In terms of commercial roles, Petr Aven was made Member of the Board of Directors of aviation factory Aviakor in 1998, and Chairman of the Board of Directors of both Alfa subsidiary Alfa-TV and CTC Media. The latter is Russia’s leading independent broadcasting company, and operates the popular national channel STS.
In 2007, Petr Aven was elected head of the Russian–Latvian Business Council. Under his stewardship, relations between the two nations improved. The third session of the Russian–Latvian Intergovernmental Commission on Economic, Scientific, Technological, Humanitarian and Cultural Cooperation was noted as a particular success, and saw motions put forward in a number of key areas, including technical support for repairs to aviation equipment, a double taxation agreement, and cooperation in telecoms between Latvia’s Lattelecom and Russian operator Sinterra. Aven described Latvia as “attractive to Russian investors” after the session.
He is a Member of the Board of the Russian Union of Industrialists and Entrepreneurs, the Presidium of the Russian International Affairs Council (RIAC), and the Council of the National Organization for Financial Reporting Standards.
He is a trustee of the New Economic School and the Centre for Economic Policy Research (CEPR) in the UK, and a member of both the Russian Football Union (RFU) Executive Committee and the Board of Trustees of the Pushkin State Museum of Fine Arts. He is also on the council of trustees of the Russian Olympians Foundation, and the President’s Council on International Activities at Yale University