Emerging Markets, Emerging Russia, Emerging Views

By Andrei Skvarsky
HSBC has appointed Huseyin Ozkaya as chief executive of its Russian subsidiary, moving him from his current job as head of global banking at the British bank’s Turkish entity.
Ozkaya replaces Stuart Lawson, a veteran of Russian banking whose abrupt departure from Europe’s largest bank in June suggested the withdrawal [...]

By Ivan Anderzhanov.
US bank Citigroup has been hit by another senior Russian departure following Igor Chernomorskiy’s exit to rival JP Morgan.
Chernomorskiy was a vice president for emerging market sales in the CEEMEA region. He has been at the bank for over four years and previously worked in sales at UralSib and Troika Dialog.
Citigroup was rocked last month when Renaissance Capital hired three sales traders [...]

By Andrei Skvarsky.
Sberbank has hired Yury Rovensky from Mikhail Prokhorov’s Onexim Group to run the largest Russian bank’s public relations department.
The position of PR chief at the state-controlled lender, one of the jobs carrying the title of vice president, had remained vacant for about a year before it was given to Rovensky, who quit as general director of Russian [...]

By Andrei Skvarsky.
Will Hammond,  global equity sales head Troika Dialog, has parted company with the Moscow brokerage a little over three months after joining.
Hammond’s appointment to the job in April was one of Troika’s big signings since it sold a third of the company to South Africa’s Standard Bank
Previously [...]

 
By Andrei Skvarsky.
Russia’s MDM Bank slashed its executive board by one-third last week in a restructuring proposed by the firm’s new chief executive, Sergei Timofeyev.
All the 10 members of the new board, including Timofeyev, are to serve under five-year contracts as part of the managerial reform, praised by MDM chairman Oleg Vyugin as purportedly a [...]