Sberbank Private Banking, the wealth management arm of Sberbank Group, has acquired Alla Aleynikova as their head of group and executive director.

Aleynikova joins from the private banking division of UBS in Moscow. Previously, she spent eleven years at Citigroup in the United States and Chile.

She will report to Elena Shilina, head of Sberbank Private Banking, who said: "We are continuing to strengthen our private banking team by bringing in the market’s top specialists. We need to use the best international practices and standards to build a leading private banking business and offer our clients world-class services. I am certain that Alla Aleynikova’s skills and experience will be very helpful in doing this."

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By GlobalData