Investors council to be set up after meeting with Putin, RDIF CEO to be executive secretary - source

Interfax, 12.03.2020

MOSCOW. March 12 (Interfax) - A council of investors will be created following the meeting that President Vladimir Putin held with investors on Wednesday, a source familiar with the results of the meeting told Interfax.

Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev will be appointed executive secretary of the council, which will also include other investors who did not attend the meeting, the source said.

Putin's meeting with Russian investors on Wednesday was attended by Dmitriev, as well as Altera Capital managing partner Kirill Androsov; RTP Global founder Leonid Boguslavsky; Yandex (MOEX: YNDX) cofounder and CEO Arkady Volozh; Almaz Capital Partners founder and managing partner Alexander Galitsky; VTB (MOEX: VTBR) senior vice president Yury Solovyev; Prime Minister Mikhail Mishustin; and Kremlin aide Maxim Oreshkin.

The Russian authorities will do everything it can to create favourable conditions for investors to work in, including freeing them of possible pressure from administrative and law enforcement bodies, Putin said at the meeting.