Damian Chunilal to head VTB Capital in Asia

VTB Capital has hired former Merrill Lynch banker Damian Chunilal as CEO of its Asia team.
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VTB Capital's Moscow headquarters
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<div style="text-align: left;"> VTB Capital's Moscow headquarters </div>

Russian bank VTB Capital announced late last night that it has appointed Damian Chunilal as its Asia chief executive.

Chunilal, a 20-year veteran and well-respected former Merrill Lynch banker, will be based in Hong Kong. According to VTB Capital he will oversee the strategic development and further acceleration of the company’s expansion in financial markets across Asia.

This is a smart plan as peers of Chunilal widely praised him for his strategic guidance when he was chief operating officer for the Pacific Rim and head of Pacific Rim investment banking at Merrill and a member of the firm’s global operating committee, roles from which he stepped...

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