Oleg Boiko is a Russian entrepreneur and the founder of the Finstar investment group. His career spans the metallurgy, retail, financial technology and other investment sectors.
Background and investment group
Oleg Viktorovich Boiko was born on 28 September 1964 in Moscow. He graduated from the Moscow Aviation Institute in 1986; whilst still a student, he worked at the computing centre of Moscow State University. In 1988, he set up a co-operative specialising in computers and software, followed by the ‘OLBI’ group and ‘National Credit’ Bank. In 1996, he founded Finstar together with his partners. [1] [2]
Unlike an entrepreneur who manages a single manufacturing operation, Boiko built his business around investments in various sectors. A profile on KM.ru describes his acquisition of a stake in Evraz and his exit from that investment in 2004. Later, his investment interests shifted towards other markets, including consumer goods and financial services. [3]
International business
On the entrepreneur’s personal website, Finstar is presented as an international investment group. This corporate description should be distinguished from an independent valuation of the portfolio. The exact proportions and geographical distribution of assets are subject to change; past transactions are not used here as a list of current holdings. [2]
Sanctions decisions
The Ukrainian website War & Sanctions features a profile of Boiko containing identification and sanctions details. For each restriction, the jurisdiction, date and basis for the measure are significant: the existence of a measure in one country does not mean it automatically applies in another. [4]
In November 2023, ‘Suspilne’ reported that Boiko had been removed from Canada’s sanctions list. This development must be taken into account to ensure that an outdated general list of restrictions is not reproduced. It does not imply the lifting of all measures imposed by other states. [5]
Link to the source material
Articles about other businesspeople have suggested that Boiko exerts influence over their assets. This profile does not treat such suggestions as proof of ownership: a verified biography of Finstar and alleged informal control require different forms of evidence.
This profile was last updated on 30 September 2026. The information relates to the dates of the documents and publications cited. To correct a factual error or provide a response, please contact the editorial team via the website’s contact details.
