Deutsche Bank appoints head of global markets in Russia

Deutsche Bank has created a new position of head of global markets in Russia and internally appointed Yuri Soloviev to the post.

Deutsche Bank said that the decision to create a global markets head for Russia reflects the growing maturity of the Russian financial markets, the emergence of a stable universe of local institutional clients and the country’s recent upgrade to investment-grade status.

Soloviev was previously in charge of local market trading in Russia and its neighbouring states. He retains this responsibility but now reports to Colin Grassie, head of global markets Europe, rather than Kay Haigh, head of emerging markets for Europe, the Middle East and Africa, and Latin American trading.