Otkritie Financial Corporation, the Russian financial institution, today announced a new management structure. All changes are effective immediately.

Vadim Belyaev has been appointed chairman of the board at Otkritie Capital, the investment banking arm. Igor Vayn assumes the position of chief business officer, Dmitry Romaev will be in charge of risk management, finance and operations, while Alexey Karakhan will oversee communications, HR and corporate services.