OREANDA-NEWS. September 15, 2011. Renaissance Capital, the leading emerging markets investment bank, has hired Soroosh Shambayati as Managing Director, Global Co-Head of Markets, based in Moscow.

Shambayati will have responsibility for Fixed Income, Currency and Commodities (FICC), managing Renaissance’s FICC sales and trading business footprint across its key geographies of Russia, the CIS, Central and Eastern Europe (CEE), Asia and Africa.

Shambayati joins Renaissance from Nomura Securities, where he was Chairman, Global Emerging Markets. Prior to that, he worked as Head of Emerging Markets, Europe, at Lehman Brothers and as Global Head of Emerging Markets Credit Derivatives at Citigroup. At Renaissance Capital, Shambayati will work alongside Nick Andrews, Global Co-Head of Markets.

Shambayati’s appointment follows a number of recent senior hires at Renaissance Capital, including Yvonne Ike as CEO of West Africa; Ateev Chadda as Head of India Coverage for IBF; Richard Lumelleau as Head of Equity Sales, North America, for RenCap Securities, Inc.; Jonathan Segal as Global Head of Debt Capital Markets; James Etherington as Head of UK Equity Capital Markets; Bogdan Ciobotaru as Head of CEEMEA Financing; Saydam Salaheddin as Managing Director; and  Anton Cherny as Head of IBF Business Development.