Mrs. Semenova, principle consultant and founder of Global FinQulaity, is a banking and investment professional with almost 20 years’ experience in emerging market financial sector development, most notably in Eastern/South Europe, Caucasus, Central Asia and West Africa; with expertise in risk management, project finance, institutional assessment, retail banking, microfinance, SME banking, financial product development, and strategic marketing.
She started her career at ProCredit Bank Ukraine, where she worked in different managerial positions from 2002 to 2006 and gained valuable experience in microfinance, SME lending, and retail business. Mrs. Semenova participated in the institutional transformation process from a credit-only institution to a fully-fledged bank, as Head of the Retail Business Unit, with responsibility for the new business line introduction in the 2nd largest city of Ukraine (Kharkiv).
After obtaining an MS degree in International Management from Radboud University (The Netherlands) in 2009, Mrs. Semenova continued her career as an international consultant (financial services) and accumulated 10 years work experience in the field of international consulting in emerging markets. She worked for various international consulting companies, such as Frankfurt School of Finance & Management, GOPA Consultants, BF Consulting, Enclude (former Triodos Facet)), IFC, and implemented consultancy projects on behalf of EBRD, IFC, KfW, GIZ, EFSE, ADA, Mercy Corps and Finca International. Among her projects, she guided 3 financial institutions – major market players in Central Asia – with the introduction of non-credit operations to diversify their services and increase market competitiveness. She also developed and delivered various trainings for employees at all levels, including trainings of trainers [for example, she developed trainers’ guide and conducted a five-day training of trainers (ToT) session on savings mobilization for 20 CEOs of MFIs and rural banks in Ghana].
In 2015 Mrs. Semenova provided support to management and Board of Directors of a global fund administrator – Circle Partners (The Netherlands) with identification, development, and implementation of potential growth opportunities. Later, she worked for Oikocredit International – a global social investor, where she managed an investment portfolio of 12 MFIs and Banks in the Caucasus region (Georgia, Armenia and Azerbaijan) amounting to €30 billion EUR, during the challenging environment of 2015 and 2016.
In 2017, Mrs. Semenova founded Global FinQuality – a consulting company based in the Netherlands that offers a range of consulting services to banks and microfinance institutions (MFIs) in emerging markets around the globe and specialized in Risk Management, Retail Banking, SME Banking, Microfinance and Strategic Marketing. The same year she became PRMIA’s (Professional Risk Managers’ International Association) certified independent institutional assessor and in the period of 2017 – 2019, she served as Deputy Chairperson of the PRMIA’s member-led working group that was formed to discuss and work on operational risk in Microfinance.
Since 2017, Mrs. Semenova has conducted numerous risk management assessments and created strategic development plans for financial institutions. She is also a Certified Expert in Risk Management by the Frankfurt School of Finance & Management (Germany).
Her native languages are Russian and Ukrainian, while being fluent in English and Dutch, with beginner German.
Mrs. Semenova holds a MS degree in International Management from Radboud University and a post BS degree in Credit and Finance from Karazin Kharkiv National University. She possesses diverse technical expertise, knowledge of international best practices, understanding of cultural differences, on-the-ground knowledge and local expertise, and a wide variety of work experience in various financial institutions. Mrs. Semenova executes various projects herself or in cooperation with other senior consultants who have been working in the finance development industry since many years, having extensive experience in the services offered. The consultants’ profiles are not revealed here, but will be immediately present to you as soon as appropriate.