Ex-Defense Minister may become next Rostech Deputy CEO

Ex-Defense Minister may become next Rostech Deputy CEO
Anatoly Serdyukov

Anatoly Serdyukov has made quite a career at Rostekhnologii (Rostech) and may soon become Sergei Chemezov’s Deputy.

Anatoly Serdyukov, who had left the Defense Minister’s post with a scandal may become the next Rostech Deputy CEO, reported Kommersant citing sources in the government. Yesterday’s changes in the Ministry of Defense and the Federal Service for Military and Technical Cooperation (FSMTC) should be seen as the end of "the first step to update MTC system management team." Let us recall that Russian President Vladimir Putin appointed Aleksandr Fomin (former FSMTC CEO) as the Deputy Defense Minister. Dmitry Shugaev, the Rostech Deputy CEO, took his place. There is no official information yet as to who is going to be next Sergei Chemezov’s Deputy.

Anatoly Serdyukov began his career in Rostech after he was convicted and then pardoned for negligence in a case of multi-billion dollar thefts in the Defense Ministry. In November 2013, he was appointed CEO of the Federal Research and Testing Engineering Center (FRTEC, JSC), and a year later he became adviser to the First Deputy CEO of the state corporation. In 2015 he was appointed Industrial Director of Rostech Aviation Complex and board member of United Engine Corporation (UEC), also part of the state holding company. Then the former Minister of Defense became a member of the Board at Rostech in October 2016.

Soon he may replace Sergei Chemezov in the board of directors of the United Aircraft Corporation (UAC). According to the Kommersant, the name of Anatoly Serdyukov is listed among the Russian candidates for the UAC Council that the Ministry of Economy tabled in January.

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