Afanasiev will be replaced by Yury Denisov following regulatory approval.
The Moscow Exchange (MOEX) announced on Monday that its Chief Executive Officer, Alexander Afanasiev, will be stepping down from his role and be replaced by Yury Denisov following the approval of his candidacy from the Bank of Russia.
According to the statement released earlier this week, Afanasiev will leave the top position on May 15 . His departure follows the completion of the Exchange ’s current five-year strategy, of which he delivered the key goals ahead of schedule.
His resignation is also not a shock to MOEX, but instead, it is a planned departure, as the company’s Board has been engaged in succession planning over the past year. The succession planning, which was supported by professional consultants, has resulted in Yury Denisov’s appointment.
Commenting on the change, Afanasiev said: "I have known Yury Denisov for many years through his work on the Supervisory Board as a highly regarded professional and an outstanding manager. Together we developed the Exchange’s new strategy. I welcome the Supervisory Board’s decision to name Yury as the next CEO."
Yury Denisov to Lead MOEX to “Continued Growth”
Denisov brings with him more than 25 years of experience in the financial markets. This includes leadership positions at top Russian financial companies. During his career, he has been the Vice President – Head of the Treasury at Eurofinance Bank and the Senior Vice President and Head of the Treasury at VTB Bank, among other roles.
He has also previously worked for MOEX, serving as the Deputy CEO in 2010-2011, among other roles with the exchange. He is also a member of the exchange’s Supervisory Board, from 2008 until 2011, and again from 2013 up until the present.
"... In my new role – and with the support of the Supervisory Board, clients and the entire Moscow Exchange team – I will strive to lead the company’s further development and grow shareholder value," added Denisov.
Oleg Viyugin, Chairman of the Moscow Exchange Supervisory Board, thanked the current CEO Afanasiev for his efforts in leading the company, as well as stating that Denisov is “fully capable” of leading MOEX through its next stage of "continued growth."
The Moscow Exchange (MOEX) announced on Monday that its Chief Executive Officer, Alexander Afanasiev, will be stepping down from his role and be replaced by Yury Denisov following the approval of his candidacy from the Bank of Russia.
According to the statement released earlier this week, Afanasiev will leave the top position on May 15 . His departure follows the completion of the Exchange ’s current five-year strategy, of which he delivered the key goals ahead of schedule.
His resignation is also not a shock to MOEX, but instead, it is a planned departure, as the company’s Board has been engaged in succession planning over the past year. The succession planning, which was supported by professional consultants, has resulted in Yury Denisov’s appointment.
Commenting on the change, Afanasiev said: "I have known Yury Denisov for many years through his work on the Supervisory Board as a highly regarded professional and an outstanding manager. Together we developed the Exchange’s new strategy. I welcome the Supervisory Board’s decision to name Yury as the next CEO."
Yury Denisov to Lead MOEX to “Continued Growth”
Denisov brings with him more than 25 years of experience in the financial markets. This includes leadership positions at top Russian financial companies. During his career, he has been the Vice President – Head of the Treasury at Eurofinance Bank and the Senior Vice President and Head of the Treasury at VTB Bank, among other roles.
He has also previously worked for MOEX, serving as the Deputy CEO in 2010-2011, among other roles with the exchange. He is also a member of the exchange’s Supervisory Board, from 2008 until 2011, and again from 2013 up until the present.
"... In my new role – and with the support of the Supervisory Board, clients and the entire Moscow Exchange team – I will strive to lead the company’s further development and grow shareholder value," added Denisov.
Oleg Viyugin, Chairman of the Moscow Exchange Supervisory Board, thanked the current CEO Afanasiev for his efforts in leading the company, as well as stating that Denisov is “fully capable” of leading MOEX through its next stage of "continued growth."
Profit & Loss’ Founder Julie Ros Joins New York-Based Firm as CMO
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
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#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
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Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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