Russian bank recruits as market rebounds

Financial News

By Jason Corcoran

June 15, 2099

Russia’s relaunched investment bank Aton Capital has recruited three executives to run its sales, research and private equity arms. And Moscow-based rival Troika Dialog has handed its head of research control of its London office.

Aton has hired Ilya Veller and Alexei Yazykov, both previously at Renaissance Capital, to run the sales and research teams respectively, according to sources close to the bank. This brings to 12 the hires it has made in the past month.

Dmitri Moiseyev has been recruited as managing director of the private equity division of Aton Capital Partners. He was previously an investment director of Technoprom, a private equity company.

The Russian stock market has been one of the world’s best performing this year, rising more than 70%, almost wiping out last year’s loss of about three quarters of its value. Meanwhile, Troika Dialog has declared it handed control of its London office to its head of research Paolo Zaniboni, following the resignation last month of Howard Snell.

Snell’s departure came in the same week that Giedrius Pukas, managing director of Troika Capital Partners, the bank’s alternative asset management division, left the firm to launch his own business.

Evgeny Yuriev, the founder of Aton Capital, is re-entering the investment banking market two years after selling the group’s institutional business to UniCredit for $424m. UniCredit dropped the Aton brand in February this year and the Russian business was renamed UniCredit Securities.

Aton declined to comment.