By Andrei Skvarsky
Alfa-Bank, oligarch Mikhail Fridman’s investment banking group, has denied rumours Gene Movdavsky is stepping down as head of corporate finance.
Insiders said Moldavsky, who joined Alfa-Bank in 2007 after resigning as executive director at Swiss bank UBS, is leaving but Alfa’s international media office told EmergingMarkets.me this was not true.
An employee at Moldavsky’s office said the banker is on leave and is due to be back Aug 9 or 10.
Moldavsky, a graduate of Boston University, and Edward Kaufman, who co-heads Alfa’s corporate investment banking division, both served at UBS before joining Alfa, Kaufman being head of investment banking at the Swiss firm.
