Renaissance Capital continues derivatives expansion

Moscow-based investment bank Renaissance Capital has hired seven senior staff for its rapidly expanding derivatives, debt and fixed-income teams.

Alan Woodcock will take charge of the bank’s global derivatives marketing as a managing director. He joins from Merrill Lynch’s Johannesburg office, where he was head of derivatives marketing and structured solutions. Woodcock will be based in Moscow and will report jointly to Gordon McCulloch, managing director of institutional sales and to Ruben Aganbegyan, co-head of investment banking and finance.

Dmitry Novoselov joins as a director in derivatives marketing from Dresdner Kleinwort, where he worked in derivatives sales. Julia Kostina also joins as a director in derivatives marketing from Alfa Bank, where she was a vice-president in derivatives. Both will be based in Moscow and report to Woodcock.

Vicente Pons joins the London office as head of African derivatives and fixed-income trading. He held a similar role at Citibank. He will report jointly to the deputy chief executives Neil Harvey and Alexander Pertsovsky.

Jim Bonfils joins Renaissance as director of international debt product sales from Standard Bank, where he built their emerging market sales and trading business. He will be based in New York and will report to Brian Lazell, co-head of debt products.

Dmitry Alexeev becomes director of debt capital marketing from Dresdner, where he was a senior debt originator. He will be based in Moscow and will report to Lazell and Andrew Cornthwaite, co-head of investment banking and finance.

Elvira Skamara has been appointed director of asset-backed securities origination from HSBC, where she worked in Europe Middle East and Africa securitisation. She will be based in Moscow and will report to Lazell and Cornthwaite.

These recent appointments follow the addition of more than a dozen managing directors over the past six months. Last week Gordon McCulloch joined as managing director of institutional sales from Goldman Sachs, where he was co-head of the Moscow office.