Medvedev: officials should be appointed to boards of state-owned companies

Russian Prime Minister Dmitry Medvedev said Monday that government officials should be appointed to the boards of state-owned companies, in an apparent reversal of a signature reform he carried out during his presidency, RIA Novosti reports.

“Civil servants should be [on the boards of directors of state-owned companies] in a sensible quantity and in sensible positions,” RIA Novosti quotes Medvedev as saying during a meeting with his deputies.

Medvedev removed some of Russia’s most powerful officials from their posts at state-owned companies by presidential decree in 2011. The move was part of a series of measures aimed at improving the investment climate and was hailed at the time as increasing transparency and efficiency in the Russian economy.