Vostok New Ventures Ltd.
Vostok New Ventures announces appointment of David Nangle as Managing Director of Vostok Emerging Finance

Vostok New Ventures Ltd. 

22.06.2015 08:00

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Stockholm, 2015-06-22 08:00 CEST (GLOBE NEWSWIRE) -- 

Vostok New Ventures today announces the appointment of David Nangle as Managing
Director of Vostok Emerging Finance ('VEF'), taking effect from September 1,
2015. 



David Nangle has spent his career to date focused on emerging markets and
frontiers financials sector. He joined ING Barings Emerging Markets Research
team in 2000 and rose to the position of head of EMEA Banks research prior to
his departure in mid-2006. David then moved onto Renaissance Capital, the
Frontiers and Emerging markets Investment bank initially as head of financials
research and eventually to combine this with the role of Head of Research. He
spent the majority of his professional career to date there, helping the firm
develop and grow their financials sector franchise and research footprint from
what was a leading Russian base into the leading pan-EMEA and frontiers
franchise it is today. As well as living in Russia, David has spent his career
travelling extensively, covering financial services companies and working on
numerous capital markets transactions across the many geographies of this
region. David has received a number of awards over the years for his research
rankings both on a country and regional level, inclusive of no. 1 rankings for
Russia and EMEA from Institutional Investor. 



Vostok New Ventures Managing Director, Per Brilioth comments:

'I am delighted to announce the appointment of David as Vostok Emerging
Finance's new Managing Director.  David is the ideal choice to take on the role
with his long experienced background in the emerging markets financials sector.
 David is a well respected figure within this sector and has the right set of
skills and understanding of the markets to identify new potential investments
and in turn deliver attractive returns to the shareholders of VEF.' 



David Nagle comments:

'I am excited to be joining Vostok Emerging Finance as Managing Director and
look forward to working with Per and the Vostok team on this new venture. My
clear goal is to build the leading investment vehicle focused on investing in
early stage modern financial services companies across emerging and frontier
markets. I have seen first-hand the great potential that lies in this space and
believe VEF, which is built on the long and successful track record of Vostok
New Ventures, offers a very attractive proposition for the investment
community.' 



Per Brilioth will continue to serve as interim Managing Director until David
Nangle assumes his duties on September 1, 2015. 



Vostok Emerging Finance is an investment company with the goal of investing in
early stage modern financial services companies across emerging and frontier
markets.  The company is expected to list on the Nasdaq Stockholm First North
exchange around July 16, 2015. 



For further information please contact:
Björn von Sivers, Investor Relations, Tel +46 (0)8 545 015 50
News Source: NASDAQ OMX



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Language:     English
Company:      Vostok New Ventures Ltd.
              
               
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ISIN:         SE0005191475
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