Sergey Ignatyev (economist)
Sergey Ignatyev | |
|---|---|
| Born | January 10, 1948 Russia |
| Occupation(s) | Economist, banker, government official |
| Years active | 1991–2022 |
| Known for | Governor of the Central Bank of the Russian Federation (2002–2013) |
Sergey Mikhaylovich Ignatyev (; born January 10, 1948) is a prominent Russian economist, banker, and government official. He held the position of Governor of the Central Bank of the Russian Federation from 2002 until 2013. After completing his term, he continued to serve as an advisor to the Central Bank Governor up to 2022.
Before his tenure as governor, Ignatyev occupied several significant roles within the government: Deputy Minister of Economy and Finance (1991–1992), Deputy Governor of the Central Bank (1992–1993), Deputy Minister of Economy (1993–1996), and First Deputy Minister of Finance (1997–2002). He has been awarded the federal state civilian service rank of 1st class Active State Councillor of the Russian Federation.
First Deputy Finance Minister of Russia
Between September 13, 1996, and April 5, 1997, Ignatyev acted as an economic advisor to President Boris Yeltsin. Subsequently, from April 1997 through March 2002, he occupied the role of First Deputy Finance Minister of Russia.
Governor of Central Bank of Russia
Ignatyev served as Governor of the Central Bank of Russia from March 20, 2002, until June 24, 2013. His successor in this role was Elvira Nabiullina.
During his governorship, his deputy responsible for bank oversight, Andrei Kozlov, was murdered on September 14, 2006, following his exposure of a significant illegal money laundering operation. Gennady Melikyan succeeded Kozlov but resigned in September 2011.
2012 illegal money laundering in Russia
On February 20, 2013, Ignatyev disclosed that $49 billion had been funneled through networks of shell companies controlled by a single entity throughout 2012. This illicit outflow amounted to roughly 2.5% of Russia's GDP. Over a span of three years, these short-lived firms extracted approximately 760 billion rubles from the national economy. Ignatyev stressed that by focusing on dismantling such shell companies and blocking asset misappropriation, Russian banks could largely eliminate questionable transactions.
Sberbank
Sergey Ignatyev stepped down from the supervisory board of Sberbank in February 2022.
External links
- http://cbr.ru/eng/today/directors_board/print.asp?file=ignatiev.htm - Biography of S. Ignatyev