Mr. Balashnikov has been involved in the civil service since early 1990s for nearly 20 years holding top executive positions within the government and Parliament, including Director General of the Knesset, Director General the President's house, Director General of the Ministry of Communications, Director General of the Office of the State Comptroller.

Mr. Balashnikov joined the private sector in 2009 as Chairman of the Board of the Ronald Lauder Center for Employment in the Negev, Chairman of JCS - Jerusalem Capital Studios Group and Chairman of the Board of Channel 10.

Mr. Balashnikov holds a B.A in Political Science.