AFRICA Finance Issue dated 30/04/2020

Russian oligarch Mikhail Prokhorov appoints right-hand man to head RenCap

Russian businessman Mikhaïl Prokhorov.
Russian businessman Mikhaïl Prokhorov. ©Reuters
Renaissance Capital, founded by Russian businessman Mikhail Prokhorov, has recently changed managers, replacing French chief executive Christophe Charlier by Russian Dmitry Razumov, who is also the CEO of Prokhorov's holding company. The surprise move comes at a time when Renaissance, like companies everywhere, is having to deal with the consequences of the coronavirus pandemic. [...] (567 words)
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