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Russia elevates finance minister Siluanov to deputy PM role

Anton Siluanov has been promoted to deputy prime minister in a significant government reshuffle by Russian President Vladimir Putin. The move reflects ongoing changes in Russia's economic and political leadership structure.

LSN India · 19 October 2026

Russia elevates finance minister Siluanov to deputy PM role

Anton Siluanov, who has served as Russia's finance minister, has been elevated to the position of deputy prime minister following a cabinet reorganization announced by President Vladimir Putin. The promotion marks a notable shift in Russia's top-level government hierarchy and underscores Siluanov's growing influence within the Kremlin's economic decision-making apparatus.

Siluanov has been a key figure in Russia's fiscal policy and financial management during a period marked by international sanctions and economic challenges facing the country. His elevation to the deputy prime minister role suggests an increased focus on economic matters within the upper echelons of Russian government leadership.

The reshuffle is part of Putin's broader efforts to reshape his administration's composition. Such changes typically signal adjustments in policy priorities and the distribution of power among senior officials in Russia's government structure.

As deputy prime minister, Siluanov will have expanded responsibilities and influence over multiple ministerial portfolios, positioning him as one of the most senior figures in Russia's executive branch beyond the president himself.