Since August 2003 – Appointed President of Gazfond, Russia's largest non-state pension fund.
July 2003 to August 2003 – First Vice-President of the non-state pension fund Gazfond in Moscow.
February1997 to July 2003 – Commercial Project Coordinator at Siemens Ltd.; Deputy Sales Director of the Department of Medical Solutions, Siemens Ltd. in Moscow.
October 1993 to October 1995 – Chief Specialist in the Department of Foreign Trade Relations, Foreign Economic Relations Directorate, External Relations Committee of St. Petersburg's City Hall.
Yury Shamalov was born in Leningrad on June 10, 1970. He graduated from the Lenin Higher Naval School for Engineering in 1992 and in 1996 received a degree from the All-Russian Academy of Foreign Trade under Russia's Ministry of Foreign Economic Relations.