This is a key appointment to VTB Capital’s Research Department, which is set to improve the company’s expertise in these two regions. He will be based in Dubai.
Tuzun has extensive work experience in Turkey and an excellent knowledge of the banking sector. Tuzun joins VTB Capital from Wood & Company, an Eastern European investment bank, in Turkey. Prior to that, he held top positions in the research departments at Credit Suisse, Citigroup and PricewaterhouseCoopers in Turkey. In his new role, Tuzun will report to Alexander Pukhaev and Dmitry Dmitriev, Global Co-Heads of Research at VTB Capital, and regionally to Makram Abboud, CEO Middle East & Africa for VTB Capital plc.
Tuzun graduated from Bilkent University in Ankara in 1997 with a Bachelor's degree in Industrial Engineering, and an MBA in 1999.
Pukhaev noted: 'After taking first place in the rankings in 2012, VTB Capital was able to prove once again that we have managed to build one of the best research teams in Russia. Drawing on our team of experienced professionals like Akin Tuzun, we aim to show our commitment to quality customer service in these new regions'.
Abboud said: 'VTB Capital is actively developing its business in the Middle East. Strengthening our team in the region is currently one of our main priorities. I am sure that Akin Tuzun’s experience and local market knowledge will not only expand VTB Capital’s product line and services in the MENA region and in Turkey, but also uphold our successful work in the region as a whole'.