By Andrei Skvarsky. Russian broker Troika Dialog has hired Todd Berman from Bank of America Merrill Lynch as co-head of investment banking. Berman, who takes up his new role early next month, will share the job of running Troika’s investment banking business with Igor Sagiryan, who joined the Moscow-headquartered brokerage two years ago, the firm said in… Continue Reading
Category Archives: Hires & Fires
Russia’s sovereign private equity fund names advisers
By Andrei Skvarsky. The Russian Direct Investment Fund (RDIF), a sovereign institution for promoting foreign investment in Russia’s barren private equity sector, has put together an international advisory board, appointing to it company chiefs and sovereign wealth top brass from various countries. The board’s nine members, who will work on a pro bono basis, include top figures… Continue Reading
Troika’s Vardanian quits as head of Skolkovo management school
By Andrei Skvarsky. Russian brokerage Troika Dialog’s founder and chief executive, Ruben Vardanian, has stepped down as president of the Kremlin-overseen Skolkovo Moscow School of Management. Vardanian, who will remain involved with the school, heading its Committee on International Cooperation and Strategic Partnerships, has been replaced by Andrey Rappoport, one of the institution’s founding partners.… Continue Reading
Russian sovereign fund for private equity support makes top hires
By Andrei Skvarsky. The Russian Direct Investment Fund (RDIF), a sovereign fund for the promotion of foreign investment in Russia’s private equity sector, has announced a series of top hires, bringing in bankers from Troika Dialog, Alfa Group and other firms. Directorships have been handed to Richard Ogdon from Troika Dialog, Tagir Sitdekov from Alfa… Continue Reading
RenCap hires Nomura's Shambayati to co-lead global markets
By Andrei Skvarsky. Moscow-based Renaissance Capital has hired Soroosh Shambayati as managing director and global co-head of markets from Japan’s Nomura. Shambayati will have responsibility for fixed income, currency and commodities (FICC) in Rencap’s key geographies of Russia, the CIS, Central and Eastern Europe (CEE), Asia and Africa. At Nomura, he had been chairman of global emerging markets.… Continue Reading
Troika names Aton's Fedorova for business support role
Troika Dialog, the brokerage being acquired by state-controlled Sberbank, has appointed Irina Fedorova as director of business support. Fedorova, who last worked at Aton in a business support role, will be responsbile for supporting Troika’s private client division as well as “servicing private clients within the framework of the Sberbank merger”. Prior to Aton, she… Continue Reading
Sberbank parts company with head of treasury and financial markets dept
By Andrei Skvarsky. Sberbank has parted company with Andrei Golikov as one of its vice presidents and head of its department for treasury operations and financial markets. A statement by Russia’s biggest lender that announced Golikov’s departure did not disclose the reason for it. Golikov, who has spent 15 years at Sberbank, has repeatedly been… Continue Reading
Ex-MICEX boss Rybnikov put at helm of St Petersburg commodity exchange
By Andrei Skvarsky. Ex-head of MICEX Alexei Rybnikov has been appointed as president of the St Petersburg International Mercantile Exchange (SPIMEX), a commodity trading floor. SPIMEX’s board of directors unanimously put the reins in the hands of Rybnikov, who headed JP Morgan Chase’s investment banking operation in Moscow and Russia’s National Depository Centre before joining… Continue Reading
VTB Capital hires Ilya Veller from UniCredit for equity sales role
By Andrei Skvarsky. VTB Capital has confirmed to EmergingMarkets.me that it has hired Ilya Veller from UniCredit Securities as senior manager for equity sales at its Moscow office. Veller had a brief six month tenure at UniCredit’s Moscow brokerage, where he headed the special situations group. He previously oversaw sales at Russia’s Aton Capital, which… Continue Reading
Merrill Lynch hires analyst from Troika
By Andrei Skvarsky. Bank of America Merrill Lynch has hired Olga Veselova from Russian brokerage Troika Dialog as an analyst for its Russian subsidiary. Veselova, who was an analyst at Bank of Moscow before joining Troika in 2007, took up her position at Moscow’s Merrill Lynch Securities yesterday, according to Interfax. Troika has parted company… Continue Reading
Alfa-Bank to part company with CEO Johann Jonach
By Andrei Skvarsky. Alfa-Bank chief executive Johann Jonach is going to quit Russia’s largest non-state lender in a month’s time. Jonach, who formerly worked at Raiffeisen Bank International AG, has opted against renewing his contract with Alfa, which expires in October, Vienna-based monthly Trend said, citing the top manager himself. Alfa declined… Continue Reading
HSBC hires ex-Intesa manager as head of commercial clients arm
By Andrei Skvarsky. HSBC has hired Sergei Chetverikov, a former senior manager at Italy’s Banca Intesa, as head of the commercial clients division of the British bank’s Russian operation. Chetverikov will oversee a 35-member team based in Moscow and St Petersburg, HSBC said in a statement. Continue Reading
Troika Dialog snags JP Morgan banker
By Andrei Skvarsky. Russian brokerage Troika Dialog has hired Anton Malkov from J.P. Morgan for a senior investment banking role. Malkov spent more than two years as a Moscow-based vice president of Deutsche Bank before joining J.P. Morgan’s Moscow operation. Malkov’s duties at Troika include deal structuring and consultancy, the firm said in a statement.… Continue Reading
Otkritie hires consumer analyst from Nomura
By Andrei Skvarsky. Russian broker Otkritie has confirmed it has hired Mikhail Terentiev from Nomura International as senior consumer analyst. Terentiev had a similar role at Nomura, which he joined in 2008 after a two-year spell as an equity research analyst at Troika Dialog. Continue Reading
Renaissance names Yvonne Ike as CEO of West Africa
By Andrei Skvarsky Renaissance Capital, the emerging markets investment bank, has named Yvonne Ike as chief executive for West Africa, based in Lagos. Ike replaces Rotimi Oyekanmi, who has been appointed chairman emeritus for Renaissance Group, West Africa. In this role, Oyekanmi, who joined Renaissance in 2007, will be responsible for the build-out of Renaissance’s… Continue Reading
State Street appoints Raynes for senior EMEA role
State Street Global Advisors, the US fund giant, has recruited Susan Raynes as head of its UK, and EMEA institutional business. Raynes, who was previously head of SSgA’s San Francisco office, replaces Kanesh Lakhani, who worked at the firm for 13 years. Raynes will report to EMEA head Greg Ehret and will be responsible for identifying institutional business… Continue Reading
Renaissance boosts wealth management arm with two hires
By Andrei Skvarsky. Renaissance Advisors, an investment unit of Renaissance Group, has boosted its Moscow team by hiring Vagan Amichba and Kirill Schmidt. Amichba has been hired as managing director and a senior financial advisor focusing on the group’s ultra-high-net-worth individuals and cross-selling into all businesses. Before joining Renaissance, he ran his own M&A consulting… Continue Reading
Martin Schwedler named as head of Raiffeisen Invest in Moscow
By Andrei Skvarsky. Austrian bank Raiffeisen has promoted Martin Schwedler to chief executive officer of its investment banking unit in Russia. The joint venture, owned equally by Raiffeisen Investment and ZAO “Raiffeisenbank” in Moscow, offers Russian corporate customers access to equity capital markets and M&A services. Shvedler said he plans to expand the activities of Raiffeisen’s local investment banking… Continue Reading
BCS poaches top e-traders from RenCap
By Andrei Skvarsky. Russian broker BCS has hired three senior electronic traders from Renaissance Capital, including head of e-trading Stanislav Surikov. The other RenCap defectors are Rizwan Kayani, who was chief operating officer at Renaissance’s e-trading group, and Michael Smith, who was in charge of the group’s international sales. BCS, a Moscow-based… Continue Reading
UralSib hires Pioneer Investments banker as head of marketing
By Andrei Skvarsky. Russian bank UralSib has hired Karen Kesoyan from global investment management firm Pioneer Investments as head of marketing and business development at its asset management division. Kesoyan spent 12 years at Troika Dialog, first as head of public relations and then as advertising director, before joining Pioneer Investments, where he… Continue Reading
EXCLUSIVE: Metropol hires Howard and Brenton for London expansion
By Andrei Skvarsky. Russian broker Metropol has hired former Nomura executive Mark Howard as head of its London-based equity sales team and ex-Renaissance Capital and UralSib banker Tim Brenton as a member of the team. Howard, who has more than 15 years of emerging markets experience, was selling Chinese equities for North Square Blue Oak,… Continue Reading
Renaissance taps Credit Suisse's Salaheddin in fifth hiring this month
Renaissance Capital has hired Saydam Salaheddin from Credit Suisse where he headed real estate and consumer investment banking for Russia, CEE and Turkey for 13 years. He joins RenCap on August 1 to to cover real estate, consumer and agriculture investment banking across the CIS and Central and Eastern Europe. Renaissance has been expanding this… Continue Reading
UralSib hires former Barclays analyst
By Andrei Skvarsky. Russian bank UralSib has hired Anton Tabakh, a former researcher at Barclays and Troika Dialog, as senior fixed income analyst. Tabakh spent several months as a freelance analyst after a brief stint with Barclays. He was senior fixed income analyst both at Barclays and at Troika, covering Russia, Ukraine and Kazakhstan in… Continue Reading
VTB hires ex-UBS banker as head oil and gas analyst
By Andrei Skvarsky. Russia’s VTB Capital has hired Dmitry Lukashov, a former analyst at Swiss bank UBS, as its chief oil and gas analyst. Lukashov, who brings a team with him to VTB, worked as an analyst for Aton and Alfa-Bank before joining UBS. Continue Reading
EXCLUSIVE: HSBC hires Zhukov from Nomura as head of research
By Andrei Skvarsky. HSBC has hired Vladimir Zhukov from Nomura as head of research in ramping up its investment banking arm in Moscow after deciding to sell its retail operations in Russia. Zhukov confirmed to EmergingMarkets.me that he had started work as head of Russian equity research and metals and mining analyst at the British bank,… Continue Reading
Renaissance hires Cherny from Interros, Goldman's Barinstein
By Andrei Skvarsky. Russian brokerage Renaissance Capital has hired two senior bankers to cover operations in Russia, the CIS and Central and Eastern Europe. Anton Cherny has joined as the London-based head of business development. He worked for Renaissance as head of capital markets from 2005 to 2008, having previously held a senior corporate finance… Continue Reading
Third Rome's Kogan joins Moscow Partners broker
By Andrei Skvarsky. Former Third Rome senior partner Yevgeny Kogan has become managing director and a partner at Moscow Partners, an investment firm that plans a major advance into financial markets after years of relatively low activity. Kogan left Third Rome on June 30 over strategic differences with the top management of the Moscow-based wealth… Continue Reading
EXCLUSIVE: Otkritie hires ex-Central Bank economist
By Andrei Skvarsky. Russian brokerage Otkritie has hired Polina Badasen, a former economist at the Russian Central Bank, as an economist for Russia and the CIS. Badasen’s duties at the Central Bank included recommendations for exchange rate and interest rate policies and liquidity forecasts for the banking sector. In her Otkritie job, Badasen backs up… Continue Reading
EXCLUSIVE: Rencap hires Deutsche Bank's Abbott to co-run equity sales
By Andrei Skvarsky. Renaissance Capital has hired Will Abbott as co-head of equity domestic sales in the latest in a string of big name hires. Abbott, who previously headed Deutsche Bank’s sales and trading business in Russia, shares the job of running the Moscow-based investment firm’s equity domestic sales with Ruslan Babaev, Rencap spokesman Quinn… Continue Reading