People: Bank of Russia replaces retiring deputy; Subbarao goes to Singapore

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Russia: The head of the Central Bank of Russia's legal department, deputy governor Sergey Golubev, has retired – leading to two new senior appointments at the central bank.

Vasily Pozdyshev, currently head of the banking regulation department, is promoted to deputy governor in charge of banking regulation and banking supervision. Alexey Guznov is the new head of the legal department. Both appointments were announced today, and are effective from May 5, 2014.

In a statement, the Bank of Russia's

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