Head of St. Petersburg Exchange Roman Goryunov will leave his post – Kommersant
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The head of the St. Petersburg Exchange, which recently came under US sanctions, Roman Goryunov, will leave his post and will also resign from the board of directors of the exchange, the press service of the trading platform reported. Instead of Mr. Goryunov, the post of General Director of the St. Petersburg Exchange will be taken by his first deputy Evgeny Serdyukov.
“Evgeny Serdyukov will first of all continue to work with counterparties to establish a procedure for action under sanctions. The main and primary task of the St. Petersburg Exchange is to provide investors with access to assets,” says the message exchanges. In the future, the St. Petersburg Exchange plans to implement a new development strategy, within the framework of which it will focus on trading in investment instruments with settlements in rubles and projects on the Russian financial market.
The St. Petersburg Exchange, which is focused on trading foreign securities, came under US sanctions on November 3. At the same time, OFAC issued a license to exit the securities of the St. Petersburg Exchange until January 31, 2024. The exchange itself claims that the imposed sanctions will not affect client assets. On the day the sanctions were introduced, shares of the St. Petersburg Exchange fell by 19% in trading on the Moscow Exchange. On November 6, the platform launched trading in only a portion of Russian shares.
Read more in the Kommersant article. “Game of Suspension”.
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