Boghos Posted September 21, 2006 Report Share Posted September 21, 2006 Earlier today, Gennady Melikyan was appointed as Chairman of the Bank Supervision Committee of the Central Bank of Russia (CBR). This makes him the successor to Andrei Kozlov, assassinated last week. Melikyan has worked in CBR for the past three years. Prior to that, he was a senior executive at Sberbank, the state-controlled banking giant, in 1997-2003, and Russia’s Minister of Labor for most of the Yeltsin presidency. He is seen as a rather cautious figure, but also as a conscientious official. Melikyan’s appointment signals that banking sector reforms will continue, but will most likely decrease in urgency and effectiveness. ________________________ Quote Link to comment Share on other sites More sharing options...
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