Eduard Potapov was born on August 18, 1978, in Kursk Region. In 2000, he graduated with honors from Moscow University of Consumer Cooperatives with a degree in Financial Management. He is a Certified Chartered Accountant (ACCA).
In 2000-01, he worked at Sberbank as Senior Accountant, and from 2001-05 was with PricewaterhouseCoopers as Senior Audit Consultant. In April 2005, he joined Holding Company Metalloinvest, where he held the position of Deputy CEO for Strategy and M&A in 2007-08.
In 2008-10, he held the position of CFO at Management Company Metalloinvest, where he became CEO in March 2010.