May 24, 2018 / 12:04 PM / 3 months ago

Russia's Putin appoints Shuvalov head of state development bank VEB

MOSCOW (Reuters) - President Vladimir Putin on Thursday appointed former first deputy prime minister Igor Shuvalov to head of Russia’s state development bank VEB.

FILE PHOTO: Russian First Deputy Prime Minister Igor Shuvalov reacts as he waits before a meeting of President Vladimir Putin with Japanese Prime Minister Shinzo Abe at the Eastern Economic Forum in Vladivostok, Russia September 7, 2017. REUTERS/Sergei Karpukhin

Shuvalov, who was left out of the new cabinet which was announced earlier this month, will replace Sergei Gorkov, who was in charge of VEB since February 2016.

Reporting by Denis Pinchuk; Writing by Tom Balmforth; Editing by Edmund Blair

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