Valery Kargin

Valery Kargin (born March 27, 1961) is currently the president of Parex Banka, and has been since 1992. Kargin is from Latvia, and is now 47 years old [http://www.forbes.com/global/2000/1002/0319032a_2.html Survival Of The Fittest - Forbes.com ] ] . He and Viktor Krasovitsky have accumulated over 200 million dollars together. Kargin is notable in Latvia because he is currently the richest man in Latvia. Kargin created the first travel agency, and he created the first currency exchange corporation in the Soviet Union.

Biography

Kargin was born on March 27, 1961. In 1983, he finished the faculty of journalism at the University of Latvia. Then, from 1983 to 1991, he opened one of the first travel agencies in the Soviet Union, in the Latvian Soviet Socialist Republic (Latvian SSR). Then, between 1988 and 1992, he became the director of Parex corporation, which is a travel agency and currency exchange. In 1991, he became the first to create a currency exchange corporation in the Union of Soviet Socialist Republics (USSR). The following year, he became the president of Parex Bank. Since 1998, he has been the president and the chairman of Parex Bank.

General References

* [http://www.businessweek.com/ Business Week Magazine Online]

Specific References

External links

* [http://www.parexgroup.com/en/ Parex Group Online]