By Andrei Skvarsky.
Troika Dialog has hired Rob Leith from South Africa’s Standard Bank, which used to own a big slice of the Russian brokerage, as global head of investment banking and head of global markets.
Leith is taking up what is a newly created role with responsibility for both business areas. He will partially replace Jacques Der Megreditchian, who was head of global markets and was groomed by Troika chief executive Ruben Vardanian as his successor but quit the Moscow-based brokerage several weeks ago.
Standard sold its 36.4% stake in Troika to Sberbank in March this year when Russia’s biggest lender took over the Moscow broker in a bid to move into investment banking.
Leith, who has spent two decades at Standard and most recently headed its strategic expansion and global corporate and investment banking division, will join Troika in January 2012, the Russian firm said in a statement.
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