Sberbank CIB, the corporate and investment banking business of Sberbank, has announced the appointment of Vladimir Yarovoy as Head of Electronic Markets Distribution, Managing Director, within its Global Markets department.
Vladimir Yarovoy
Yarovoy will be responsible for driving the adoption of Sberbank Markets, a multi-asset class electronic trading platform that enables Sberbank CIB and its clients to streamline and automate trading, trade confirmation and settlement with Sberbank, and the full spectrum of brokerage products across all key client segments comprising institutional, corporate and retail.
Yarovoy will report on the trading and product side to Damian Bunce, Head of Electronic Markets, Managing Director, and on the distribution side to Vadim Martynenko, Head of FI & Derivative Products Sales, Managing Director.
Prior to joining Sberbank, Yarovoy worked as the Head of FX at Moscow Exchange where he oversaw sales, market making and development. Previously, he also held a number of trading positions on both the equity and bond side at several Russian domestic banks, and throughout his career has remained tightly aligned with technology and new product developments. This includes driving automated trading technology in the Russian market, along with the development of algorithmic trading strategies. He graduated from the Moscow Institute of Economics, Management and Law.
Andrey Shemetov, Head of Global Markets, Managing Director at Sberbank CIB, commented:
Sberbank CIB is delighted to welcome Vladimir Yarovoy to its Global Markets Department to scale up the client franchise. The Global Markets business is an area of ongoing evolution as due to our strategy we plan to continue developing online products. Vladimir’s experience in keeping apace with change through new product creation and innovation will be invaluable as Sberbank CIB furthers the development of its proposition to better meet client needs.”
Earlier this week, Global Markets team was also strengthened by the appointment of Konstantin Shulga as Electronic Markets Distribution Director, and earlier this year by Ilya Nikitin as Head of Structured Products Sales, Managing Director.