Overview
Anatoly Borisovich Chubais (; born 16 June 1955) is a Russian politician and economist who was responsible for privatization in Russia as an influential member of Boris Yeltsin's administration in the early 1990s. During this period, he was a key figure in introducing a market economy and the principles of private ownership to Russia after the fall of the Soviet Union. He has the federal state civilian service rank of 1st class Active State Councillor of the Russian Federation.
From 1998 to 2008, he headed the state-owned electrical power monopoly RAO UES. A 2004 survey conducted by PricewaterhouseCoopers and the Financial Times named Chubais the world's 54th most respected business leader. He was the head of the Russian Nanotechnology Corporation (RUSNANO) in 2008–2020. He was a member of the Advisory Council for JPMorgan Chase from September 2008 until 2013. From December 2020, he served as a special envoy of the Russian president for relations with international organisations.
On 23 March 2022, Chubais resigned from his position of special envoy and left Russia due to his opposition to the Russian invasion of Ukraine, according to media reports. He is the highest ranked Russian figure to resign due to the invasion.
Early life
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