OREANDA-NEWS. July 07, 2014. Sberbank CIB was among the winners at the annual NAUFOR “Elite of the Securities Market” awards for the second year in a row, this time earning first place in the categories “Best Investment Bank” and “Best Research”. The awards ceremony was held in Moscow. 

Mickael Gibault, Co-Head of the Investment Banking Department, Managing Director, Sberbank CIB, commented on receiving the first award: “This award is a testament to our leading position in the industry and reputation with clients. I am delighted that the work done by our team across investment banking activities has been highly rated by the market.”

Paolo Zaniboni, Head of Sberbank Investment Research, Managing Director, Sberbank CIB, remarked: “We are pleased that once again Sberbank Investment Research’s efforts to provide our clients – investors in Russia and CIS markets – with independent and up-to-date research products have received due recognition from the professional financial community. This award follows close on the heels of our victory in the Thomson Reuters Extel Pan-Europe Survey 2014 in June and our good performance in Institutional Investor magazine’s All-Russia Research Team Rankings 2014, and again shows that we are one of Russia’s leading analytical teams.”

Hosted by the Russian National Association of Securities Market Participants (NAUFOR) since 2000, the “Elite of the Securities Market” awards are one of the oldest and most prestigious accolades in the Russian securities market. The winners are the securities market participants who demonstrate the most outstanding achievements in various areas of the securities market over the previous year. Nominations are submitted by professional securities market participants who are members of NAUFOR and the winners are chosen by a nationwide jury which includes representatives of financial regulatory agencies, the securities market infrastructure as well as a number of the most respected members of the finance community. Awards are distributed in sixteen categories.

Last year Sberbank CIB was also recognised at NAUFOR’s “Elite of the Securities Market” – the company won awards in the categories “Best Trading Desk” and “Best Stock Market Company” and thereby continued the tradition begun by Troika Dialog2, which was recognised on numerous occasions at the nationwide “Elite of the Securities Market” awards.