The Central Bank of Russia disbanded the consolidated economic Department, his supervisor, the Chairman of the Central Bank Nadezhda Ivanova will take the post of adviser to the Chairman of the regulator. About it “Interfax” was told two sources close to the Central Bank.
According to one of interlocutors of Agency, functions of the Department will be distributed among other departments of the Central Bank. On the new structural and staffing changes likely to be announced in November.
The objectives of the General economic Department includes, in particular, the organization and coordination of work of structural divisions of the Central Bank on the preparation and revision of forecast of financial indicators of the Bank of Russia, providing secured loans of the Central Bank, Deposit operations of the controller.
Ivanov headed the Department since 1995. She oversees the organization and operations of banks providing secured loans of the Central Bank in roubles and attraction from them cash deposits. Ivanov is also involved in monitoring the quality of assets of the Central Bank.
On October 17, the Central Bank entered into force reshuffle. The head of the Central Bank Elvira Nabiullina now personally oversees monetary policy. The first Deputy Chairman of the Central Bank Dmitry Tulin in charge of this sector until now, engaged in the banking regulation and supervision. The first Deputy Chairman of the Central Bank Alexey Simanovsky became an adviser to Nabiullina. Deputy Chairman Mikhail Sukhov has passed to work in VTB.
Bankers in a conversation with said that the decision on the reshuffle was unexpected for them. In mid-October, Nabiullina promised that internal changes in the management of the Central Bank will keep happening. “The Central Bank carries out such work in order to improve their internal efficiency. We started with the unit of banking supervision, given its importance,” — said the Chairman of the Bank of Russia.
Speaking at the forum “Russia calling!” Russian President Vladimir Putin criticized the former leadership of the Central Bank. According to the head of state, former heads of the wine of the regulator lies in the fact that it had not adopted the decision on the withdrawal of inefficient banks from the market.