OREANDA-NEWS. August 01, 2013. Citi has appointed Yuri Aldakimov as Moscow equity trading head of Citigroup Global Markets. Yuri will be based in Moscow and oversee Russian equities trading locally, reporting to Gil Peleg, head of Citi’s Equity trading desk for Europe, Middle-East and Africa and Alexei Bolshakov, Head of Russian equities.

Yuri joins Citi from Sberbank CIB, where he was head of equity trading. He brings over 15 years of industry experience and recently held leadership positions at Otkrytie Financial Corporation and NIKoil. He had previously worked at Citi as a senior trader and co-head of the Russian equities trading team from 2005 to 2010. Yuri is a graduate of the Moscow Institute of Physics and Technology.

"We are pleased to welcome Yuri to our Russia equity trading platform as we continue to expand our presence in this important and growing market. We are confident that the team in Moscow will greatly benefit from Yuri’s experience and continue its development to provide our clients with the sophisticated level of service and liquidity they need", Gil Peleg said.

This appointment further strengthens Citi’s equity trading capabilities in Russia. In April 2013, Alexei Bolshakov was appointed head of Russian equities. Citi also recently hired Alexander Fonarkov from Renaissance Capital to join the bank’s London-based Russian desk as a senior equity trader.

Citi equities provides a broad range of products, including cash equities, derivatives, structuring, equity finance, prime brokerage and investment research. Citi has fully-fledged local investment banking capabilities as well as integrated equity brokerage operations. The bank has executed the largest number of "jumbo" Russian equity deals since 2007 and is currently ranked number one in equity issuance in Central and Eastern Europe and number two in Russia.* Citi was also recently ranked top research service provider for emerging EMEA products. **

* Dealogic.
** Greenwich EU investors survey.