Three Dresdner bankers move to Renaissance Capital

Igor Serov also moves from the German bank, where he was director in charge of debt and structured products origination for emerging markets, Russia. He becomes head of debt capital markets with the bank and reports to Brian Lazell, the firm’s head of debt products who joined from BNP Paribas earlier this year. He is also accountable to Andrew Cornthwaite, Renaissance’s co-head of investment banking and finance.

Serov will be based in Moscow, joining four other new appointees. Madjid Pajic was previously director of risk management and capital markets for central and eastern Europe, the Middle East and Asia at Morgan Stanley in London. He becomes managing director of structured solutions and reports to Alexander Pertsovsky, head of the institutional securities group, and Bob Foresman. In the same division, Alexei Polyakov becomes director, having joined from Munich-based Hypovereinsbank. There, he was a trader in structured credit derivatives. In the new role, he reports to Alastair Cookson, managing director for structured products.

Igor Kotlyarchuk, former head of fixed-income sales for local sovereign and corporate debt at Russian bank Troika Dialog, becomes head of domestic sales and also reports to Brian Lazell. Meanwhile, Nikolai Podguzov becomes vice-president and fixed-income strategist with the bank’s research team. He joins from Moscow-based Trust Investment Bank, where he was head of fixed-income strategy, and reports to Aleksei Moisseyev, director of fixed-income research.