Aton Group, which claims to be the oldest independent investment firm in Russia, has appointed Andrei Zvezdochkin as a head of wealth management and retail.

Mr Zvezdochkin joins from Troika Dialog, another big Russian firm, where he was responsible for widening the firm’s regional network and product development.

Mr Zvezdochkin’s departure comes shortly after Troika Dailog’s merger with Russia’s biggest bank, Sberbank.

Aton works with private and corporate clients both in Russia and globally. It operates in 69 Russian regions and has an office in London.