Sinara Group is setting up an international financial holding, Sinara Financial Corporation, in an effort to accelerate the expansion of its investment arm.
Alexander Pumpyansky, Chairman of the Board of Directors of Sinara Group, has taken on the additional role of Chairman of Sinara Financial Corporation, with Roman Lokhov serving as the CEO of the new entity.
The holding will provide asset management, brokerage, research and advisory services in both domestic and international markets. It will also offer structured products and solutions and a technology-enhanced services that will provide the flexibility to match the needs of its customers, in full compliance with all regulatory requirements.
In order to efficiently meet its customer’s needs, Sinara Financial Corporation is planning to launch an e-platform for investment banking and wealth management services.
To its corporate clients, including medium-sized businesses, Sinara Financial Corporation will offer lending, structured finance, bond issuance, advisory and research, M&A support, and prime brokerage services.
“In the first half of this year the Holding intends to complete the acquisition of a number of brokerage companies in the EU and the UK which will allow us to offer to our Russian clients access to the global financial markets as well as to offer our services to Western investors who aim to enter the Russian and the CIS markets,” says Pumpyansky. “We will continue to focus on wealth management, brokerage and investment banking services. We succeeded in bringing on board a highly professional management team with long experience in the field and with the objective of maximising results.”