Alfa-Bank to part company with CEO Johann Jonach

By Andrei Skvarsky.
 
Alfa-Bank chief executive Johann Jonach is going to quit Russia’s largest non-state lender in a month’s time.
 
Jonach, who formerly worked at Raiffeisen Bank International AG, has opted against renewing his contract with Alfa, which expires in October, Vienna-based monthly Trend said, citing the top manager himself.
 
Alfa declined to comment on the report to EmergingMarkets.me.
 
Trend said Jonach would not disclose his planned moves after leaving Alfa, which is owned by Russian billionaire Mikhail Fridman.

 

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