Yury Denisov takes office as CEO of Moscow Exchange

Yury Denisov has been appointed Chief Executive Officer of Moscow Exchange with effect from 16 May 2019. The decision was made by Moscow Exchange’s Supervisory Board and approved by the Bank of Russia.

Yury Denisov has more than 25 years of financial markets experience, including leadership positions at major Russian financial companies. He previously held an executive role at Moscow Exchange, serving as Deputy CEO in 2010-2011. During this time, he was involved in the development of new financial instruments and services, and was also responsible for the establishment of the fully-fledged central counterparty and financial risk-management function, as well as the development of the Group’s cash management system.

Yury Denisov was a member of Moscow Exchange’s Supervisory Board from 2008-2011 and again from 2013 till the present. At various times he chaired the Board’s Risk Committee, Business Standards & Practices Committee and Audit Committee. He has also served as a member of the Strategic Planning Committee, Nomination & Remuneration Committee and Budget Committee. Since 2008 he has been a member of the Supervisory Board of the National Clearing Centre (NCC), which acts as the central counterparty on all of the Exchange’s markets.  In 2010-2011 and since 2016 he has served as Supervisory Board Chairman. Since 2018 he has also served on the Board of the National Settlement Depository (NSD).

From 2002-2010, Yury Denisov was Senior Vice President and Head of Treasury at VTB Bank, deputy head of the bank’s committee on asset and liability management and a member of its credit committee. At various times he was responsible for trading operations on the securities market, money and FX markets, as well as capital management.

From 1992-2002, he worked at Eurofinance Bank, latterly as Vice President – Head of Treasury and a member of the asset and liability management and credit committees. He began his career at Vnesheconombank in 1987.

In 1993, Yury Denisov graduated from Moscow State Institute of International Relations (MGIMO), specialising in international economic relations.