By Andrei Skvarsky.
Russia’s UralSib Bank has named Ilkka Salonen, formerly a deputy chairman of Sberbank and a senior figure at Renaissance Group, as its chief executive.
In his new role, Salonen, who was hired from Helsinki-headquartered investment bank Septem Partners, will replace Ildar Muslimov, who has been dismissed by the bank’s supervisory board, according to Interfax.
Salonen joined the supervisory board of Uralsib Bank, which is part of UralSib Financial Corporation, in July this year.
Interfax said Finnish national Salonen’s UralSib appointment would take effect as soon as permission for it was obtained from Russia’s Federal Migration Service.
Salonen has been working in Russia since 1985.
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