Research Portal

Who We Are


To provide 360° vision on financial markets

As a global independent player with a strong connection to local markets, we work with our client businesses to help them expand in the most efficient way, to discover new opportunities and to achieve their goals over the long term. We focus on being a safe, innovative and caring partner at every point on a client’s route to success, starting with the very first steps of the journey


Our emphasis is on the provision of a complete range of brokerage and investment services.

Our emphasis is on the provision of a complete range of brokerage and investment services.

Sense — we are committed to what we do and act in a transparent and fair way in the market
Opportunity — our aim is to generate opportunities for business growth for our clients, markets and partners
Vision — we operate with a clear and focused vision and a conscious long-term strategy
Action — we strongly believe that execution is key, therefore we pay careful attention to our delivery and performance quality

Social Responsibility

We believe we can make a difference

Outside of financial markets we also are passionate about helping to provide a better future for our society. In doing so we support the following charities, which are devoted to helping children in need

Arifmetika Dobra

Arifmetika Dobra

Established in 2014, the charity’s aim is to help orphans find families and reduce the number of children living in orphanages

Alternatives 4 Children

Alternatives 4 Children

Alternatives 4 Children (A4C) is an independent charitable foundation established in 2011 in the Netherlands with the aim to involve professionals from the (Alternative) Financial industry. Originally founded by professionals from the Dutch Alternatives Industry, A4C are now open to all countries and people from the financial industry. It is launching a London Chapter in June, 2019.

Board of Directors

Sergey Sukhanov

Chief Executive Officer

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Sergey Sukhanov joined Sova Capital Limited in 2013 to lead the Equity Trading department.  He was subsequently appointed to the role of Head of Equity in March 2014.  Prior to joining the company, Sergey’s earlier career involved managing the Equity Trading desk at Promstroybank, before moving to Bank Zenit, where he worked from 2000 to 2005 leading the Equity Trading department.  From 2005, he worked at Troika Dialog for seven years as a senior trader and partner; thereafter moving to Sova Capital Limited.  In 2016 Sergey was appointed Chief Business Officer and a director of the company.  From  2017, he became the Chief Executive Officer with overall responsibility for the operation of the company; ensuring the successful management of the business and implementing the agreed management body strategy.

Howard Snell

Non-Executive Director

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Howard Snell is responsible for Sova Capital’s UK local business strategy, as well as corporate and investor relations. Prior to joining Sova Capital, Howard was CEO of Troika Dialog’s UK subsidiary, where he was responsible for launching local and European operations. Howard previously held the position of co-head of the London Emerging Markets desk at UBS, where he was in charge of Debt Capital Markets Origination for Russia and CIS countries, working on a number of Russian bi-lateral and debt restructuring transactions.

Oleg Borunov

Non-Executive Director

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Oleg Borunov was appointed Deputy Chairman of the Management Board, Head of Investment Business, Credit Bank of Moscow (public joint-stock company) in October 2017. Oleg has more than 14 years of global markets experience. Prior to joining Credit Bank of Moscow, Oleg headed up the Global Equities Department at VTB Capital, and held executive positions at Deutsche Bank between 2005 and 2008 and UFG between 2004 and 2005. Oleg first joined the financial industry at Transcapitalbank JSCB, where he worked from 1998 to 2000. Between 2000 and 2002 he worked as a currency control expert at Alfa-Bank, and from 2002 and 2004 he managed the Treasury Department at Sun Chemical Company.

Alla Bashenko

Non-Executive Director

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Alla Bashenko is a seasoned international financial services industry professional with expertise in global capital markets across full spectrum of asset classes and financial products, securities, and commodities. Alla has operated in large, complex and growing organisations alike, and had spent the majority of her career in senior level roles at Goldman Sachs followed by Nomura International. Alla’s international work experience covers EMEA, North and South America, Asia including Japan, Australia, and Emerging Markets. She has spent a large part of her career working with Russia/CIS

David Newton

Non-Executive Director

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David Newton has been appointed as Chairman of the Board Audit Committee, as well as being a member of the firm’s Board Risk and Compliance Committee and Board Remuneration and Nomination Committee. He was previously a Partner at PricewaterhouseCoopers for 25 years focusing primarily on financial services. He is a Chartered Accountant and member of The Chartered Institute of Taxation, as well as being a board member for various companies, including ICBC plc and Monty’s Bakehouse UK Limited.

Business Leader Team

Kirill Yankovskiy

Chief Business Officer

Alina Sychova

Head of Capital Markets Origination

Mikhail Terentiev

Head of Research

Dipan Shah

Head of Global Securities Financing

Roger Balch

Head of Prime Services


NowNew name, new opportunities
2017Strong team and clear strategy
2014-2015Opening up new opportunities
2010-2012Setting up a base in the US
Late 2000sBecoming a Russia expert with global reach
1990sBuilding the market from the ground up