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.

2580 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.