Troika Dialog, one of the leading full-service investment houses in the CIS, today announces the appointment of Alexander Krapivko as a Director and Asset Allocation Advisor of the Private Clients Department. Mr Krapivko’s duties will include providing consultation on the global allocation of Private Banking client assets and the diversification of existing and target client portfolios, analysis of market trends with regard to all classes of financial assets, and determination of client investment targets and strategies. Alexander will report to Igor Sagiryan, Managing Director and Head of Troika Dialog’s Private Clients Division.

TNK-BP has announced that Deputy Chairman of TNK-BP Management Board Maxim Barskiy has decided to leave TNK-BP as of 1 November in order to carry on his professional career outside of the Company. Maxim Barskiy was appointed Deputy Chairman of the Management Board on June 1, 2010 and performed management of the Company through organizing the operations of the Board and coordinating activities of TNK-BP employees.

Alfa-Bank Russia has announced the appointment of Petr Smida to the position of Chairman of the Board of Directors, this decision was made at the extraordinary General meeting of shareholders of Alfa-Bank. In this position Mr. Smida will be responsible for development and implementation of the most important initiatives of the Bank as well as for strategic development of human resources.

JSC VTB Bank has announced the appointment of Timerbulat Karimov as Senior Vice-President and Advisor of Yuri Soloviev, Deputy President and Chairman of the Management Board. Mr. Karimov will be responsible for relations with large corporate customers of VTB in investment banking and other business lines.

According to Yuri Soloviev, “One of the major strategic goals of VTB is expanding operations and building strong relations with large customers. I am certain that broad professional experience and personal qualities of Timerbulat Karimov will help our team achieve outstanding results in this business line.”

Born in 1974 in Ufa, Karimov holds a BS in Management/Industrial Relations and MBA in Finance from the University of Bridgeport (USA). He has held various executive positions in Nomura and Lehman Brothers investment banks and UniCredit Bank.