11 Apr 2011 13:14

Kudrin presents Pankin as new FFMS chief

MOSCOW. April 11 (Interfax) - Russia's Deputy Prime Minister and Finance Minister Alexei Kudrin has presented his former deputy Dmitry Pankin as the new head of the Federal Financial Markets Service (FFMS).

Russian Prime Minister Vladimir Putin signed the necessary order for this on April 11.

An order was also signed to relieve Vladimir Milovidov from this position.

Milovidov bid farewell to this colleagues on April 7. He has yet to comment on his future employment plants. However, he recently started overseeing the international finances department at MGIMO (the Moscow State Institute of International Relations). In addition, several media outlets have reported that Milovidov might become a vice president at Rosneft .