Moscow Exchange Appoints Maxim Lapin as CFO

Moscow Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term announces that it has appointed Maxim Lapin as its new Chief Financial Officer (CFO). He will also be joining the company's executive board.

Register now to the London Summit 2017, Europe’s largest gathering of top-tier retail brokers and institutional FX investors

Before joining the Moscow Exchange, Lapin worked at Russian steel giant MMK for over two and a half years as the Director of Business Development and Performance Management. While at MMK he was also a member of the board of the company.

Commenting on the appointment, the CEO of Moscow Exchange, Alexander Afanasiev, said: "Maxim is a professional of the highest calibre with extensive experience of working at major companies. He will oversee the development of MOEX’s finance function, including planning and analysis, financial controlling, capital management and improvements to operational efficiency, as well as investor relations. The appointment of a young and dynamic manager such as Maxim will strengthen both the company’s finance function and the Moscow Exchange team as a whole."

Lapin was also the Deputy CFO and Director of Planning and Analysis at the gas and petrochemicals company Sibur for four years. He also worked at the Moscow office of Mckinsey & Company for a little under 5 years, where he worked on improving strategy and financial efficiency.

With his experience across several sectors and industry and with his planning and strategizing skills, the Moscow Exchange hopes that his experience and acumen will help to cut costs and increase revenues in an industry that is becoming increasingly competitive.