Corporate Communications

Damian Chunilal appointed as CEO Asia for VTB Capital

3 January 2012
Damian Chunilal has been appointed as CEO Asia for VTB Capital. Damian will be based in Hong Kong and oversee the strategic development and further acceleration of the company’s expansion in financial markets across Asia. Mr. Chunilal will report to Atanas Bostandjiev, CEO, UK and International for VTB Capital.

Damian Chunilal has more than 20 years industry experience, including over 19 years in senior roles at Merrill Lynch, both in Hong Kong and London. Prior to joining the VTB Capital team, Damian was a member of Merrill Lynch's Global Operating Committee and a Managing Partner. The business was focused on M&A, capital raising and corporate finance activities with corporate, sovereign and financial institution clients in Japan, Australia, India and Asia.

Damian Chunilal graduated from the University of Cambridge, U.K. He holds a master’s degree in Economics.

VTB Capital officially launched its Hong Kong office on 15 November 2011. In June 2011, the Hong Kong Securities and Futures Commission issued VTB Capital Hong Kong Limited with a license to execute investment banking services. This license permits VTB Capital Hong Kong Limited to undertake dealing and advising on securities activities.

Alexey Yakovitsky, Global CEO and Chairman of the Management Board of VTB Capital, said: “I am delighted to welcome Damian Chunilal to the VTB Capital team. Damian’s expertise and significant experience in the Asian markets will further drive VTB Capital’s growth in that region.”

Atanas Bostandjiev, CEO, UK and International for VTB Capital, said: “We are pleased to welcome such experienced market professionals as Damian to our growing international team at VTB Capital. I am confident that under Damian's leadership our Asian business will see further growth and expansion in the coming years.”

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