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AgendaJuly 1 2016

Otkritie FC Bank investment chief aims for further diversification

In two years, Otkritie FC Bank’s Konstantin Tserazov has transformed its investment business through a three-way split between its bond portfolio, repurchase agreements and derivatives. Now, he tells Stefanie Linhardt, he intends to diversify the Russia-focused bank even further.
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A young bank with a young team is a good description of Otkritie Financial Corporation Bank and its head of investment business, Konstantin Tserazov. 

Otkritie FC Bank was only established under its current name in 2014, after the acquisition of the then sixth largest Russian bank (by assets) Nomos Bank made Otkritie the country’s fourth largest lender. In 2015 it merged with the operations of Russia’s Petrocommerce Bank; it is also parent company to retail bank Khanty-Mansiysk Bank Otkritie, which is in the process of being merged into the parent in the third quarter of 2016. Now the investment business of the two-year-old bank has found a strong match in its head, 35-year-old Mr Tserazov.

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