VTB Capital's interim CEO takes on the role full time

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Former Deutsche Bank emerging markets head takes on CEO role.

Nick Hutt has been appointed as CEO of VTB Capital plc. In this role, he will also continue to manage VTB Capital’s international offices. Mr Hutt has been interim CEO of VTB Capital plc since July 2014 and prior to that had been working as its CFO.

Hutt joined VTB Capital in September 2008 to head the International finance team. In the 11 years prior to joining VTB Capital, Hutt held a number of senior Finance positions in the Investment Banking market. He joined VTB Capital from Deutsche Bank where he was Global Head of Emerging Markets Product Control.

Hutt is a CIMA qualified Chartered Accountant and holds an Honours Degree in Physics from Loughborough University.

Alexei Yakovitsky, Global CEO at VTB Capital, said: 'I am absolutely delighted that Nick has taken the role. Despite the challenging market conditions, we remain strongly committed to our international business and client franchise. As we continue to grow and develop new products and services, and expand into different markets, I am confident that under Nick’s leadership, we will continue to strengthen our market position and ensure we remain the partner of choice globally'.

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