From Investing.com: 2024-05-12 15:30:30

Russian President Vladimir Putin has nominated Andrei Belousov, a civilian with an economic background, as the new defense minister, replacing long-standing ally Sergei Shoigu. Shoigu will become the secretary of Russia’s Security Council. The shake-up comes amidst the Ukraine war and aims to ensure effective defense spending. Valery Gerasimov remains as the chief of Russia’s General Staff, while veteran foreign minister Sergei Lavrov keeps his job. The move is seen as a shift towards more civilian oversight of the military and aligning defense spending with overall interests to achieve victory on the battlefield.



Read more at Investing.com: Russia’s Putin proposes moving defence chief Shoigu in surprise reshuffle By Reuters