By Andrei Skvarsky
Ilkka Salonen, a Finnish banker with with senior jobs at Sberbank and Renaissance Capital on his CV, is returning to Russia to work at Promsvyazbank as a director.
Salonen, who is today based in Finland, was nominated as an independent director for PSB by the European Bank for Reconstruction and Development, which holds a stake in the Russian firm, according to Moscow business daily Vedomosti.
Last year Salonen left as deputy chairman of Sberbank. Before his year-and-a-half stint with Russia's biggest lender, he headed Renaissance Investment Management, joining the Moscow-based firm in 2007 after nearly a decade's tenure as head of International Moscow Bank, which he quit after it was bought by UniCredit.
Salonen called PSB one of Russia's most dynamically developing and promising banks and said he began to watch its activities while he was still with International Moscow Bank.
Today Salonen is a partner at Septem Partners, a Finnish investment bank that provides advice on cross-border mergers and acquisitions and helps raise funds for companies in Western Europe, Russia and Belarus.
He is also on the boards of directors of several other companies.
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