Deputy Chairman of the Bank of Russia Mikhail Alekseev decided to continue his career outside the regulator, he will leave his post on June 1, 2022. This was reported on the website of the Central Bank on Thursday, May 12.
Instead, Sergey Belov, who has headed the department of field institutions since August 2021, has been appointed deputy chairman of the Central Bank. In his new post, he will supervise the work of the cash circulation department, the Rosinkas association and the work of the department of field institutions.
Oleg Belenko, the first deputy head of this unit, became the acting head of the department of field institutions, follows from the structure of the Central Bank’s central office posted on the regulator’s website.
On April 21, the State Duma appointed Elvira Nabiullina to the post of Chairman of the Central Bank until 2027. This will be the third term for her at the head of the Central Bank.
338 deputies voted for her reappointment, 83 deputies voted against, there were no abstentions.
On March 18, the press service of the State Duma reported that Russian President Vladimir Putin submitted Nabiullina’s candidacy for the post of head of the regulator to the lower house of parliament.
The Chairman of the Bank of Russia is appointed by the State Duma by a simple majority vote of the total number of deputies. By law, the president must submit a candidate for consideration by the State Duma no later than three months before the expiration of the term of office. In the case of Nabiullina – until March 24. Nabiullina first headed the Central Bank in June 2013.