23 Sep 2013 11:51

Fmr Morgan Stanley Russian chief Titova could head Rosbank, move to Sberbank CIB - paper

MOSCOW. Sept 23 (Interfax) - Elena Titova, former head of Morgan Stanley in Russia, could head Rosbank or take a senior role at Sberbank CIB, the Kommersant newspaper said.

Titova, who stood down as head the Rosneft controlled Russian regional Development Bank in the summer, is the main candidate under consideration for Rosbank chief, a source with knowledge of the situation told Interfax earlier.

Kommersant said Titova might head Sberbank CIB's division for major clients and would answer directly to Andrei Donskikh, who became head of Sberbank CIS in August 21. The paper said Sberbank chief German Gref had already given his backing to Titova to fill the role, but that Titova herself had yet to decide.