Sukhobok Rejoins Otkritie Capital

May 4 2012 | 10:07am ET

Russian investment bank Otkritie Capital has re-appointed Mikhail Sukhobok, an original founder of the Otkritie Group, to head the firm’s global electronic trading division.

Sukhobok spent the last 12 months managing the merger of the MICEX and RTS exchanges into a single Russian exchange. Prior to that, at Otkritie, he led the corporate finance division and was involved in integrating several acquired businesses onto a single operating platform.

Sukhobok, who will report directly to CEO Igor Vayn, will play a couple of roles at Otkritie, sitting on the Otkritie Financial Corporation’s management committee and serving as deputy СЕО of Otkritie Capital. Sukhobok will develop the firm’s global electronic trading division and oversee all client relationships relating to the exchanges.

Said Vayn, in a statement: “We are the market leaders in electronic trading and DMA [direct market access], ranking among the largest companies in terms of the volume of securities traded on MICEX-RTS and LSE. This is a very rapidly developing and competitive environment requiring regular changes and improvements, as well as strict supervision over business processes to make sure they are profitable.”

Otkritie Capital is the investment banking arm of Otkritie Financial Corporation, which was established in 1995. The company has offices in New York, London, Frankfurt, Cyprus and Moscow (with plans to open an Asian office in 2012).


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

Securities and Exchange Commission Chair Mary Jo White will step down as chair of the nation’s Wall Street overseer in January, setting the stage for a potential conservative shift in the regulator’s leadership under the incoming Donald Trump administration.