Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Putin Names Himself, Gref, Others to New Agency Board

Prime Minister Vladimir Putin has appointed himself and Sberbank chief German Gref to the board of the Agency for Strategic Initiatives, a project to curry favor with businesses.

The prime minister, who will chair the board, ordered the organization to officially register itself by Aug. 25.

The other banker on the 11-member oversight body is Vladimir Dmitriyev, chief of state-owned development bank VEB, according to a government decree released late last week.

The agency, set up to help midsized companies expand their business, will also include the governors of the Sverdlovsk region and Tatarstan republic — Alexander Misharin and Rustam Minnikhanov, respectively — and Economic Development Minister Elvira Nabiullina.

The governors qualified for the seats because their regions had "good experience in supporting entrepreneurship and modernizing social services," Putin said at a Presidium session Thursday.

The board will meet at least once every three months and will endorse projects for the agency to pursue. Its other members include Sergei Vorobyov, chief of recruitment company Ward Howell International; Alexander Galushka, president of Delovaya Rossia, a lobby group for midsized businesses; and editor-in-chief of Expert magazine Valery Fadeyev.

In addition to supporting growth of companies and their export plans, the agency will seek to establish certification systems for the work force, upgrade professional standards and back social organizations.

At the Presidium, Putin asked all government agencies and regional governors to help the new agency, which will function as a nonprofit organization.

The Agency for Strategic Initiatives' chief, Andrei Nikitin, said Thursday that the group was still looking for an office, and considering one of the City Hall office buildings on Novy Arbat as an option, RIA-Novosti reported.

Nikitin, 31, comes to the agency from the position of chief executive at a company that produces composite and fiberglass materials for domestic energy companies, such as Gazprom, Rosneft and LUKoil.

The company, called Management Company Ruskompozit, is a member of the Delovaya Rossia political party and has manufacturing facilities in Tver and Ufa. Its latest efforts to remain the industry leader included an agreement signed in April with Holland's Polyworx to develop a technology for using composite components for building pedestrian and motorway overpasses.

Ruskompozit agreed in March to support the pro-government youth camp at Lake Seliger.

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more