Andrey Kozlov

Andrei Andreyevich Kozlov (Russian: Андре́й Андре́евич Козло́в; January 6, 1965 – September 14, 2006) was the first deputy chairman of the Central Bank of the Russian Federation from 1997 to 1999 and again in 2002 to 2006.

Kozlov was fluent in Russian, German, and English. He was married, and had three children. Kozlov died on September 14, 2006, in Hospital No. 33 in Moscow from gunshot wounds he sustained the night before.

Kozlov was born in Moscow and served in the Soviet Army from 1983 to 1985. He then attended the faculty of international economics at Moscow Institute of Finance, where he graduated in 1989. He began working at the Soviet Union's central bank in the same year as a senior economist. He left the Bank of Russia in 1999 to work in the private sector, before returning to the Bank of Russia in April 2002.

Kozlov introduced a deposit insurance system and founded the Deposit Insurance Agency to restore public faith in the banking system after the 1998 Russian financial crisis. Kozlov prevented other banks from continuing operation by denying them access to the deposit insurance system. As head of bank supervision, Kozlov withdrew licences from banks suspected of money laundering and other crimes. In 2004, Kozlov took control of Sodbiznesbank, accusing the bank of engaging in laundering ransom money from hostage-taking. In 2006 he revoked the license of Neftyanoi Bank.

In 2005, Kommersant reported that Kozlov is "valued as a top-of-the-line professional. He is also given due credit as one of those who started the formation of the stock market in Russia." After his death, Kommersant credited Kozlov with combating "gray schemes," illegal importing practices that minimize customs duties and value-added tax payments.

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