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25.08.17

Raiffeisenbank announces appointment of Dmitriy Sredin as head of large corporates division

On August 28 2017, Dmitry Sredin assumes leadership of large corporates division at Raiffeisen’s corporate and investment banking directorate.

In his new capacity, Dmitry Sredin will be responsible for development and implementation of the sales and services strategy for large corporate clients, acquisition and growth of large corporate business through «bundle» solutions, as well as management of the existing portfolio.

«Earlier this year we merged Corporate Banking and Corporate Finance Directorate with Markets and Investment Banking Directorate. Now we are facing even more ambitious tasks: with careful consideration of each customer’s business, we are making our banking service richer and more diverse,» says Nikita Patrakhin, head of corporate and investment banking directorate, management board member at Raiffeisenbank. «I am sure that Dmitry’s knowledge and experience in building and managing complex business processes in corporate and investment banking areas, as well as his skills of leading large teams, will become important success factors for our corporate business.»

Dmitry Sredin has over 20 years of experience of financial industry; prior to joining Raiffeisenbank he managed a number of units servicing largest customers at Sberbank. In addition, Dmitry has an extensive knowledge of organizing and developing CIB business, during his works at Renaissance Group, Troika Dialog, and Citigroup, among others.

AO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 14th among the Russian banks in terms of assets, based on 1H 2017 results (Interfax-CEA). According to the same Interfax-CEA data, AO Raiffeisenbank ranked 10th in terms of liabilities of individuals and 7th with regard to consumer lending.

Raiffeisen Bank International AG (RBI) regards both Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 15 markets (including Austria).

In total, more than 50,000 employees service 16.6 million customers through around 2,400 business outlets, thereof a majority in CEE. Since 2005, RBI’s shares have been listed on the Vienna Stock Exchange.

After the merger of RBI and its former majority owner Raiffeisen Zentralbank Österreich AG (RZB) in March 2017, the combined institute operates — as previously RBI — under the name Raiffeisen Bank International AG. RBI took over all rights, obligations and duties of the transferring company RZB.

 

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