Overview
- The Bank of Russia confirmed on December 4 that former chairman Sergei Dubinin has died, posting the announcement on its website.
- The statement called Dubinin an economist and statesman and conveyed condolences to his family and close ones.
- Dubinin led the central bank from 1995 to 1998 during Russia’s early post-Soviet transition.
- The bank credited his tenure with contributions to a stabilization program, the exit from early hyperinflation, and the formation of the country’s banking system.
- No cause of death or funeral details were provided in the announcement, which was reported by RIA Novosti.