is also a region correspondent for the Financial Regulation International (Informa) and a member of expert board for the Settlements and Transactions in a Commercial Bank Journal. He teaches at the International Banking Institute (Saint-Petersburg).