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. Last Updated: 07/27/2016

New ABB Manager

MOSCOW () -- ABB, the international engineering group that is one of the largest foreign investors in Russia, announced Monday the appointment of a new country manager.

Michel Tchesnakoff, 49, will take over Sept. 1 from Maxwell Asgari, who is retiring after 25 years with the Zurich-based multinational, a company statement said.

Tchesnakoff joined ABB in January 1995 as a vice president for finance in Russia and previously headed Russian operations for French bank Credit Lyonnais.