President Vladimir Putin named deputy finance minister Maxim Oreshkin as Russia’s new economy minister on Wednesday, two weeks after the post’s previous holder was detained and accused of bribery.
Alexei Ulyukayev, the ex-economy minister, was accused of trying to extort a bribe from Russian oil major Rosneft, an allegation he denies. He is currently under house arrest.
Oreshkin, his 34-year-old replacement, joined the finance ministry in 2013 as the head of the strategic planning department and became a deputy finance minister in March 2015.
He was not on a shortlist of candidates being circulated by Russian state media.
Putin, who has fired a raft of officials this year to make way for a new generation, praised Oreshkin as a young and efficient expert.
Oreshkin told Putin his main task…