Kazarin Valery Sergeyevich

Kazarin Valery Sergeyevich

Biography

2008-2018

From 2008 to 2014, Valery Kazarin worked as an engineer in the Main Directorate of the Central Bank for the Tambov Region. He later served as a leading engineer, and in 2016 was appointed chief expert of the Information Technology Department of the Central Bank. Kazarin headed the Department of Projects and Processes since April 2018.

2023: Appointment of the Deputy Chairman of the Central Bank of the Russian Federation

On March 1, 2023, Valery Kazarin was appointed Deputy Chairman of the Bank of Russia. He, according to the press service of the regulator, will continue to oversee the department of projects and processes of the Central Bank, and will also be directly supervised by the Procurement Department of the Bank of Russia, the Real Estate Department of the Bank of Russia and the Nudol Technology Center (which is the largest repository of confidential information of the Central Bank of the Russian Federation, consisting of documents of various orientations, types and formats).

Mikhail Balakin, deputy director of this department, has been appointed acting director of the Central Bank's projects and processes department, the Bank of Russia press service said.

Deputy Chairman of the Central Bank of the Russian Federation Valery Kazarin

On February 28, 2023, Ruslan Vesterovsky left the post of deputy chairman of the Central Bank. The regulator announced his departure on February 20, 2023, explaining this by Westerovsky's desire to "continue his career outside the Bank of Russia." He has held office since 2017.

In the Central Bank, Westerovsky oversaw the work of the Bank of Russia University, the Nudol technology center, the personnel policy department, the real estate department and the procurement department. According to the chairman of the Central Bank Elvira Nabiullina, Westerovsky's area of ​ ​ responsibility was the introduction of a transparent wage system and the introduction of the company's values. Westerovsky, among other things, was responsible for internal reforms in the Central Bank and introduced new systems for motivating employees and corporate culture.^[1]