By Andrei Skvarsky
Vladimir Tatarchuk will most likely be approved as one of the half-dozen deputy chief executives of VTB on June 19 after leaving Alfa Bank, where he was deputy chief executive and co-head of investment and corporate banking, Interfax said.
Interfax did not say what Tatarchuk would specialise in at state-controlled VTB, which has boosted its personnel quickly after initially poaching more than 100 employees from Deutsche Bank in Russia. VTB bosses have spoken about increasing the headcount by 40% this year by focussing on senior hires.
Tatarchuk’s departure from Alfa leaves Ed Kaufman in sole control of the investment banking and corporate banking arms of Russia’s largest private banking institution. The two divisions were merged last year as a part of “revenue opportunity” rather than “a cost issue”, Kaufman told EmergingMarkets.me.
