OREANDA-NEWS. December 17, 2012. Ruben Aganbegyan will be heading the Investment Bank ‘Otkritie Capital’. He will also keep his position as Chief Executive Officer and Management Board Chairman of FC Otkritie. Igor Vayn, who used to manage Otkritie Capital, is leaving the Corporation with effect from today due to a new employment.

‘We are very impressed with the performance demonstrated by the investment and banking business headed by Igor Vayn’, notes Ruben Aganbegyan. ‘For the year that Igor worked as Chief Executive Officer at Otkritie Capital, he proved an efficient manager who accomplished the key objective of reorganising the business and operating it at a profit. According to our forecasts, the year-end net profit of Otkritie Capital will amount to USD 50 million, and we still consider the investment and banking arm to be one of the key businesses of Otkritie.

‘I am grateful to the top management of FC Otkritie for the trust placed in me, and I believe that these years that I worked for the Corporation was one of the most challenging in my professional career’, says Igor Vayn. ‘Otkritie is in many respects a unique and very ambitious project and I would like to wish the company’s management and entire team continued success in addressing the tasks facing the Corporation’.