Research Portal

Our Mission

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 strive to be 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 Values

Our emphasis is on the provision of a complete range of brokerage and investment services, and our focus is on helping our clients maintain a strong and stable business model

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

Board Of Directors

Sergey Sukhanov

Chief Executive Officer

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Sergey Sukhanov joined Sova Capital Limited (formerly known as Otkritie Capital International Ltd) 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 (formerly Otkritie Capital International Ltd.), 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.

Nikolay Katorzhnov

Member of the Board of Directors

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Nikolay joined Otkritie Financial Corporation in 2009, tasked with building the repo and SLB division from the ground up. In 2013, he was appointed CEO of Otkritie Capital and Senior Vice-President of Otkritie FC Bank, overseeing the integration of Otkritie Capital and the investment banking team of Otkritie FC Bank (formerly Nomos Bank). Nikolay was a Member of the Board of Directors at Otkritie Capital International Limited until the end of 2016. Leading a team of professionals in Moscow, London, Cyprus and New York, Nikolay harmonised Otkritie Capital’s investment products and services and strengthened the company’s position across different markets. In 2016 Nikolay left Otkritie to start his own projects in Cyprus. In 2017 he was appointed Member of the Board of Directors at LLC Concern Rossium and Member of the Board of Directors at Sova Capital International Limited. Before joining Otkritie, from 2008 to 2009, Nikolay managed equity portfolios at Leader, Russia’s largest asset manager, which has more than $15bn in client assets.

Business Leaders Team

Igor Burlakov

Head of Capital Markets

Alina Sychova

Head of Capital Markets Origination

Grigory Kozin

Head of Global Prime Services

Mikhail Terentiev,

Head of Research

Dipan Shah

Head of Treasury and Repo


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

We believe we can make a difference

That is the reason why we invest in the better future for the society we all live in. We support these charity funds and non-profit organizations who devoted themselves to help people 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

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