OREANDA-NEWS. September 08, 2010. Otkritie Financial Corp, one of the largest financial groups in Russia announces the appointment of two experienced professionals, marking a significant expansion of the Global Markets and Investment Banking business, and enhancing the client-facing resources in its corporate finance and equity markets segments, reported the press-centre of OTKRITIE Financial Corporation.

Igor Vine joins as Head of Capital Markets, Equity Group, where he will have responsibility for business development in global markets, as well as strengthening our client offering in corporate finance. Igor was most recently Managing Director and Head of Equities at Renaissance Capital from 2007 to 2010. Previously he held similar positions at Deutsche Bank (2006- 2007) and UFG (1997- 2006).

Ruslan Babaev joins as Deputy Head of Capital Markets, Equity Group, reporting to Igor Vine. Ruslan will manage the global sales function covering institutional investors. Ruslan was latterly Sales Director covering Russian & CIS clients at Renaissance Capital.  Prior to that, he was an Equity Sales Specialist at Goldman Sachs from 2005 to 2007.

Both Igor Vine and Ruslan Babaev will be based in Moscow.

The appointments of Igor and Ruslan reinforce the ongoing expansion of the business, most recently demonstrated with the appointment of Yury Aldakimov who will continue to run global trading activities as Deputy Chief of Capital Markets.

Otkritie has also bolstered its Research team recently, with the appointment of two new senior Russian equity market specialists - Vladimir Tikhomirov (who joined as Senior Economist and Marat Ibragimov (who joined as Senior Consumer Analyst).

Roman Lokhov, Managing Director, Head of Global Markets and Investment Banking at Otkritie, said: "We are delighted to welcome such experienced professionals as Igor Vine and Ruslan Babayev to our team at Otkritie. This reinforces our previously stated strategy of building our investment banking business by attracting the highest caliber individuals in the international markets. I am confident that our senior team of Igor, Ruslan and Yury will enable us to extend our levels of client service, deepen our market insight and enhance our execution capabilities and to achieve a leading position in investment banking."