Former Buba president takes job at Russian bank

The former head of Germany's Bundesbank, Ernst Welteke, who resigned in April last year after criticism for accepting a free hotel stay from a commercial bank, has been appointed independent board member at a bank in southern Russia, Russian media reported Friday.

Welteke was invited in November to Tsentr-invest , which ranks 118 in Russia by capital, and was elected to the board at a shareholders meeting this week the business daily Vedomosti reported, citing a statement released by the bank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: