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© RIA Novosti. Vladimir Fedorenko

More officials leave the boardroom

by at 12/04/2011 17:12

 

Following Igor Sechin’s departure from Rosneft, two more senior government figures have tendered their resignation from state-owned companies.

Economic development minister Elvira Nabiullina and presidential aide Arkady Dvorkovich, pictured above, are leaving the supervisory board of Sberbank, Russia’s leading lender, RIA Novosti reported.

Bank boss German Gref confirmed to journalists on Tuesday: “Two members of the supervisory board have filed requests to withdraw their candidacies for the board. They are economic development minister Elvira Nabiullina and presidential aide Arkady Dvorkovich.”

 

Politicians out of the boardroom

Nabiullina and Dvorkovich have stepped down in the wake of President Medvedev’s call to clear government officials from companies.

And the news comes a day after Deputy PM Sechin quit oil giant Rosneft, adding to the uncertainty over the troubled share-swap deal between the Russian firm and BP.

In total 17 companies could lose directors under Medvedev’s initiative, which is supposed to increase transparency and make Russia more attractive to overseas investment.

Sberbank’s closest banking competitor VTB will have to say goodbye to finance minister Alexei Kudrin while Aeroflot and Moscow’s Sheremetyevo airport will do without the help of transport minister Igor Levitin.

Sechin and Energy Minister Sergei Shmatko are also likely to resign as board directors of state-controlled power trader Inter RAO UES and hydro power generator RusHydro.

 

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