Alexander Voloshin, chairman of Russia's metals giant Norilsk Nickel, was officially included in a presidential council for financial markets on Tuesday by a presidential decree.
In mid-2008, Russian President Dmitry Medvedev discussed the necessity of establishing a global financial center in Moscow.
In April 20, 2010, Medvedev instructed the presidential council for financial markets and the Moscow government to work out a plan to establish the center by June 1 this year.
Voloshin, who worked under Boris Yeltsin as his chief of staff, was appointed head of the project group under the presidential council for financial markets. The project group is to oversee and coordinate Russia's efforts on creating the center.
The Russian president believes turning Moscow into a global financial center as well as establishing the ruble into a leading regional reserve currency is central to building a competitive financial system in Russia.
MOSCOW, May 18 (RIA Novosti)