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 jobs with Citigroup and a role at former Russian investment bank Troika Dialog before joining UBS Securitiues as head of equities for Russia and the CIS.

Prinz worked at Mitsubishi and UBS before going over to Merrill Lynch, where he was head of US dollar rates trading for Europe, the Middle East, Africa and Asia.

Both will be based in Moscow, Sberbank CIB said in a statement.

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