OREANDA-NEWS. April 1, 2011. Vahan Vardanian has been appointed Vice President of the MICEX in charge of the Exchange’s information and technological unit.

His responsibilities also include the development and implementation of IT strategy and the overall management of the IT unit. In late April, Vahan Vardanyan will succeed Nikolai Yegorov in his position as Senior Vice President of the MICEX. Mr. Yegorov will continue to work for the MICEX, advising the Group on a wide range of issues, including the development and implementation of IT strategy.

Performing technological tasks is one of the most important and challenging areas that requires special attention in the course of combining the two exchanges (MICEX and RTS) and creating an international financial center in Russia.

Vahan Vardanyan said: “I am honored to join the MICEX team, which has a vast professional experience and strong traditions. I am pleased to join this team at the moment that is so important for the company. I believe my main task to be the preparation of the MICEX to solving technological problems stemming from market demands. Today, considering the creation of an international financial center, our country needs a breakthrough in the sphere of development of the market infrastructure technology.”