MICEX Head to Become Otkritie CEO

By The Moscow Times

Sep. 17, 2012

Ruben Aganbegyan has worked with big-name international firms including PricewaterhouseCoopers, Clifford Chance and Credit Suisse. Denis Grishkin

MICEX-RTS president Ruben Aganbegyan will take the post of chief executive at Otkritie Financial Corporation on Monday, Interfax reported, citing financial market sources. The exchange declined to comment.

A spokesman for Otkritie neither confirmed nor denied the report.

"I believe that Ruben is a great professional, and he will help Otkritie in its development," Aton chief executive Andrei Shemetov said.

Otkritie's current chief executive is Vadim Belyayev. He is expected to become president of Nomos-Bank, which is being taken over by Otkritie.

Aganbegyan replaced Konstantin Korischenko as head of the MICEX in 2010 and was responsible for its merger with the RTS.

Alexander Afanasyev was appointed chief executive of the merged exchange in June 2012, but Aganbegyan retained the post of president.

Aganbegyan, the son of economist and scholar Abel Aganbegyan, was born in 1972. Since graduating from the Moscow State Legal Academy in 1995, he has worked at PricewaterhouseCoopers, Clifford Chance, Credit Suisse First Boston, Troika Dialog and Renaissance Capital.

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