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Troika-Sberbank CIB announces appointments to Global Markets Department

January 30, 2014

ENP Newswire - 30 January 2014 Release date- 29012014 - Sberbank CIB1 announces the appointment of Sergio Soler to the position of Senior Trader, Precious Metals Trading, Commodities Unit, Global Markets Department , Managing Director. In addition, Franck-Eric Fischer will join the Global Markets team as Senior Oil Trader, Commodities Unit, Managing Director. Mr. Soler and Mr. Fischer join the Sberbank CIB team in January and will work in Moscow under the direction of Francois Mantion , Head of Commodity Trading, Global Markets Department , Managing Director. Before joining Sberbank CIB , Sergio Soler spent three years at the Swiss bank Julius Bar , where he was responsible for precious metals spot and futures trading and physical ETF market making. Sergio started his career in 1998 at UBS in Zurich as an FX spot trader. In 2001, he moved to the precious metals desk with a focus on silver and PGMs and worked in a variety of locations ( Zurich , London and Singapore). Sergio graduated from Kantonsschule Zurcher Oberland College in Wetzikon with a Business degree. Franck-Eric Fischer has more than 20 years of experience in crude oil and petroleum products. Franck joins Sberbank CIB from Whitewater Advisers ( Geneva ), an energy trading and risk management consultancy firm he co-founded in September 2012 . From May 2011 , he was a senior trader at Bunge ( Geneva ), where he focused on petroleum products and crude trading in their proprietary trading division as well as providing energy market intelligence to the overall group. Between 2008 and 2011, he successively held the positions of senior trader and senior risk manager at Gunvor. Prior to that, he worked as an oil trader at Dresdner Kleinwort , NM Rothschild and Societe Generale ( New York , Singapore). Franck began his career at Elf Trading SA in 1990, where he held various positions in Singapore, Paris and Geneva until 2000. Mr. Fischer graduated from Universite Lyon 2 ( France ) with a Master's degree in Finance. 'Financial markets remain highly volatile and our customers are more interested in hedging strategies than ever before. Strengthening our Precious Metals and Oil Trading teams will allow us to significantly expand our offering in the commodity space' said Maxim Safonov , Head of Global Markets Department , Managing Director. 'I am sure Sergio Soler's and Franck-Eric Fischer's extensive market knowledge and years of experience will allow us to strengthen these business lines and offer clients a complete line of financial services and strategies.' Commenting on his appointment, Sergio Soler noted: 'I am honored to join the highly regarded Global Markets team at Sberbank CIB , which has a strong market position in Russia and the CIS and clear ambitions to become one of the world's leading players in financial markets. The scale of the Sberbank Group's business provides an excellent opportunity for self-realization and I believe my experience will bring value to the team during this period of rapid development.' Franck Eric Fischer said: 'Today Sberbank CIB is one of the strongest players in the industry and I am pleased to be part of it. A comprehensive geographic presence and a very large customer base, especially in the commodity space, present great opportunities to fully leverage my knowledge of the oil market and provide the maximum benefit to clients and the firm.' These appointments are the latest in a number of recent senior hires as Sberbank CIB continues to expand its Global Markets team. Its team has recently added a number of managing directors including Frederic Blondel as Head of FX and Flow Derivatives Corporate Sales, Sascha Prinz as Head of Rates, Francois Mantion as Head of Commodity Trading. Sergio Soler and Franck-Eric Fischer will take office once the appointments have been approved by the regulator. Information for editors: Sberbank CIB The Corporate & Investment Banking Business ( Sberbank CIB ) was created as part of the integration of Sberbank of Russia and Troika Dialog. Sberbank CIB's key areas of activity are corporate finance (including trade finance), the documentary business2, investment banking services, trade operations with securities, and private equity. Sberbank of Russia's Corporate & Investment Banking Business provides integrated financial solutions and investment advisory services to its clients, which include major corporations, financial institutions, sovereign states and federal and sub-federal government bodies and organisations. Additional Information: Sberbank CIB Press Service Tel: +7 495 258 05 19 E-mail: 1On the basis of CJSC ' Sberbank CIB ' 2Banking products and services provided by Sberbank of Russia

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Source: ENP Newswire

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