MOSCOW, 26 OCTOBER 2020 – BCS Global Markets (“BCS”), the investment services division of Russia’s largest independent broker, has appointed the former Sberbank Head of IT and Operations as the new Chief Operations Officer for its Investment Banking (“IB”) business.
Based in Moscow Vadim Kotov will focus primarily on the Investment Bank’s IT platform and infrastructure and is tasked with devising and implementing an operational model that best serves the BCS Global Markets development strategy across all its operations and international markets. Vadim will report directly to Maxim Safonov, co-CEO of BCS Global Markets.
Vadim has a 14-year successful track record as an IT and Operations Officer in the banking sector. Before joining BCS, Vadim held a number of positions at Sberbank, most recently as Chief Technology Officer for International and Corporate Investment businesses. Prior to that, he served at BNP Paribas Bank for five years, where he was responsible for the Bank’s operational issues, including IT projects, maintenance, support and cybersecurity.
Maxim Safonov, co-CEO of BCS Global Markets, said: “BCS is a leading investment banking player, and importantly, a high-tech investment bank in the fintech era. In this regard, we have a razorlike focus on continuing to enhance our IT infrastructure and automation across all our processes. We see these as the key drivers for scaling our business and further promoting our products and services to our worldwide customer base. We are also looking to grow our investment bank in parallel with the global trends of corporate culture and sustainability, transparency, peer-to-peer interaction, process streamlining, and automation. We are pleased that Vadim is now part of the BCS team and are convinced he will make a major contribution to our business journey over the coming years.”
A message from management of BCS Global Markets
The continuously evolving nature of the global coronavirus situation has meant we at BCS Global Markets (BCS) are taking all necessary steps to keep business disruption to an absolute minimum.
Effective from today (Wednesday 18th March) employees from all divisions of the business based in our Russia, UK, USA and Cyprus offices who can work from home without creating any even minor possible risk for business continuity of the Group will be working remotely. It is very much business as usual at BCS. Our employees are equipped with secure access to our systems and will follow their normal working hours, keeping in regular contact with their colleagues and clients.
Despite ongoing disruption caused by COVID-19, we want to also assure you that following a sustained period of positive performance, our capital and liquidity position remains very strong. The business is well-placed to meet any subsequent financial challenges and will continue to go above and beyond for our clients.