OTKRITIE appoints Eric Kraus as special advisor

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OTKRITIE FC and Eric Kraus signed mutual cooperation agreement. Under the terms of agreement Kraus will operate as the Company’s Special Adviser for Global Strategy.

“Broad experience of Kraus in the capacity of an international financial institutions’ analyst, his singularity as well as outstanding analytic reports are highly appreciated far beyond our Country,” said Shani Kogan, Managing Director of OTKRITIE FC.

Mr. Kraus will also officially represent OTKRITIE FC in a number of international projects, implemented by the Company, in particular, he will participate in international conferences as well as in meetings with investors and large clients.

More over, within the framework of cooperation the parties involved agreed to mutually issue the analytic review TRUTH AND BEAUTY that includes assessment and analysis of economic developments in Russia and abroad.

About Eric Kraus

Eric Kraus began his financial career in Paris in the mid ‘90s, working as an analyst for Societe Generale. In 1997 he got a call from the Moscow office of Regent European Securities offering him to come to Moscow. His analytical reports were already well known by this time. After the 1998 crisis Kraus worked at the Russian investment bank Nikoil. As their chief strategist he started writing his now-famous, artful reports. With time they acquired a permanent title: “Truth and Beauty … (and Russian Finance)”. In May of 2006 he finally realized his dream, launching the Nikitsky Russia/CIS Opportunities Fund.

About OTKRITIE Financial Corporation

OTKRITIE Financial Corporation is one of the leading investment banks in Russia. OTKRITIE provides brokerage, asset management, investment banking and private equity services for Russian and international, institutional and individual clients.

OTKRITIE ranks currently among the top five brokers on the Russian equity market by trading volume. Besides, the Company is recognized as an industry leader in promoting electronic trading. JSC OTKRITIE Brokerage House, a subsidiary of OTKRITIE FC, renders brokerage services.

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