Goldman Sachs, a US-based investment bank, has named Sergei Arsenyev and Dmitri Sedov as co-heads of investment banking in Russia.
Based in Moscow, the pair will work alongside Paolo Zannoni and Nick Jordan, co-chief executive officers for Goldman in Russia.
In his new role, Arsenyev will be responsible for focusing on coverage of the government and family offices, while Sedov will focus on telecommunications, media, technology, infrastructure, industrials and healthcare in the region.
Arsenyev has joined Goldman in 2000 in Russia, while Sedov has joined the bank’s investment banking division in 2007.
Meantime, the bank has also appointed Tim Talkington as head of its Russian securities unit.
Talkington has joined Goldman Sachs in 2000 in London and rejoined the firm in Moscow in 2007, after which he was appointed as head of equities for Russia in 2012.
The new hires follow the bank’s commitment to the Russian market where investment banks have had a modest increase in revenues over the last year.