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Former first Deputy head of VTB Puchkov replaced Rakhmanov as CEO of USC

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Image source: Пресс-служба ВТБ

Moscow. August 23. INTERFAX - Former first deputy Chairman of VTB Andrey Puchkov has been appointed General Director of the United Shipbuilding Corporation (USC), the press service of the Ministry of Industry and Trade of the Russian Federation reported.

In this position, Puchkov replaced Alexey Rakhmanov, who had been in charge of USC since 2014.

According to the Ministry of Industry and Trade, the orders on the approval of the new General Director of JSC "USC" and the new composition of the Board of Directors of the corporation were signed by the Federal Property Management Agency.

"I have approved directives to the Federal Property Management Agency on the election of Andrey Sergeevich Puchkov as the General Director of JSC USC and the composition of the Board of Directors," said Denis Manturov, Deputy Prime Minister of Industry and Trade of the Russian Federation, whose words are quoted in the message. Manturov thanked Rakhmanov "for a long fruitful work at USC."

Puchkov left his post at VTB on Wednesday in connection with the transition to another job. Earlier on Tuesday, the government nominated the head of VTB Andrey Kostin and Puchkov to the board of directors of USC. The list did not include Rakhmanov, who was a member of the council, and ex-Governor of St. Petersburg Georgy Poltavchenko (who headed the council).

Rakhmanov has been the head of USC since 2014, before his appointment to USC, he was Deputy Minister of Industry and Trade of the Russian Federation, was responsible for shipbuilding in the department, and also oversaw the automotive industry, agricultural machinery, transport engineering and a number of other areas.

As reported, Russian President Vladimir Putin held a meeting with VTB Head Andrey Kostin on August 10, at which he announced that he supported the transfer of USC to the bank. VTB will receive 100% of the shares of JSC United Shipbuilding Corporation in trust management for a period of 5 years, the relevant documents are planned to be prepared and agreed in the near future, Manturov reported.

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