Andrey Klepach Leaves VEB.RF Chief Economist Role

Andrey Klepach has left the position of chief economist at VEB.RF.

Consensus

Andrey Klepach has been removed from his position as chief economist of VEB.RФ.
The departure was confirmed by Klepach himself on August 16, 2026.
A successor has been identified, though the name remains undisclosed.
Klepach stated he has no current plans for new employment.
The official position of VEB.RФ was not aligned with Klepach's public views.
Klepach held the role from 2014 until August 2026.

Points of divergence

A report from The Moscow Times with quotes from a May speech by the economist circulated widely in Russian media. — tg_radiosvoboda
Sources within Vedomosti link Klepach's departure to his public assessments of economic and political developments that diverged from the corporation's stance. — kommerstant
Klepach had been conducting independent analytical work for some time, with VEB.RФ not acting as a client. — vesti
A colleague stated that Klepach's departure was due to personal, sharp evaluations of economic and political conditions that conflicted with the corporation’s position. — vm
Klepach was appointed head of the research department at the Central Bank in 1998 and held various high-level government roles before joining VEB.RФ. — fontanka

Coverage (7 sources)

Andrey Klepach, chief economist of the corporation "VEB.RF" (until 2018 - Foreign Economic Bank), was fired from his post. Earlier in Russian media... — Радио Свобода
Vedomosti reported on the dismissal of Klepach from the post of chief economist of VEB.RF — Коммерсантъ
Andrey Klepach confirmed his departure from the post of chief economist of VEB.RF — Вести
Andrey Klepach left the position of chief economist of VEB.RF — Вечерняя Москва
Klepach left the post of chief economist of VEB.RF — Вести
Andrey Klepach left the position of chief economist of VEB.RF — Фонтанка
Andrey Klepach left the post of chief economist of VEB.RF — Ведомости

Key entities

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