RTS re-elects Der Megreditchian as chairman

By Andrei Skvarsky

Jacques Der Megreditchian, chief business officer at Russian investment bank Troika Dialog, was re-elected on July 27 as chairman of the board of the RTS stock exchange.

Leaving Der Megreditchian in the post he has held since 2004 was a key result of a meeting of the RTS board of directors that also elected two deputy board chairmen, the bourse said in a press release.

One is Oleg Yachnik, general director of Moscow-based investment company OLMA. The other is Oleg Jelezko, who is managing partner at the Moscow operation of Da Vinci Capital, an alternative investments group.

Der Megreditchian, who holds qualifications from the European Business Institute and the French Centre for Financial Analysis, has a record of top financial jobs in Russia that goes back to the early 90s.

The meeting also approved exchange fees for repurchase agreement (repo) trading. The release did not disclose what the fees are.

By Andrei Skvarsky Jacques Der Megreditchian, chief business officer at Russian investment bank Troika Dialog, was re-elected on July 27 as chairman of the board of the RTS stock exchange. Leaving Der Megreditchian in the post he has held since 2004 was a key result of a meeting of the RTS board of directors that also ...