Alexey Kudrin joins Yandex as part of reorganization plan
Alexey Kudrin, the former head of Russia’s Audit Chamber, has announced that he has accepted an offer to join Yandex as a corporate development advisor:
Together with the management, I will develop the new holding’s corporate structure, which will enable the company’s steady long-term growth across all markets, including the international one.
Kudrin noted that one of his main goal is “to preserve the unique management and technological culture at Yandex.”
Yandex reorganization in the news
- Deal or no deal? Yandex is looking to sell Russian assets, sources tell Meduza. The company says otherwise.
- Putin asks Federation Council to remove Alexey Kudrin as Audit Chamber head. Sources say he's transferring to Yandex.
- Federation Council dismisses Alexey Kudrin as Audit Chamber head, freeing him for Yandex pivot
Earlier, a source close to the Yandex corporate leadership told Meduza that Kudrin was going to accept a temporary, possibly advisory role in the company at first. Once Yandex is split into separate Russian and international segments, Kudrin is expected to take charge of the company’s Russian side.
In late November, Yandex confirmed its plans of splitting the company into two business, one serving the Russian market, the other working internationally.