By Andrei Skvarsky. Russia’s biggest lender Sberbank is planning an addition to its global network by establishing an investment subsidiary for the Middle East, to practise both conventional and Islamic investment banking, and expects to open it by the end of 2020. Regulators in Russia and the United Arab Emirates have given the go-ahead to… Continue Reading
Category Archives: Hires & Fires
Sberbank hires S7 airline ex-deputy CEO to oversee IT in subsidiaries, affiliates
By Andrei Skvarsky. Russia’s biggest lender Sberbank has hired Pavel Voronin, a former information technology chief of the country’s second-largest airline S7, as chief information officer (CIO) for the bank’s subsidiaries and affiliates. Voronin will report to Sberbank chief technology officer David Rafalovsky and interact with the CIO of the Sberbank ecosystem, Oksana Smirnova-Krell, the… Continue Reading
African Development Bank gives Akinwumi Adesina 2nd 5-year term as president
By Andrei Skvarsky. The African Development Bank (AfDB) has re-elected Akinwuma Adesina for a second five-year term as president of the bank. Adesina, who is a former Nigerian agriculture minister, was re-elected during the AfDB’s 2020 annual meeting late in August. He received a unanimous vote from the 54 African and 27 non-African member countries… Continue Reading
Sberbank to set up company to develop driverless cars
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, is planning to convert one of its divisions into a subsidiary with the name Sber Automotive Technologies (SberAutoTech) to develop self-driving cars and digital automotive services. SberAutoTech’s first few driverless vehicles are planned to roll off the production line late in 2020 or early in 2021, Sberbank said… Continue Reading
Sberbank names Kirill Tsarev as deputy head of retail, elevates him to SVP
Sberbank, Russia’s largest bank, has announced it has appointed its vice-president Kirill Tsarev as deputy head of its retail business with the title of senior vice-president. Tsarev joined Sberbank in 2011. Since then he has worked at Sberbank Leasing, a subsidiary for the leasing of motor vehicles and other equipment, first being deputy CEO and… Continue Reading
Renaissance Capital re-hires Alexey Bulgakov as head of fixed income research
Investment bank Renaissance Capital has re-hired one of its former analysts, Alexey Bulgakov, as head of fixed income research. Bulgakov, who had worked in RenCap’s fixed income research department before and had left the bank in 2008, will be based in Moscow and oversee fixed income coverage for Russia and the Commonwealth of Independent States… Continue Reading
Sberbank hires Tatyana Dobrokhvalova as head of advertising and media
Sberbank, Russia’s biggest lender, has announced it has hired Tatyana Dobrokhvalova, formerly a senior executive in a media company in the Gazprom group and a top figure in the Sochi 2014 Olympics organising committee, as head of advertising and media. Dobrokhvalova joined Sberbank from Gazprom-Media, a firm where she had been deputy CEO. Gazprom-Media is… Continue Reading
Renaissance Capital hires Maria Radchenko as chief fixed income analyst
Investment bank Renaissance Capital has hired Maria Radchenko from Moscow-headquartered investment company BCS Global Markets as head of fixed income analysis. Radchenko has joined RenCap’s distribution team for Russia and the Commonwealth of Independent States (CIS) and is based in Moscow, according to a RenCap statement. She reports to Grigory Sedov, global head of private… Continue Reading
BCS GM hires oil and gas analyst Ronald Smith from Citi
By Andrei Skvarsky. BCS Global Markets (BCS GM), the investment banking arm of Russia’s BCS Financial Group, has hired Ronald Smith from Citibank as senior oil and gas analyst. Smith will be based in Moscow, BCS GM said in a statement. He will report to the investment bank’s head of research, Kirill Chuyko. At Citibank,… Continue Reading
Standard Chartered appoints CFO for Africa and Mideast
Standard Chartered on June 8 announced the appointment of Subhradeep Mohanty, previously the bank’s chief financial officer (CFO) for India, as CFO for Africa and the Middle East (AME). Before joining Standard Chartered in 2014, Mohanty held Singapore- and Hong Kong-based CFO roles at J.P. Morgan, positions at American Express and a job at one… Continue Reading
Russia’s Sberbank confirms Anna Loevskaya as head of Digital Corporate Bank
By Andrei Skvarsky. Anna Loevskaya has been confirmed as director of the Digital Corporate Bank division of Russia’s biggest lender Sberbank after being caretaker head of the unit since the end of 2019. Loevskaya replaces Yevgeny Kolbin, who was discharged as Digital Corporate Bank director late last year due to being appointed CEO of SberCloud,… Continue Reading
Drake Star Partners CEO to oversee company selection for investment portfolio of Da Vinci’s Emerging Technologies Fund III
Emerging markets fund manager Da Vinci Capital has hired Gregory Bedrosian, co-founder of four investment firms, to head the evaluation committee for companies being considered for inclusion in the portfolio of the firm’s Emerging Technologies Fund III. Da Vinci expects to launch the fund, a vehicle for investment in technology companies across Eurasia, late in 2020… Continue Reading
Sberbank hires Sofia Ivanova from Kalashnikov gunmaker as press service chief
Sberbank has hired Sofia Ivanova from Kalashnikov Group, maker of the famous assault rifle, as head of the largest Russian lender’s press service. Ivanova was head of marketing and public relations at Kalashnikov. During her three years’ work at the weapons firm, “the world-known and legendary product had its image changed radically” and a media… Continue Reading
Sberbank PR chief Anna Kozlovskaya quitting
By Andrei Skvarsky. Sberbank has announced that Anna Kozlovskaya, its head of public relations, is leaving Russia’s biggest lender seven months after joining it. Kozlovskaya, who came to Sberbank in October 2019 from Mastercard, has overseen the bank’s press service and the communications and media relations of its ecosystem, which consists of more than 40… Continue Reading
Renaissance Capital makes five hires for distribution team
By Andrei Skvarsky. Renaissance Capital, an investment bank with operations in emerging and frontier markets across the globe, has made five hires for its distribution team to fill roles such as oversight of structured products and the high-net-worth individual (HNWI) clientele. RenCap quoted one of its senior managers as saying that, despite the Covid-19 pandemic,… Continue Reading
Sberbank hires ex-CEO of key Russian insurer to run insurance subsidiary
By Andrei Skvarsky. Sberbank said it has hired Mikhail Volkov from Russian insurance company Ingosstrakh as CEO of its subsidiary Sberbank Insurance to replace Dmitry Popov, who is going over to Ingosstrakh. Volkov had been CEO of Ingosstrakh, which is one of Russia’s largest insurers, since April 2014 and since November 2019 combined this role… Continue Reading
Sberbank hires Viktor Shkipin, ex-manager at Alfa-Bank, VTB to run marketing, communications
By Andrei Skvarsky. Sberbank, Russia’s largest bank, has hired Viktor Shkipin, a former head of marketing at Russian lenders Alfa-Bank and VTB, as senior vice-president and head of marketing and communications. Shkipin’s duties will include oversight of Sberbank group companies specialising in advertising and media projects in addition to managing marketing and communications at the… Continue Reading
Russia’s Sberbank parting company with marketing chief Marina Zhigalova-Ozkan
By Andrei Skvarsky. Marina Zhigalova-Ozkan, senior vice-president of Russia’s biggest lender Sberbank and head of its marketing and communications department, is leaving the bank nine months after joining it. “In these difficult times I’ve made up my mind to focus on developing my own business,” a Sberbank statement quoted Zhigalova-Ozkan as saying. Zhigalova-Ozkan has overseen… Continue Reading
Dubai’s Mashreq hires ex-HSBC banker Joel Van Dusen as head of corporate & investment banking
By Andrei Skvarsky. Mashreq has hired former HSBC and Bank of America banker Joel Van Dusen as head of corporate and investment banking, according to a statement from the Dubai-based lender. At HSBC, where he worked from 2013 to 2016, Van Dusen was the first global head of large corporates, which was a London-based position.… Continue Reading
African Development Bank parting company with senior vice-president Charles Boamah
By Andrei Skvarsky. Charles Boamah is stepping down as senior vice-president of the African Development Bank, according to a statement from the lender. Boamah has spent 23 years at the development bank, having held the positions of director of accounting, controller and chief financial officer (combining the latter post with that of vice-president), before being… Continue Reading
Sberbank reports three senior appointments, one stepdown
By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has made two hires to run its business in the health sector, appointed one of its staff members as head of government relations (GR), and is parting company with the head of an investment subsidiary. Both newcomers come from the Russian government. Olga Golodets, a former deputy prime… Continue Reading
Guernsey Finance looking for CEO as Dominic Wheatley planning to quit
Guernsey Finance, a company acting as a promotional agency for Guernsey’s finance industry, is looking for candidates for the position of chief executive as incumbent Dominic Wheatley is quitting at the end of June 2020. The application deadline is 5pm on January 24. Applicants should submit a CV and covering letter to Guernsey Finance chairman… Continue Reading
Francois Du Toit rejoins RenCap as insurance, real estate analyst in Africa team
By Andrei Skvarsky. Russian investment bank Renaissance Capital has re-hired its ex-analyst Francois Du Toit, appointing him as an insurance and real estate analyst in its Africa team. Du Toit will be based in Cape Town and cover insurance stocks across RenCap’s African markets and real estate stocks in South Africa, the bank, which focuses… Continue Reading
Sberbank replaces CEO of subsidiary running cloud platform for ecosystem
By Andrei Skvarsky. Sberbank has appointed one of its senior managers, Yevgeny Kolbin, as CEO of SberCloud, a subsidiary running a cloud platform for the ecosystem of Russia’s biggest lender. In his new role, Kolbin, who until now has headed Sberbank’s Digital Corporate Bank division, replaces Mikhail Lobotsky, who will stay on in SberCloud as… Continue Reading
Russia’s Sberbank carries through senior staff moves
By Andrei Skvarsky. Sberbank has parted company with Andrei Sharov, its head of government relations, moved head of marketing Vladislav (Vlad) Kreinin to the position of chief growth officer in the unit overseeing the bank’s ecosystem, and promoted senior executive Natalya Dudina to the role of head of human resources. Sberbank has credited Sharov with… Continue Reading
RenCap hires Grigory Sedov as global head of private clients
By Andrei Skvarsky. Investment bank Renaissance Capital has hired Grigory Sedov as global head of private clients. As his previous role, Sedov was partner and deputy CEO of Russian investment firm Aton, which focuses on services for wealthy individuals. Sedov will be in charge of expanding RenCap’s range of services for private clients across the… Continue Reading
CORRECTION- Renaissance Capital makes senior hire for Nigeria investment banking team
(Correcting the job description of the newcomer, who is not head of the investment banking service). By Andrei Skvarsky. Moscow-based investment bank Renaissance Capital has hired Oladipupo Adekanmbi, previously an adviser at Nigeria’s FBNQuest Merchant Bank, as vice-president, investment banking, Nigeria. A statement from RenCap, a bank focusing on emerging and frontier markets across the… Continue Reading
Sberbank’s Kazakhstan subsidiary to replace CEO
By Andrei Skvarsky. Sberbank JSC, the Kazakh subsidiary of Russia’s largest lender Sberbank, is due to replace its CEO early next month as incumbent Alexander Kamalov is moving to another role in the Sberbank group and his first deputy, Yeldar Tenizbayev, will take up the reins. Tenizbayev is scheduled to take his new position on… Continue Reading
Sberbank’s intl business to be overseen by Denizbank ex-senior exec Timur Kozintsev
By Andrei Skvarsky. Sberbank International will have a new chief executive as from the start of 2020 with Timur Kozintsev, a former senior figure at Turkey’s Denizbank, replacing Igor Kolomeysky at the helm of the international business division of Sberbank, Russia’s biggest lender. Kozintsev was hired by Sberbank in 2013 and, as its director for… Continue Reading