Alexei Chekunkov was appointed Chief Executive Officer of the Far East and Baikal Region Development Fund by the Supervisory Board of Vnesheconombank, chaired by the Prime Minister of Russia, in September 2014. He is also a member of the State Commission for the Development of the Far East and Baikal Region. From 2011 to 2013 he served as a Director and Member of the Management Board and Investment Committee at the Russian Direct Investment Fund, where he was responsible for investments in the healthcare, energy and natural resources sectors, and for establishing the $2 billion Russia–China Investment Fund with the China Investment Corporation. From 2001 to 2011 he worked in the private equity sector in Russia, managing investments for international and Russian sponsors across a broad range of sectors. He graduated in International Economics from Moscow State Institute of International Relations.