20 January 2018, Saturday, 6:12

Deputy heads leaving Belarusian National Bank

Mikalai Luzhin, the first deputy chairman of the board of the Belarusian National Bank, has submitted his resignation letter.

This information was confirmed for TUT.BY by several sources.

“Yes, he wrote a resignation letter,” a source close to Luzhin said refusing to comment on his possible new job. “There are rumours that Mr Luzhin will soon quit [the National Bank],” two officers of the country's central bank said.

However, there are different opinions on Luzhin's new job. Most sources call banks with Russian funds.

At the end of 2012, Alyaksandr Lukashenka signed decree No. 558 relieving Uladzimir Syanko of his duties as a member of the board of the National Bank. The decree reads that Syanko was relieved of his duties “in accordance with clause 11 of article 84 of the Constitution of the Republic of Belarus … on his own accord”. He later resigned as deputy chairman of the board of the National Bank. Syanko is reported to work in BPS Sberbank. Bank's press service declined to comment on the information.

The situation is becoming even more intriguing taking into account that two former deputy chairmen of the board of the Belarusian National Bank headed Belarusian subsidiaries of Russian state-run banks in 2010. Pavel Kalaur became chairman of the board of Bank BelVEB. Vasily Matyusheuski heads BPS-Sberbank.