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Finam Investment Bank names management board chairman

Yaroslav Dyusushe was appointed chairman of the management board at JSC Finam Investment Bank, replacing Andrey Shulga, the Russian lender said Aug. 15.

Prior to the appointment, Dyusushe served as deputy general director at JSC Investment Co. Finam, a position which will now be held by Shulga, who will continue to serve as a member of Finam Investment Bank's board of directors.

Shulga will also oversee a new passive investments division, offering clients existing and new products combining brokerage, bank and asset management services.