| 

Russia's Troika Dialog Boosts Investment Banking Offering with New Head of FICC Division, Managing Director

Posted by Editor on Monday, 16 January 2012 16:54 | Published in Human Resources

Troika Dialog, one of the leading full-service investment houses in the CIS, has announced the appointment of Maxim Safonov as Head of Fixed Income, Currencies and Commodities Division, Managing Director. Maxim joined Troika Dialog on January 10, 2012 and reports to Rob Leith, Global Head of Investment Banking and Global Markets, Managing Director.

Maxim brings over fifteen years of experience in investment banking, specialising in Russian capital markets, based in both Moscow and London. Prior to joining Troika Dialog, he was a Portfolio Manager at Finisterre Capital, Emerging Markets specialised hedge-fund, where he was responsible for FX and rates strategies. Prior to that Maxim led HSBC’s efforts to re-establish its presence in Russian financial markets, joining the bank in 2004 as Head of Markets in Moscow, then later moved to London as Regional Head of Trading for CIS where he created one of the strongest regional trading franchises.

He began his career as a fixed income trader at ING Bank in Moscow before rising to Head of Financial Markets and Deputy Chairman of the Board, where he had overall responsibility for the financial markets business in Russia.

Commenting on Maxim’s appointment, Rob Leith said, "I am delighted Maxim is joining Troika Dialog at such an interesting time. Maxim’sknowledge of the fixed income markets and his proven experience in Russia and CIS will strengthen our capability as we continue our work to safeguard our position as the market leader across the region.”

Maxim Safonov added, “Troika Dialog’s reputation is unparalleled in Russia and CIS. I am excited to be joining Troika Dialog at such a critical time in its evolution. As it prepares to leverage the opportunities afforded by the merger with Sberbank, the team and I will be looking for new ways to realise the considerable potential to further develop the proposition across Russia and the CIS.”

Maxim Safonov’s appointment is the latest in a series of senior hires as Troika Dialog expands its team and prepares for the potential opportunities of the new era as part of Sberbank. In particular, Troika Dialog has appointed Todd Berman as Managing Director, Co-Head of Investment Banking, Chris Weafer as Chief Strategist, and Olga Klimova as Managing Director, Global Head of Equity Sales.