03 May 2017
Renaissance Capital announces senior management appointments and new organisational structure to capitalise on opportunities in EEMEA & Frontier markets
  • Strengthens leadership team through a series of appointments and promotions
  • Hires Peter Bartlett as Head of Sales, Sub-Saharan Africa & Frontier markets
  • Markets consisting of Global Trading; Global Sales Trading; International, SSA & Frontier Markets Sales; Research and Prime Brokerage will offer consolidated client coverage and product offering. 

Moscow, 3 May 2017- Renaissance Capital, a leading emerging and frontier markets investment bank, has today announced a new organisational structure, alongside a strengthened management team, to capture opportunities in the EEMEA and Frontier markets. 

To ensure consolidated distribution, origination and product offering, the Firm's Markets business will include cross-product Global Trading; Global Sales Trading; International, SSA & Frontier Markets Sales; and Research and Prime Brokerage. The markets management team will report to co-CEO Ruslan Babaev.

The Firm has also taken a number of steps to strengthen its senior leadership team.

Peter Bartlett is joining Renaissance Capital as Head of Sales, Sub-Saharan Africa & Frontier markets to lead the Firm's international distribution across Equities and Fixed Income businesses and drive sales efforts in frontier markets, particularly in Sub-Saharan Africa. Peter has considerable investment banking experience, as founder of Exotix Partners, with a wealth of expertise in the world’s high-opportunity emerging and frontier markets across bonds, corporate debt, equities and private equity deals. He will collaborate with Evgueni Konovalenko, Head of International Sales, in order to deliver coordinated leadership for the Firm’s international distribution across Equities, Fixed Income and an evolving wider product range.

Jelena Spasojevic recently joined Renaissance Capital as a Director, FICC trading. Jelena will report to Peter Bartlett. She has been in the emerging markets industry for over 10 years, having worked at Investec and Bank Hapoalim in London covering local markets, sovereign and corporate credit.

Mark Reed will continue to lead Renaissance Capital's Global Sales Trading effort.

In conjunction with these appointments, the Firm announces new responsibilities for its senior managers within its IB business.

John Porter, who has been with the Firm since 2008, since when he has led over 100 transactions, has been appointed Chief Business Officer. John will focus on the continued growth and development of Renaissance Capital business across all product areas, working closely with the investment banking, financing and markets teams to drive frontier markets revenue growth. He will report to Ruslan Babaev and James Friel, Global Head of Investment Banking.

Roman Sarychev, who has been with the Firm since 2005 and is a pioneer of its Russian derivatives business, has been appointed Global Head of Trading. In his new role, Roman will streamline trading efforts across different products and geographies under one umbrella, ensuring effective synergies, coordination and revenue generation within the business.

Vasiliy Frolovichev, a veteran of the Firm since 1998, and most recently Head of the Electronic Trading Group, has been appointed Head of Prime Brokerage. Vasiliy will be leading the Firm's consolidated effort to upgrade its Prime Brokerage product offering with further expansion in Russia, London and across Africa. 

Dmitry Gladkov, who has spearheaded the successful development of the Firm's international Debt Capital Markets business into one of the leading franchises in frontier markets, has been appointed Global Head of Financing. In this role, Dmitry will broaden his coverage to include Equity Capital Markets, focusing on the firm's core geographies, in addition to DCM. He will report to James Friel, Global Head of Investment Banking.

David Dalhuisen, who has successfully led Renaissance Capital’s efforts in East Africa over the course of the last four years, has been appointed Co-Head of African Investment Banking alongside Toby Mannock. David will continue to develop the Firm's IB business in Africa with a focus on expanding the Johannesburg-based investment banking and financing teams in South Africa.

Renaissance Capital has also hired Willem Du Toit and Yvette Labuschagne as Vice Presidents in Johannesburg to reinforce the team's capabilities across Sub-Saharan Africa. Jelena Spasojevic recently joined Renaissance Capital as a Director for Fixed Income Currencies and Commodities trading to strengthen the Global trading team. 

In addition, Maria Klimova has been appointed Head of Risk Management, in addition to her Head of Product Control Group role. Having Product Control and Risk Management under the same leadership will enable the Firm to strengthen both functions and provide more comprehensive control over day-to-day business activities.

Ruslan Babaev, co-CEO, Renaissance Capital, commented: “We are pleased to announce these organisation changes, which are underpinned by our client-centric business model and aimed at delivering a coordinated offering across multiple geographies and products. We are excited about the new organisational structure and are as confident as ever that our world-class team of investment banking professionals will expand the Firm's emerging markets footprint and drive frontier markets revenue growth.”

Anna Vyshlova, co-CEO, Renaissance Capital, added: "Today's appointments reemphasize the unique professionalism, synergies and cross collaboration within our leadership team. I am sure that their joint experience and track record will accelerate the Firm's development and growth in the years to come."