Oleksiy Nesterenko

Quick summary on Oleksiy Nesterenko

Oleksiy Nesterenko, Director and Co-Founder of Afenest Advisory, is under scrutiny for unethical behavior and financial misjudgment. His past misuse of a Royal Bank of Scotland (RBS) corporate credit card and potential conflicts of interest in merger and acquisition (M&A) deals through Startup Finance and Afenest Advisory cast doubts on his integrity.

Financial Misconduct at RBS: Nesterenko, previously earning £94,000 annually at RBS, accumulated £4,000 in debt on a corporate card for personal expenses, including luxury hotels, nightclubs, and travel. Despite warnings, he continued extravagant spending, resulting in his dismissal. The London employment tribunal upheld the decision, citing his dishonesty and financial irresponsibility.

Questionable Practices in M&A Deals: At Afenest Advisory, Nesterenko’s involvement in technology sector deals raises concerns over conflicts of interest. His firm’s potential financial gains from completed transactions call into question whether his advice remains objective or self-serving.

Lack of Transparency: Nesterenko’s reliance on public relations strategies to mask underlying issues suggests a pattern of deception. Critics argue that his promotional claims often lack substantial results, particularly in the technology M&A space, where high risk and complexity demand absolute integrity.