Putin Reportedly Rejected Russian Central Banker’s Resignation Over Ukraine

Russian President Vladimir Putin reportedly told the country’s central bank Governor Elvira Nabiullina to stay after she sought to resign following Moscow’s order to invade Ukraine.

Just last week, Nabiullina has been nominated for another five-year term as central banker, four people close to the matter told Bloomberg News.

If the governor were to leave now, Putin would view it as an act of betrayal since she has worked with him closely for decades, the sources said.

Nabiullina has not disclosed her views on the Ukrainian situation and refused to respond to Bloomberg’s request for comment.

Meanwhile, the central bank’s press service publicly denied the claims on Wednesday, telling Russian news agency TASS that Bloomberg’s report was false.

“Information of Bloomberg agency is contrary to facts,” the Bank of Russia said.

Only one senior Russian official has quit over the war in Ukraine. Russia’s economic reformer Anatoly Chubais stepped down as Putin’s climate envoy this week and left the country, people familiar with the situation told Bloomberg.


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