Category Archives: Hires & Fires

RenCap hires banker from Merrill for Turkey sales

Russia’s Renaissance Capital has hired Ozlem Turgay from Merrill Lynch as an equity salesperson for its Istanbul office. {{{?}}} Turgay will report to Benjamin Samuels, global head of equities at RenCap, and to Burak Akbulut, head of execution for Turkey, the Moscow-based investment bank said in a statement. Turgay has held Istanbul- and New York-based… Continue Reading

RenCap appoints global co-heads of investment banking

By Andrei Skvarsky. Russia’s Renaissance Capital has announced two senior promotions, appointing two bankers as global co-heads of investment banking. One of the appointees is Alexander Merzlenko, who has been president of Renaissance Capital Russia since December 2012 and will combine this position with his new job. The other is Ron Golan, who joined RenCap… Continue Reading

RenCap chief resigns, ex-Merrill banker comes in to run global equities

By Andrei Skvarsky. Russia’s Renaissance Capital has parted company with its chairman and co-chief executive John Hyman, who has overseen the Moscow-based investment bank’s transition from being a money-losing to a profitable business. {{{?}}} Simultaneously, RenCap, which is part of billionaire Mikhail Prokhorov’s Onexim Group, hired ex-Merrill Lynch banker Benjamin Samuels as head of global… Continue Reading

Sberbank gives ex-Renaissance Group banker senior job at HNWI unit

Sberbank has hired Rudolf Scherrer from Russia’s Renaissance Group as deputy head of private banking. Scherrer who took up his job in the high-net-worth individuals division of Russia’s largest lender on September 27, Sberbank said in a statement. Previously he spent 12 years in a series of Switzerland- and Russia-based positions at Credit Suisse before… Continue Reading

Sberbank’s investment arm hires bankers from UBS, Merrill

Sberbank CIB, the investment arm of Russia’s biggest lender Sberbank, has made two appointments in its global markets department, hiring Nicholas (Nick) Harwood from UBS as head of equity and Sascha Prinz from Bank of America Merrill Lynch as head of rates in the fixed income, currencies and commodities unit. Harwood held London- and Johannesburg-based… Continue Reading

EBRD appoints new Head of Yerevan office

The European Bank for Reconstruction and Development (EBRD) has appointed Mark Davis as the new head of the Yerevan Resident Office. Davis is replacing Valeriu Razlog, who has been appointed as Senior Banker in the Natural Resources team at the EBRD’s headquarters in London. Prior to taking up the position at the EBRD, Davis was… Continue Reading

Moscow Exchange makes six senior hires

By Andrei Skvarsky. Moscow Exchange has announced six hires for top roles in its risk management, primary markets, investor relations and IT services. Luis Vicente was appointed as head of risk and clearing at the National Clearing Centre, which is part of Moscow Exchange, the bourse said in a statement. His 16 years of risk management experience include… Continue Reading

New Appointments for Otkritie Bank’s Management

Otkritie Bank has appointed Chairman of the Managing Board, following the approval by the Bank’s Board of Directors and the Bank of Russia. In his new capacity, Evgeny Dankevich will be in charge of the Bank’s strategic development and general management. Evgeny will resign as Otkritie Bank’s President and Board of Directors Chairman, while remaining on Otkritie… Continue Reading

Prudential Real Estate Investors Announces Eric Adler

Prudential Real Estate Investors announced Eric Adler as chief executive officer of the company. Adler, currently the company’s chief investment officer, joined the company in 2010 as head of its European operations. He was promoted to chief investment officer in January 2013 to oversee the company’s global investment and risk management processes as part of the company’s… Continue Reading

Sberbank CIB employs ex-govt official to run infrastructure finance

By Andrei Skvarsky. Sberbank, Russia’s biggest lender, has hired Konstantin Pesotsky from the Moscow city government as head of infrastructure finance at its investment arm, Sberbank CIB. Pesotsky was deputy head of the city government’s property department in his previous position. He held a series of jobs in the investment industry, including roles at Goldman… Continue Reading

VTB Capital’s appoints an Independent Non-Executive Director to the Supervisory Board of Nova Ljubljanska Banka

Miha Košak, Central & Eastern European (CEE) Coverage Banker at Global Banking Department at VTB Capital, has been appointed as an Independent Non-Executive Director to the Supervisory Board of Nova Ljubljanska Banka (NLB), Slovenia’s leading bank. The four year appointment was confirmed at NLB’s annual general meeting of shareholders. NLB Group is the largest Slovenian… Continue Reading

CBRE Global Investors names head of value-add investments for EMEA

CBRE Global Investors named Jean Lamothe as head of value-add investments in Europe, the Middle East and Africa. Lamothe’s role will be to provide clients with a new range of investment opportunities across Europe. Lamothe, who has been with CBRE Global Investors since 2010, will continue to be based in London. CBRE Global Investors named Michael Ness as head… Continue Reading

Baring Asset Management makes senior appointments at it's Emerging markets team

Baring Asset Management appointed Staffan Lindfeldt as head of Global Emerging Market Equities, and will be responsible for leading and managing the Global Emerging Market (GEMs) Equities Team.  Joining from Handelsbanken Asset Management in Stockholm where he has been chief portfolio manager for Global Emerging Markets since 2006, Lindfeldt will be the lead investment manager on several of… Continue Reading

Standard Charteted hires equity research analyst

Standard Chartered has named Zhang Su as equity research analyst, emerging companies. He is based in Hong Kong and reports jointly to Jeremy Sutch, head of emerging companies research, and Erwin Sanft, head of Hong Kong/China equity research. In this role, he will be responsible for covering emerging companies in China and Hong Kong. His… Continue Reading

PineBridge Investments appoints Chief Investment Officer

PineBridge Investments announced an appointment of new chief investment officer. Wael Aburida will lead the company’s MENA Private Equity and Real Estate Team covering the Middle East, North Africa and Turkey, with responsibility for deal origination, negotiations, execution, portfolio management, and exits. Aburida joins from UAE-based Waha Capital where he was director of Mergers & Acquisitions, and was… Continue Reading

Renaissance Capital strengthens South Africa research team with new hires.

Renaissance Capital has boosted its South Africa equity research team with the appointment of Zaheer Joosub as Vice President, covering the South African retail sector; and Ahmed Motara as Vice-President, covering the property sector. Joosub joins Renaissance from Citigroup, where he has worked as an equity analyst for the past nine years. He was ranked in the top-five… Continue Reading

VTB Capital announces new appointments in Asia

VTB Capital announced new senior appointments to its Hong Kong office, as part of its expansion strategy in the Asia-Pacific region. Xin Lin has been appointed as VTB Capital’s Head of Multiproduct Sales for China, where she will be responsible for Sales & Origination and Fixed Income across Chinese corporate, investor and financial institutional clients.… Continue Reading

Barclays names Head of AsiaPac Equities

Barclays has named Nick Wright as head for equities in Asia Pacific. He succeeds Mike Di Iorio, who is to relocate to London. Wright had joined Barclays in October 2011 as head of global markets for Japan, and previously worked at Credit Suisse AG and Morgan Stanley. Continue Reading

Marsh appoints head of business development for MENA region

Marsh has appointed Neil Irwin to lead the firm’s business development across its Middle East and North Africa region. He will be based in Dubai and joins the region’s executive committee, reporting to Robert Makhoul, chief executive officer, Marsh MENA. After joining 1991, Irwin has held a variety of strategic business development, consulting and senior management positions within… Continue Reading

Cantor Fitzgerald expands its credit fixed income team

Cantor Fitzgerald announced the expansion of its credit fixed income team with key appointments of several seasoned professionals, who are all joining Cantor Fitzgerald from Gleacher & Company. These individuals will focus on high yield and investment grade sales and trading, and building out the firm’s credit platform. The team will report to Adam Vengrow and David Pichler,… Continue Reading

BGC Partners Appoints Jean-Jack Badet

BGC Partners announced the appointment of Jean-Jack Badet as general manager of its business in Switzerland. Based in Nyon, Badet will be responsible for all of BGC’s financial products business in Switzerland and helping drive business growth in Switzerland. Badet has more than 30 years’ experience in the financial services industry. He joins BGC from Tradition, where… Continue Reading

UBS appoints co-heads of equities for Asia-Pacific

UBS has appointed Shane Gunther and Taichi Takahashi as co-heads of equities for Asia-Pacific, according to an internal announcement issued late last week. They will replace CJ Beshke, who is retiring after more than 24 years with the bank. Until this appointment, which took effect immediately, Gunther was head of cash sales for Asia-Pacific, while… Continue Reading