Officials Out at State Firms, In at Agency

The government has begun the replacement of state officials on the boards of directors and supervisory boards at state-owned companies with independent directors. Deputy Energy Minister Andrei Shishkin has been replaced on the government’s list of candidates for the board of directors at RusHydro, which operates the majority of Russia’s hydroelectric power plants, by VTB senior vice president Sergei Shishin, said Dmitry Peskov, press secretary to Prime Minister Vladimir Putin. “This […]