Putin Ally Alexei Kudrin Set to Run Tech Giant Yandex – Reports

INSUBCONTINENT EXCLUSIVE:
Alexei Kudrin, a longtime ally of President Vladimir Putin, is expected to assume a leadership position in the restructuring of Russian tech
its new structure, several reports indicated earlier this week
from the Yandex group's board in June after being targeted by EU sanctions over the war in Ukraine.The transfer of Russian technology
N.V
business would be transferred to management.Putin met Kudrin late on Thursday to agree on his new leadership role at Yandex, according to
complication would complicate his immediate transfer to the new post.The state-run RIA Novosti and TASS news agencies, citing unnamed
sources, both reported Friday that Kudrin would take up his new position by the end of 2022.Kudrin has maintained close ties with Putin
since the 1990s, when they both worked for St
Petersburg's mayor, Anatoly Sobchak
Considered to be one of the only economic liberals trusted by Putin, Kudrin served as finance minister for more than a decade in the
mid-2000s
government-controlled VK group, which owns the country's largest social network, VKontakte.The anticipated overhaul comes three years after
foreign control.Both Kudrin and Volozh privately oppose the war in Ukraine, according to people close to the figures cited by the FT
Volozh lives in Israel and has not returned to Russia since the invasion of Ukraine began.