By Andrei Skvarsky.
Allianz’s fund management joint venture in Moscow has parted company with its CEO Oleg Mazurov.
Allianz ROSNO Asset Management runs eight mutual funds. The assets entrusted to the Munich-based global insurer’s Russian venture have swelled to 25.29bn rubles ($830m) since Mazurov became its CEO five years ago, according to a statement by the Moscow firm, which said its development strategy would remain unchanged.
Mazurov will be provisionally replaced from today by Dmitry Vasyutinsky, the firm’s head of alternative investments.
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