Bank of America Sales Traders Kogan, Myasina Said to Depart

Bank of America Corp. sales and trading directors George Kogan, Ekaterina Myasina and Alexander Orekhov left the firm, two people briefed on the matter said.

Kogan, a sales director in Moscow who formerly worked at Renaissance Capital and Troika Dialog, left this week, said the people, who declined to be identified because the moves haven’t been made public. Myasina, a director of equity sales trading who joined from Morgan Stanley in January 2010, departed this week, the people said. Orekhov, an equity trader, has also left, one of the people said.

Kogan declined to comment while Myasina didn’t respond to calls and an e-mail seeking comment. Orekhov couldn’t be reached on his office number and his colleagues declined to provide a mobile phone number. Officials at the bank declined to comment.

Bank of America advised on one share sale last year, a $3.3 billion offering by VTB Group, Russia’s second-biggest lender. That gave it third place in the Russian equity league tables, according to data compiled by Bloomberg. The bank was placed 38th in the Russian mergers and acquisitions rankings last year, the data show.

The firm hired Konstantin Korischenko, former general director of the Micex Stock Exchange, in October 2010 to head its Russian operations. Korischenko, a former deputy central bank chairman, replaced Bernard Sucher who had left to “pursue other career opportunities, according to the bank. Riccardo Orcel, Bank of America Merrill Lynch’s head of investment banking for central and eastern Europe, the Middle East and Africa, also quit last year to join VTB.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE