CORRECT&UPDATE: Putin dismisses VEB CEO Dmitriyev, appoints Gorkov

(Corrects Dmitriyev’s term of service in second paragraph to say that he had been CEO for 12 years, not 19; adds details in last paragraph)

MOSCOW, Feb 26 (PRIME) -- Russian President Vladimir Putin has signed a decree to dismiss Vladimir Dmitriyev from his CEO post at Vnesheconombank (VEB) and appointed Sergei Gorkov, a deputy chairman of the executive board of biggest bank Sberbank, as new VEB CEO, the Kremlin said in a statement Friday.

Dmitriyev had been VEB’s CEO for the past 12 years. Now VEB is close to a default, and the government has to find 1.3 trillion rubles to redeem its debts until 2020.

Sberbank said in a statement that Svetlana Sagaidak will be acting head of the international operations unit of the bank, Gorkov’s previous position, until the bank’s supervisory board elects a new member of the executive board.

(76.3929 rubles – U.S. $1)

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