Sberbank Options Trading Chief Brownstein Leaves Amid Shakeup

Konstantin Brownstein, head of options trading at OAO Sberbank’s investment bank, left the company along with a partner in equity sales Sukhrob Ibadov.

The two departed due to “organizational changes” and “optimization of the structure and strengthening of the team,” Timur Nasardinov, head of Moscow-based Sberbank’s equities department, wrote in e-mailed comments today. Both decided to “pursue other career opportunities” and left by “mutual understanding,” he said.

Brownstein had worked at Troika Dialog, which Sberbank bought in January and then re-branded Sberbank Investment Banking, since 2005. He didn’t answer calls seeking comment. Ibadov, who joined in 1999, did not return calls placed to his office phone.

To contact the reporter on this story: Jason Corcoran in Moscow at

To contact the editor responsible for this story: Frank Connelly at

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