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| 10/15/2008 |
| Renaissance Capital Appoints New Head of Debt Products |
Moscow, 15 October, 2008 – Renaissance Capital today announced that Yury Gruzglin has joined as a Managing Director and Head of the Debt Product Group. Yury joins from Deutsche Bank in New York where he was Head of Correlation Trading for North America.
Prior to joining Deutsche Bank Yury held senior trading positions at JP Morgan in London and before this at Long-term Capital Management in both Tokyo and New York. Following a distinguished 31 year career Brian Lazell currently Head of Debt Products has decided to retire.
Alexander Pertsovsky, CEO of Renaissance Capital said: “I am delighted to welcome Yury to the team. Given his vast experience of fixed income and derivatives trading Yury is the ideal person to lead our debt products business. I would also like to extend my best wishes to Brian Lazell who has made a great contribution during his three years at Renaissance Capital.”
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.
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