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08/07/2010
KBC Securities completed the management buy-out of its Latvia based subsidiary KBC Securities Baltic Investment Company (KBCS/BIC) with the managing directors Andrei Zadornov and Kirill Jurzditsky. Mr Zadornov and Mr Jurzditsky remain fully committed to growing the business as they have been doing over the last years.
The 41 staff currently employed with KBCS/BIC and its subsidiaries will remain with the company. The investor customers will continue to receive the same highly professional service as they did in the past and will not be affected by the buy-out.
The name of the company will be changed into BIC Securities.
To read the press release
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