By Andrei Skvarsky.
Russia’s Otkritie Financial Corp has hired Ruben Aganbegyan, who is stepping down as president of Moscow’s Micex-RTS stock exchange, as its chief executive.
An Otkritie spokeswoman confirmed the appointment to EmergingMarkets.me.
Aganbegyan replaces Vadim Belyaev, who will become president of Nomos-Bank, a Moscow institution being taken over by Otkritie in a deal that aims to create Russia’s second-largest private bank.
Aganbegyan, who succeeded Konstantin Korishchenko as head of Micex in 2010, oversaw last year’s merger of the state-owned exchange with privately-run bourse RTS. He remained president of Micex-RTS after Alexander Afanasyev was appointed its chief executive in June 2012.
The son of Abel Aganbegyan, a senior Soviet economist and a key figure in Mikhail Gorbachev’s camp during perestroika, Ruben Aganbegyan came to Micex from RenCap, where he was president.
He had worked at law firm Clifford Chance, PriceWaterhouse, Credit Suisse First Boston and Troika Dialog previously.
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