Moscow, 27 August 2008 - Investment Business of VTB Group has announced the appointment of Herbert Moos as CEO of VTB Bank Europe plc., part of Investment Business of VTB Group.
Herbert Moos will be responsible for developing Investment Business of VTB Group further in London as well in Asia and the Middle East. He will report to Yuri Soloviev, CEO of VTB Capital and Head of Investment Business of VTB Group.
Herbert joins the Bank following a distinguished 14-year career at Lehman Brothers where he was most recently CFO, Asia-Pacific ex-Japan, and Treasurer, Asia-Pacific based in Tokyo and Hong Kong, having originally started his career at LB's London office. In his last six years with LB in Asia-Pacific, Hebert played a key role in building its Asia investment banking franchise from a satellite to an operation with over USD 3bn in annual net revenue.
Yuri Soloviev, CEO of VTB Capital and Head of Investment Business of VTB Group, said: "Herbert Moos is an outstanding banker with a clear strategic vision and an excellent track record in the investment business. We are proud that a banker of this calibre shares our ambitious goals and will be heading VTB Bank Europe to strengthen VTB Group's franchise in such key financial centres as London and Singapore."
VTB Capital (www.vtbcapital.ru) - the Investment Business of VTB Group -has offices in Moscow, London and Singapore. It focuses on arranging operations in the debt and equity markets, advising clients on ECM and M&A deals in Russia and abroad, and developing private investments, as well as handling operations on the global commodities markets and asset management.
VTB Bank Europe plc (www.vtbeurope.com) is part of Investment Business of VTB Group.