Category Archives: Hires & Fires

Otkritie boosts Investment Banking team

By Marcus Williams Fast-growing Russian brokerage Otkritie has lured Temo Jorbenadze from VTB Capital as head of Investment Banking’s Financing Services Group. Otkritie, which has doubled in size in the last year, also hired Dmitry Perman as a director from the Moscow-based boutique advisory firm Advance Capital. Jorbenadze was a director for investment banking at… Continue Reading

£21bn USS pension fund hires emerging markets team

By Marcus Williams in London The £21bn USS pension scheme in the UK has hired an emerging markets team charged with leading a push into the asset class. The fund, which is the second largest private sector pension fund in the UK, has hired Carmel Peters, Danila Gallarato and Chris Shale to boost its emerging… Continue Reading

Rencap poaches Szalai as head of FIG from Troika Dialog

By Marcus Williams in London Renaissance Capital has poached Zoltai Szalai as managing director and head of the Financial Institutions Group (FIG) from Russian rival Troika Dialog. Szalai will lead equity and debt capital markets as well as mergers and acquisitions advisory for companies in the financial sector across Russia, Eastern Europe, Central Asia and… Continue Reading

Former Uralsib boss Donskikh resurfaces at Sberbank

By Ivan Anderzhanov in Moscow Andrey Donskikh, the former chairman of Uralsib Financial Corporation, has  resurfaced at the state savings bank Sberbank in a senior role. Donskih, who stepped down from his role at Uralsib in November after five years at the group, will come deputy president of the bank. A report in today’s Vedomosti… Continue Reading

Donsikh steps down from the top job at UralSib

By Ivan Anderzhanov in Moscow Andrey Donskikh, chairman of UralSib Financial Corporation,  has stepped down from the bank’s top position. Donskih, who will retain ties in the group on its supervisory board and as chairman of the group’s holding structure, will be replaced by the current deputy chairman of the board Ildar Muslimov, who oversees… Continue Reading

Rencap hires Igor Kamenskoy as chairman of the board

By Ivan Anderzhanov in Moscow Renaissance Capital today announced the appointment of a senior politician Igor Kamenskoy as chairman of the board. A long-serving member of the Federation Council, Russia’s upper house of Parliament, Kamenskoy will oversee Renaissance’s relationships with Russian government agencies and regulators as well as state corporations. Kamenskoy’s appointment will become effective… Continue Reading

Otkritie continues hiring spree

By Ivan Anderzhanov Russian brokerage firm Otkritie has continued its hiring spree by recruiting Alexander Zakharov as director of international sales in Moscow. Zakharov, who was previously deputy head of equities at Metropol, takes on a new role to oversee efforts to work with institutional clients in continental Europe. He had joined Metropol in 2007… Continue Reading

Aganbegyan switches CEO for President post at RenCap / Credit Suisse hires senior investment banker from Merrill

By Ivan Anderzhanov in Moscow. Renaissance Capital’s rainmaker Ruben Aganbegyan has relinquished his role as chief executive of the investment bank after being appointed yesterday as its president. A RenCap spokesman said Aganbegyan appointment was a promotion and would not dilute his position as its key client and government relationship banker. Aganbegyan, who joined the… Continue Reading

Barclays scoop up VTB CFO to lead its Russia business

Jason Corcoran in Moscow British bank Barclays has hired Nikolai Tsekhomsky as chief executive from Russian state bank VTB to head up its global retail and commercial banking business in Russia. Tsekhomsky, who has only just stepped down today from VTB after four years as its chief financial officer, will takeover from Sergey Radchenkov, who… Continue Reading

Alfa Bank merges investment bank with its corporate bank

By Jason Corcoran in Moscow Russia’s Alfa Bank is merging its investment bank with its corporate bank into one division. The new unit will be aimed at increasing Alfa’s ability to sell products ranging from loans to advice on takeovers to its 40,000 plus corporate clients. The move mirrors a decision taken by Citigroup in… Continue Reading

Hires & Fires: Unicredit hires senior sales exec Uebel/ Credit Agricole appoints Matthias Warnig/ RTS adds board member

Italian bank UniCredit has recently hired the experienced Patrick Uebel from Deutsche Bank as a senior international equity sales executive covering clients in Europe, the US and the UK. German-national Uebel had spent less than a year at Deutsche Bank in Moscow in its equity division. He had previously worked at DWS, the German bank’s… Continue Reading

Hires & Fires: Goldman banker surfaces at McKinsey/ Oligarch hires Merrill banker/ Nayak boost Deutsche's structuring team

Igor Livant, a former executive director at Goldman Sachs in Moscow, has surfaced as an associate principal at consultants McKinsey & Company. Livant, who left the American investment bank in February, had been at Goldman’s for three an a half years. He has extensive experience in equity and M&A deals in Russia and the CIS.… Continue Reading

Hires & Fires: Kandel quits Unicredit as Aton ramps up/ Blackrock parts company with Monoviski

By Taras Rybak in London Alexander Kandel, chief executive and head of investment banking at Italy’s UniCredit Securities in Moscow, is leaving the group just as it is engaged in a battle with Russian bank Aton for its staff. UniCredit said Kandel was leaving shortly for “personal reasons”  to take some time out and would… Continue Reading

Hires n Fires: HSBC names Sekora head of personal services/ Former RIM executive joins Fink fund

British banking giant HSBC has named Johan Sekora as head of personal financial services ahead of its formal launch into retail banking in Russia next Tuesday. Sekora will be responsible for launching, rolling out and managing the bank’s Russian retail operations. Sekora, who will be based in the bank’s Moscow headquarters, has been with HSBC… Continue Reading

Renaissance Capital is axing its annual investment forum / Senior executives are leaving Troika Dialog

Russian investment bank Renaissance Capital is axing its annual investment forum showcase in Moscow following a turbulent nine months when it has been forced to cut 50% of its staff and sell half of the company to billionaire oligarch Mikhail Prokhorov. The three-day forum has in the past attracted thousands of investors and fund managers… Continue Reading

Hires/Fires: Nomura boosts Russian research effort/ VTB Capital carry on hiring

Japanese investment bank Nomura has boosted its Russian research effort with the appointment of Ivan Tchakarov as an economist and Vladimir Zhukov as an equity analyst. Tchakarov, a Russian economist, is to be based in London while Zhukov will cover steel and raw materials from Nomura’s Moscow base. Zhukov had previously worked at Lehman Brothers… Continue Reading

VTB Capital hires equity sales gunslinger Capone/ ING's Wood hits the road

Exclusive: Hires/Fires Russian investment bank VTB Capital has recruited sales gunslinger Michael Capone from  Goldman Sachs in Moscow for its own growing equity sales team. The VTB press office declined to comment whether the recruitment of Capone represented an end to its hiring freeze. American Capone, an executive director at Goldman Sachs in Russia, joined… Continue Reading

Troika Dialog taps Nazarov from Credit Suisse for IB

Alexander Nazarov has defected to Troika Dialog from Credit Suisse, where he worked as director of the investment banking. Nazarov will join Troika as managing director in investment banking and will report to Jacques Der Megreditchian, Managing Director, Head of Investment Banking and Global Markets at the Troika Dialog Group. Prior to Credit Suisse, Mr.… Continue Reading