VTB Capital appoints Nick Hutt as head of London office
MOSCOW. Dec 11 (Interfax) - VTB Capital has appointed Nick Hutt as head of its London office, VTB Capital said in a press release.
Hutt, who had been interim CEO of VTB Capital plc since July 2014 and prior to that had been working as its CFO, will also continue to manage VTB Capital's international offices in this role.
Hutt joined VTB Capital in September 2008 to head the International finance team. In the 11 years prior to joining VTB Capital, Hutt held a number of senior Finance positions in the Investment Banking market. He joined VTB Capital from Deutsche Bank where he was Global Head of Emerging Markets Product Control. Hutt is a CIMA qualified Chartered Accountant and holds an Honours Degree in Physics from Loughborough University.
"I am delighted that Nick has taken on this role. Despite the challenging market conditions, we remain strongly committed to our international business and client franchise. As we continue to grow and develop new products and services, and operate in different markets, I am confident that Nick Hutt is the significant team member, and we will further strengthen and develop VTB Capital market positions to remain the partner of choice globally," said Alexei Yakovitsky, Global CEO at VTB Capital.
VTB Capital, the Investment Business of VTB Group, is one of the three strategic business arms of VTB Group, along with the corporate and retail businesses. Since its foundation in 2008, VTB Capital has taken part in more than 500 ECM and DCM deals, which were instrumental in attracting more than $200 billion worth of investments to Russia and CIS.
VTB Capital offers a full range of investment banking products and services to Russian and international clients, focusing on arranging operations in the debt, equity, global commodities markets, developing investment and asset management, advising clients on M&A and ECM deals in Russia and abroad. VTB Capital operates in London, Singapore, Dubai, Hong Kong, Sofia, New York, Paris and Vienna, with headquarters in Moscow.