MOSCOW, RUSSIA – JANUARY 15, 2020: Rusnano Executive Board Chairman Anatoly Chubais attends a panel session titled “Innovations in Russia: Planning for the Future” as part of the 11th Gaidar Forum, Russia and the World: Challenges of the New Decade, at the Russian Presidential Academy of National Economy and Public Administration (RANEPA). Sergei Karpukhin/TASS Ðîññèÿ. Ìîñêâà. Ïðåçèäåíò Àññîöèàöèè ðàçâèòèÿ âîçîáíîâëÿåìîé ýíåðãåòèêè (ÀÐÂÝ), ïðåäñåäàòåëü ïðàâëåíèÿ “Ðîñíàíî” Àíàòîëèé ×óáàéñ âî âðåìÿ ïàíåëüíîé äèñêóññèè “Èííîâàöèè â Ðîññèè: ïëàíèðóåì áóäóùåå” íà Ãàéäàðîâñêîì ôîðóìå 2020 â ÐÀÍÕèÃÑ. Ñåðãåé Êàðïóõèí/ÒÀÑÑ

MOSCOW, December 3. /TASS/. The departure of Anatoly Chubais from the top leadership post of the Rusnano company is a natural rotation process in staff turnover, Kremlin Spokesman Dmitry Peskov told reporters on Thursday.

“Anatoly Borisovich [Chubais] has been heading Rusnano for a long time, he created Rusnano. This is more of a natural rotation process,” Peskov said.

The Kremlin spokesman found it difficult to comment on Chubais’s future career plans.

“I can’t say anything, I don’t have such information,” he said.

The Kremlin spokesman recalled that President Vladimir Putin defined Rusnano as a vital institution for promoting new technologies and innovations. Nevertheless, like many other companies, Rusnano has its own problems, he noted. As an example, he pointed to the company’s risky investments in startups.

“Of course, when there is stepped-up investment in new enterprises with a high level of risk, not all investments pay off,” Peskov said, adding that the company had accumulated some debts. But he also stressed that Rusnano “has many important achievements.”

When asked why Putin decided not to hold a separate meeting with Chubais in connection with his dismissal, the Kremlin spokesman said that “there were no such plans on the agenda.”

“Not that someone would refuse to meet, there were simply no such plans,” he said.

Peskov assumed that the activities of Rusnano would not change with the arrival of the new boss. He stressed that “the company’s profile is obvious, so there are no changes here.”

“As far as the style of work goes, then of course, each manager has his own style,” the Kremlin official said.

On December 2, Russian President Vladimir Putin offered Military-Industrial Commission First Deputy Chairman Sergei Kulikov to head Rusnano. On December 3, the Russian government approved a directive on Kulikov’s appointment to the post of chairman of the board of Rusnano. Anatoly Chubais had been in charge of the Russian innovation development institution since 2008.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Target hits sales record on online surge, says August start ‘solid’

(Reuters) – Target Corp (TGT.N) on Wednesday reported its best quarterly comparable sales growth and online revenue that nearly tripled as shoppers lapped up videogames, kitchenware and clothes during the pandemic using the retailer’s same-day delivery services. Shares of the…

ViacomCBS beats estimates for revenue, profit on streaming boost

(Reuters) – ViacomCBS Inc (VIACA.O) beat Wall Street’s expectations for quarterly revenue and profit on Thursday as coronavirus shut-ins of millions of American households boosted demand for streaming, sending shares up 7% before the bell. Stay-at-home orders have boosted demand…

Renewables gaining impetus in Asia

Renewable energy power generation is expected to become Asia’s dominant power source by 2035, with the per capita cost of electricity in Asia set to drop by more than 40 percent by 2050, said a new report. According to a…

Guangdong’s foreign trade down 7.1% in H1

GUANGZHOU – Total foreign trade in South China’s Guangdong province contracted by 7.1 percent year-on-year to 3.06 trillion yuan ($438 billion) in the first half of this year, customs statistics showed. The decline narrowed by 1.7 percentage points compared with…