OREANDA-NEWS. Sberbank CIB announces the appointments of Igor Ushakov and Vadim Marchuk as M&A Investment Banking Directors of Sberbank CIB. They report to the Co-heads of Investment Banking, Managing Directors, Mickael Gibault and Pavel Sokolov.

Mr. Ushakov joins Sberbank CIB from Deutsche Bank where he spent almost six years based in London as a Director at the European Natural Resources Group.

Prior to joining Deutsche Bank Igor worked at Merrill Lynch's European Industrials and M&A Groups. Igor executed a wide range of corporate finance transactions for high profile clients and developed a strong business network in the natural resources sector with a particular focus on metals and mining companies.

Mr. Marchuk joins the team from J.P. Morgan's Global M&A Group where he was Executive Director, first in New York and then in London. Since 2005 Mr. Marchuk has focused on cross-border and in-market M&A executions across geographies and industries, including oil & gas, utilities, chemicals, transportation and infrastructure.

Commenting on the recent hires, Mickael Gibault, Co-head of Investment Banking, Managing Director, Sberbank CIB, said: "We are delighted to welcome Igor and Vadim to the Investment Banking M&A team. Their combined experience will bring new talent to the division and provide a wealth of knowledge that will complement our best-in-class offering to clients. I welcome the addition of their wide-ranging expertise as Sberbank CIB further strengthens its leadership in investment banking."

Speaking about his appointment, Igor Ushakov said: "I am very happy to have joined Sberbank CIB's M&A team, which is well known for its established client relationships and ability to provide a wide range of advisory services."

Vadim Marchuk said: "Sberbank CIB's role as the advisor of choice on a number of high-profile transactions is a good example of clients' recognition of and appreciation for the wide capabilities offered by one of the strongest Russian investment banking platforms. I am excited to become a part of the winning team and look forward to making an impact."

These appointments are the latest in a number of recent senior hires as Sberbank CIB continues to expand its team. The company has recently added a number of managing directors including Francois Mantion as Head of Commodities, Sascha Prinz as Head of Rates and Nicholas Harwood as Head of Equity.