Another VTB Capital head leaves

Departure

VTB Capital’s Manu Tripathi said he departed the firm, where he oversaw foreign-exchange derivatives, 18 months after joining from UBS.

Bloomberg News reports that Tripathi said by e-mail he left his role, which was split between Moscow and London, while declining to comment on his future plans.

Tripathi, who had previously worked as an options trader at Deutsche Bank and Credit Suisse, joined VTB Capital in April last year from UBS in Singapore, where he had been executive director and head of emerging-markets foreign-exchange options for Asia, according to his LinkedIn profile.

VTB Capital bankers including Atanas Bostandjiev and Damian Chunilal have departed in recent months as U.S. and European Union sanctions over Russia’s involvement in the Ukraine conflict curtail domestic debt and equity-market business. VTB’s parent, state-controlled VTB Group, is among companies that have been sanctioned.

Hit the link below to access the complete Bloomberg News article:

VTB Capital’s Currency Derivatives Head Leaves Firm

FirstRand CEO Says African Bank Not a Proxy for Industry

JefferiesAnd the Best Place to Work in the global financial markets 2016 is...

Register for Financial Markets News Alerts