By Ivan Anderzhanov.
Austria’s Raiffeisen has named Sergey Monin as head of its Russian operation to replace Pavel Gurin who passed away last month after a long and brave fight with cancer.
Monin, up to now the deputy chairman of Raiffeisenbank’s managing board, has been acting chairman for several months.
Moscow-born Monin joined Raiffeisenbank in 1996. He was promoted to head of treasury in 1999 and appointed board member in charge of treasury in 2003.
Founded in 1996, Raiffeisenbank ranked ninth in terms of loans and advances to customers in the Russian banking market as per the end of March this year.
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