The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Alexei Kudrin: Russia's leader in waiting?

Alexei Kudrin thinks he has a solution to Russia’s twin troubles: anti-Putin street protests and an oil-financed pot of state patronage that is rapidly running out. The former finance minister tells Euromoney about his programme for reform and what he is doing to see it implemented.

Alexei Kudrin is an inconspicuous apparition, arriving without entourage in a quiet restaurant in the English countryside this summer. This is, after all, someone at the very height of the Russian elite, one of president Vladimir Putin’s oldest allies.

With rumours swirling of a new rift between Putin and his protégé prime minister, Dmitry Medvedev, Kudrin is even tipped as the potential leader of an alternative, pro-market government.

The presence of Alexei Kudrin looms over his successor as Russia’s finance minister, Anton Siluanov
The presence of Alexei Kudrin looms over his successor as Russia’s finance minister, Anton Siluanov 

Over supper, near the small collegiate town of Winchester, Euromoney’s finance minister of the year for 2010 – now dean at St Petersburg State University – acts surprised at the suggestion he might be thrust into the prime minister’s role. Nevertheless, after the illiberal drift in Russia’s government since elections this March, an alternative Kudrin-led administration looks possible, and for investors, highly desirable.

Immediately after ordering food, Kudrin brings up his so-called Civic Initiative Committee.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree