Moscow Exchange has made a number of senior hires to its management team to strengthen key operations and increase the exchange’s international competitiveness.
Luis Vicente has been appointed managing director of risk and clearing. Upon receiving the pertinent clearance from the Central Bank of Russia, Vicente will take up the post of deputy risk officer of the National Clearing Centre, which is part of Moscow Exchange, where he will be responsible for the implementation and improvement of risk-management systems.
Vicente has 16 years’ risk-management experience. He worked for 12 years in central counterparty risk management at Brazil’s BM&FBOVESPA, a multi-market, vertically integrated exchange that is one of the world’s 10 largest exchanges by market capitalisation and the leader in Latin America. His experience in BM&FBOVESPA included two years as risk systems director and five years as risk management director, having successfully integrated the risk management departments of BM&F and BOVESPA after their merger in 2008. In addition to risk management activities pertaining to equities, derivatives, FX and government bonds markets, he was also responsible for the development of the new CORE (Closeout Risk Evaluation) framework, a multi asset-class, multi-market risk management system for central counterparties.
Anna Vasilenko has been appointed director of primary markets, in which capacity she will manage the structure and development of the primary market and increase the number of Russian and foreign securities traded.
Vasilenko has many years’ experience working in leading investment banks, including Credit Suisse and Renaissance Capital. She was a project manager involved in the creation of the first deliver versus payment (DVP) system on the Russian market in 2001. Vasilenko specialised in structuring large transactions for Russian corporates, arranging financing for companies in various sectors of the economy, as well as liquidity management. Prior to her move to Renaissance Capital in 2006 where she was the director at the structural products department, she was deputy head of the securities management department at Lukoil, one of the Russia’s largest oil companies. During her tenure there, she was responsible for corporate governance as well as finance structuring.
Sergei Klinkov is joining the exchange as director of investor relations. His responsibilities include expanding the investor base while maintaining its quality, as well as implementation of the exchange’s IR strategy.
Klinkov previously headed investor relations at engineering equipment manufacturer HMS Group, and before that at Bank Vozrozhdenie.
Viktor Malakhov has been appointed IT director. He will manage the development and implementation of new software to improve the exchange’s IT systems.
Before joining Moscow Exchange, Malakhov was chief investment officer at Moscow’s Skolkovo School of Management, where he was responsible for the IT development strategy. From 2006 to 2008 he was CIO and CTO at Troika Dialog. Prior to this, he headed product development for financial instruments operations at Deutsche Bank in Moscow.
Evgeny Gavrilov, who was previously in charge of Sberbank CIB’s IT risk and regulatory control department, joins the exchange as head of the division at the IT department. He will oversee analysis of derivatives-market business processes as well as the derivatives market’s operational and technological requirements.
He was previously in charge of developing electronic trading at Deutsche Bank.
Igor Artelnykh, who was formerly head of IT development for FX trading systems at Renaissance Capital, has been appointed system architect in the IT department. Artelnykh will be responsible for analyzing FX-market business processes and managing the development of the functional and technological requirements to meet the needs of the FX market.
Prior to working at Renaissance Capital, he managed the design of electronic trading and market data dissemination systems at CQG Inc.