Recruitment: Bankers swarm to Russian IPO honey pot

Russian firms seek investor-friendly foreign talent; investor-friendly foreign talent seek large bonuses.

Bankers bored by their jobs in the traditional financial centres will begin to defect in greater numbers to Russian companies, according to head-hunters working there. “Experienced professionals from big western banks are increasingly being lured by the promise of a share in the piles of roubles waiting to be made from Russian IPOs, as well as the chance to recapture the sense of adventure that comes with being present as an emerging market gathers momentum,” says Taru Oksman-Ison of the head-hunting company Principal Search.

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