Bloomberg — Bank of Russia Picks New Monetary Policy Chief as Ruble Plunges

Russia’s central bank replaced its head of monetary policy after a series of emergency measures failed to contain the ruble’s decline, drawing criticism from President Vladimir Putin. 

Dmitry Tulin, a former central bank official who also worked at the International Monetary Fund and Deloitte LLP, will take on Ksenia Yudaeva’s role as first deputy governor in charge of monetary policy, the Bank of Russia said in a statement yesterday. Yudaeva, who remains a first deputy to Governor Elvira Nabiullina, will focus on forecasting, strategy and financial stability, she told reporters in Moscow.…

Tulin, 58, joined the Soviet central bank in 1978 after graduating from the Moscow Financial Institute. He later served as the Russian monetary authority’s deputy chairman in the middle of the 1990s and in 2004-2006.

Bloomberg
Bank of Russia Picks New Monetary Policy Chief as Ruble Plunges
Yuliya Fedorinova and Anna Andrianova