OREANDA-NEWS. Renaissance Capital, the leading emerging markets investment bank, has announced that John Hyman has decided to step down from his role as Chairman and Co-Chief Executive Officer.

Mr. Hyman joined the Firm in October 2011 to run investment banking, and took on his current role in November 2012 when Onexim assumed control.

“John has been instrumental in achieving the successful turnaround of the Firm and our return to profitability in the first half of 2013,” Deputy CEO of Onexim Christophe Charlier said. “We're pleased that he will stay on for some time to act as an adviser to us. John leaves with our thanks for his leadership and substantial contribution, and we wish him every future success.”

About Renaissance Capital (www.rencap.com <http://www.rencap.com>)

Renaissance Capital is a leading emerging markets investment bank with operations in Russia, Central and Eastern Europe, Asia and Africa. The Firm also offers its clients access to these markets through such financial centers as London and New York. Renaissance Capital has market-leading positions in each of its core businesses - M&A, equity and debt capital markets, securities sales and trading, research, and derivatives. The Firm is building market-leading practices across emerging markets globally in metals & mining, oil & gas and agriculture. Renaissance Capital is part of ONEXIM Group.