Currently, Mihail Turlakov is the head of XVA/CVA desk at Sberbank CIB. Mihail has about 10 years’ experience in financial industry in credit, FX and quantitative trading areas. He has worked on developing new business areas, modelling and trading while at RBS, Deutsche, WestLB and Sberbank. Before moving on to a financial career, Mihail worked as a theoretical physics researcher at the Departments of Physics in Cambridge and Oxford Universities in United Kingdom. He received his Ph.D. in theoretical condensed matter physics from University of Illinois at Urbana-Champaign in United States in 2000.