Russia: Former Economy Minister To Become New Governor Of Central Bank

Politics ♦ Published: March 14, 2013; 20:00 ♦ (Vindobona)

Former economy minister Elvira Nabiullina will take over the post of the Central Bank of Russia (CBR) Governor.

Russia: Former Economy Minister To Become New Govenor Of Central Bank / Picture: © Vindobona.org

The change in personnel could also mean a change in monetary policy. From June, 23 on, Elvira Nabuillina will be the new govenor of the central bank in Moscow, thus succeeding Sergej Ignatiew, who is going to step down after three terms in office. President Putin is very pleased with the announcement. He still needs to introduce the candidacy into the state duma, however, the validation…