 Kuzmichev owns over 18 percent of the consortium’s joint assets and is a member of the board of directors of Alfa Finance Holdings.The Group’s major transactions include TNK oil company privatization, which later became a part of TNK-BP venture, Russia’s third-largest oil producer.In March 2013 Alfa Group and its joint partners AAR Consortium sold 50 percent of TNK-BP to Russian oil company Rosneft.