BCS Global Markets has managed to nab HSBC’s Maxim Safonov, appointing him to the role of Senior Managing Director, Head of Capital Markets and Investment Banking, the company announced this Wednesday in a statement.
In this role, Safonov will be based in London and will report directly to the company’s CEO, Roman Lokhov. He will be responsible for running markets and investment banking operations across BCS Global Markets geographies. This encompasses Moscow, London, Cyprus, and New York.
According to the statement from the Russian securities broker, his primary focus will be executing the company’s Markets and Investment Banking strategy. He will also be in charge of spearheading a major expansion across the capital markets and investment banking sectors.
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BCS Global Markets nabs Safonov from HSBC
BCS Global Markets is the largest independent securities broker on the Moscow Exchange. Safonov joins the broker from HSBC, where he was the Head of Local Rates and Credit Trading, EMEA, a position he held for around two and a half years.
During his career, which spans across more than two decades, Safonov has also worked at Sberbank CIB, where he spent four years managing the Global Markets division. He has also held senior roles at HSBC Russia, ING Bank Russia and more.
Commenting on the appointment in a press released, BCS Global Markets CEO, Roman Lokhov said: “This is another significant step on the path to becoming Russia’s leading private investment bank. BCS Global Markets has ambitious goals, which includes a major transformation, and a capitalization, worth one billion US dollars.”
“Our strategy is built accordingly upon the foundation of a world-class team with a formidable international capital markets and investment banking expertise. Maxim brings an unparalleled blend of both Russia and international capital markets and investment banking experience. We have no doubt this will be capitalized upon to bring these businesses to the next level and to help launch new international businesses as part of our diversification strategy.”