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7/28/2008
RENAISSANCE CAPITAL HIRES SUNIL JOSHI AS CO-HEAD OF TRADING FOR EQUITY PRODUCTS AND NEW MARKETS
London - Renaissance Capital, the leading investment bank for the world's frontier markets, has hired Sunil Joshi as Co-Head of Trading for its Equity Product Group and Head of New Markets Trading.

Joshi joins from Credit Suisse, where he was Managing Director and Head of Equity Trading for Emerging Europe, the Middle East and Africa (EEMEA).

Joshi started his career as a graduate trainee at Credit Suisse and was instrumental in building up the firm's top-ranked EEMEA franchise.

He will report to Igor Vaynshelboym and Roland Nash, co-heads of the firm's Equity Product Group.

Vaynshelboym said of the appointment: "Sunil is a great talent whose career we have followed for some time. By hiring such high caliber people in the current market environment, Renaissance Capital continues to demonstrate its commitment to expanding in new high-opportunity emerging markets."

Renaissance Capital's Equity Products Group provides equity finance, derivatives, structured products and prime brokerage to the firm's clients throughout Russia / CIS, Central Asia, Sub-Saharan Africa, the Middle East, Europe and the US. It seamlessly integrates the firm's capabilities across research, equity trading, international and domestic sales, and equity finance.

Joshi's New Markets role will see him involved on the trading side of the firm's geographic expansion. In the last two years, Renaissance Group has established a presence on the ground in several new markets, ranging from frontier sub-Saharan Africa to the more developed Middle East. Further expansion is expected in the coming months and years.

About Renaissance Capital (www.rencap.com) Renaissance Capital is a leading investment banking firm in the CIS, Central Asia and Sub-Saharan Africa. Renaissance Capital has market-leading positions in each of its core businesses - M&A, equity and debt capital markets, securities sales and trading, research, and derivatives. Renaissance Capital is part of the Renaissance Group.

About Renaissance Group (www.renaissancegroup.com) Renaissance Group is an independent group of investment banking, asset and wealth management, merchant banking, and consumer finance companies specializing in high-opportunity emerging markets. Renaissance Group operates in Russia, Ukraine, Kazakhstan, the United Kingdom, the United States of America, Cyprus, Sub-Saharan Africa, the British Virgin Islands, Switzerland and Bermuda.
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