Russian brokerage BCS International Markets has appointed the previous deputy head of overseas alternate at Alfa Financial institution, Vladimir Samokhvalov, to go up its overseas alternate division.
Samokhvalov joins BCS International Markets as head of the overseas alternate division from Alfa Financial institution the place he served as deputy head of the overseas alternate division for over 10 years.
In his new function, he might be answerable for growing the FX home and worldwide product technique, making a mannequin of FX gross sales for company and institutional shoppers, and growing an FX platform to be used throughout all funding banking options at BCS.
“Growing a aggressive product line-up, a complete buyer protection mannequin, and an efficient banking platform are key priorities of BCS GM’s growth,” mentioned Maxim Safonov, co-chief government at BCS International Markets, who Samokhvalov will report on to.
“We’ve little doubt that Vladimir’s spectacular expertise and sector data will assist BCS GM construct a cutting-edge FX platform, which is able to take our FX operations and suite of merchandise to new heights.”
Samokhvalov’s appointment comes throughout a interval of steady enlargement at BCS throughout all its product choices.
Within the final 12 months, the Russian brokerage has cherry picked a number of senior people from among the market’s largest establishments together with HSBC, Citi, and Sova Capital, to drive development throughout its funding banking, international equities, prime companies, and stuck revenue departments.
Most just lately in December, the agency appointed a former senior credit score analyst at funding analysis agency Tellimer as its new deputy head of mounted revenue analysis.