Putin names Russia’s new economic minister

Deputy Finance Minister Maxim Oreshkin was named Russia's new economy minister
Putin names Russia’s new economic minister
30 November 16:04 2016 Print This Article

Russian President Vladimir Putin has named Deputy Finance Minister Maxim Oreshkin as Russia’s new economy minister on Wendsday, after the post’s previous holder Alexei Ulyukayev was detained and accused of bribery from Russian oil giant Rosneft, earlier in November.

“Maxim Stanislavovich is not working that long, but on the whole not for a short time and rather successfully. I want to offer him a post of the economic development minister,” Putin said.

A 34-year-old Oreshkin was born in 1982 in Moscow and graduated from the High School of Economics. Starting his carrier as economist at the Central Bank in 2002, Oreshkin joined Rosbank, a Russian branch of Societe Generale, in 2006 before moving on to Crédit Agricole Corporate and Investment Bank. In 2012 Oreshkin joined VTB Capital, an investment arm of Russia’s second largest lender VTB.

Oreshkin joined the Finance Ministry in 2013 as the head of the strategic planning department and became a deputy finance minister in March 2015.

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Cecilia Valentini
Cecilia Valentini

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