Russian Central Bank chief Elvira Nabiullina has been dropped from the speaker lineup at the St. Petersburg International Economic Forum, RBC reported, citing sources close to the Central Bank.
The sources offered no explanation for her absence.
Update: A source close to a Russian state corporation told the business daily Vedomosti that Nabiullina withdrew from the St. Petersburg forum to attend the funeral of her adviser at the Central Bank, Alexey Mozhin, who represented Russia as an executive director at the International Monetary Fund from 1996 to 2024. Mozhin died on June 3, 2026, on the eve of his 70th birthday.
Nabiullina was initially expected to appear on two panels: “How to Return to a Trajectory of Sustainable Economic Growth Amid Global Uncertainty” and “Cyber Fraud: Who Foots the Bill?”
Elvira Nabiullina’s third term as head of the Central Bank expires in 2027, when under current law she is required to step down. Journalists at The Bell named deputy head of the presidential administration Maxim Oreshkin, Promsvyazbank chairman Pyotr Fradkov, and VTB head Andrei Kostin as her most likely successors, though the outlet’s sources also said “the law can always be changed.”
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