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Chubais shuns portfolio

Anatoly Chubais

As a major figure on the Russian political scene since communism fell, Anatoly Chubais could be expected to play a leading role in the new government of Vladimir Putin. Chubais backed Putin for the presidency and a call to arms could be on the cards.

In London for the Russia 2000 conference in April, Chubais ruled out such a return. "First I don't think that tomorrow I will be asked to be finance minister, second I have already been finance minister, third I will say 'no'," he replied to Euromoney's questions.

Chubais is chairman of Unified Energy Systems and says his goal for the next three to five years is to turn that company into a modern operation that can compete in a liberalized Russian power sector. He says he does not currently hold any political ambitions. But then he would say that wouldn't he? Cynics might argue that he still retains influence even without a formal position.

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