By Andrei Skvarsky.
Otkritie Financial Corp’s chief executive and main stakeholder, Vadim Belyayev, has been tapped for president of Nomos-Bank as part of a recent deal that will make Nomos part of the Moscow-headquartered corporation within the next couple of years.
Belyayev is likely to receive his new appointment within a month, Russian business daily Vedomosti said, citing the Otkritie chief himself. His nomination is subject to Central Bank approval.
However, Nomos’s top management will stay in their jobs. Dmitry Sokolov, current president of what analysts see as a generally robust bank, though moving one rung down, will de facto remain the chief executive and in effect have the same set of duties as today, according to Belyayev.
After Otkritie’s buyout of Nomos, about one quarter of the united entity would belong to Belyayev and other top Otkritie managers.
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