Yury Denisov’s Term as Chairman of the Executive Board of MOEX to be Extended

(Source:MOEX)

Fazzaco learned that the Supervisory Board of Moscow Exchange (MOEX) has determined to re-elect Yury Denisov as Chairman of the MOEX Executive Board from 13 May 2022 for an additional three-year term.

Mr Denisov has been Chairman of the Executive Board of MOEX since 16 May 2019. His three-year term of office will expire on 12 May 2022.

Mr Denisov boasts over 25 years of experience in financial markets, including senior positions within major Russian financial institutions. He is a graduate of the Moscow State Institute of International Relations with a degree in International Economic Relations.

"The Supervisory Board appreciates the results achieved by Yury Denisov and his team. The launch of new products and services, extension of trading hours and improvement of technology have allowed Moscow Exchange to attract new issuers, millions of investors and new liquidity. The company has consistently executed on its strategy to enter new lines of business. The Supervisory Board expects that under the continued leadership of Mr. Denisov, the Exchange will continue to expand its business and grow value for shareholders," said Oleg Viyugin, Chairman of the Moscow Exchange Supervisory Board.

As Fazzaco reported earlier, on 1 November 2021, Moscow Exchange will admit 80 foreign stocks​ to trading, including shares Peloton, Estee Lauder, Autodesk, etc. As a result, the number of shares and depositary receipts of foreign issuers available for trading on Moscow Exchange will reach 441.