The Central Bank announced the departure of Shvetsov and Skobelkin

by time news

First Deputy Chairman of the Bank of Russia Sergey Shvetsov will leave his post on March 21, 2022, the press service of the regulator reported. It is noted that he will continue his career outside the Central Bank. The reason for this decision was not specified.

Shvetsov has worked at the Central Bank since 2001. He began his career there as director of the open market operations department. He became the first deputy chairman on March 3, 2014, and on October 10, 2018, he became a member of the board of directors of the regulator. Central Bank Chairman Elvira Nabiullina recalled that Shvetsov “supervised new areas for the Central Bank – consumer protection, financial inclusion and financial literacy.”

Also, from January 25, the deputy chairman of the regulator, Dmitry Skobelkin, will stop working at the Central Bank. He came there in 1997 as the Head of the Department of Foreign Exchange Control for Current Operations of the Department of Foreign Exchange Regulation and Foreign Exchange Control. In 2002, he left the Central Bank, becoming Deputy Chairman of the RF Committee on Financial Monitoring. In July 2013, he returned to the regulator as deputy chairman. Like Shvetsov, since 2018 he has been a member of the Board of Directors of the Central Bank.

Skobelkin was responsible for a number of issues, including those related to currency control and combating the legalization (laundering) of income and the financing of terrorism. As Nabiullina noted, in recent years he “has been working on creating the Know Your Customer system, which will be launched in the near future and will allow minimizing refusals for bona fide companies, and for banks will reduce the cost of checking customers.”

At the same time, Central Bank Deputy Chairman Vladimir Chistyukhin will take up the post of first deputy chairman from January 17. He will supervise the work of the department for the strategic development of the financial market, the department for the admission and termination of activities of financial organizations, the department for corporate relations, as well as the consumer protection and financial inclusion service and the risk analysis service.

From the same day, Philip Gabunia, who is now the director of the insurance market department, will become the deputy chairman of the Central Bank. He will be assigned to oversee the departments of the insurance market, microfinance market, financial market infrastructure and the department of investment financial intermediaries.

Also, the current CEO of the state corporation Deposit Insurance Agency (DIA), Yuri Isaev, is moving to the Central Bank. He headed the agency from January 1, 2013, and from January 26 he will become deputy chairman of the Central Bank. Isaev will leave his position in the DIA. In the Central Bank, he will be entrusted with two departments – counteracting unfair practices and financial monitoring and currency control. In addition, he will oversee the representative office of the Central Bank in China.

Andrey Melnikov, who is now the first deputy general director of the agency, was nominated for the post of head of the DIA. His candidacy will be considered by the board of directors in the near future.

Finally, Aleksey Guznov, director of the legal department of the Central Bank, who has been in office since 2014, will take up the post of state secretary – deputy chairman of the regulator from January 17. He will continue to oversee the work of the department in which he previously worked, and will also be responsible for the legal support of the Central Bank and interaction with the State Duma, the Federation Council and state authorities at the federal level.

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