Renaissance Capital, a leading emerging and frontier markets investment bank, has announced that Petr Molchanov is rejoining the bank from Magnit, as Head of Investment Banking, Russia & CIS.
Petr will be based in Moscow and will report to Dmitry Gladkov, Acting Global Head of Investment Banking.
Molchanov will continue to develop Renaissance Capital’s IB franchise in Russia and CIS, with a focus on senior client coverage and deal origination and execution.
Ruslan Babaev, co-CEO, Renaissance Capital, says: “We have an established and warm tradition of homecoming in Renaissance Capital, myself included. It’s always great to have the best talent back in the Firm. Petr has investment banking in his DNA and his expertise will be indispensable in further strengthening our IB operations in Russia and CIS, and winning new transactions.”
Anna Vyshlova, co-CEO, Renaissance Capital, adds: “With Risana Zitha recently joining Renaissance Capital as Head of IB for Africa and Petr Molchanov rejoining as Head of IB for Russia & CIS, we aim to establish a strong team under Dmitry Gladkov’s leadership to provide our clients with a best-in-class offering in frontier and emerging markets.”
Petr Molchanov, Head of Investment Banking, Russia & CIS, says: “I look forward to re-uniting with the investment banking team. We are facing challenging and demanding tasks as the markets remain volatile, yet we will put the best of our experience and expertise to deliver.”
Petr’s extensive investment banking experience includes holding senior positions at Goldman Sachs, VTB Capital and Interros. He obtained a PhD in Economics and Master of Management degrees from Moscow State University, as well as completed Fox International Fellowship Program for post-graduate students at Yale University.