Viyuygin to take up post at Russian regulator

Russian Prime Minister Mikhail Fradkov on Wednesday (24 March) appointed Oleg Vyugin, deputy chairman of the Russian central bank, as chairman of the national securities market regulator, the government said.

Russia created the Financial Market Service this month as part of a reorganisation announced by President Vladimir Putin five days before his re-election on March 14. The new agency replaced the Federal Securities Commission and also took over some powers formerly held by the anti-monopol