Alexander Kolyandr

Is Andrei Belousov Russia’s Albert Speer?

Andrei Belousov (Credit: Getty images)

President Vladimir Putin’s appointment of the civilian economist Andrei Belousov as Russia’s defence minister in the third year of the full-scale invasion of Ukraine is bad news for Kyiv and its allies. Replacing the unpopular Sergei Shoigu with Belousov marks a clear shift in Putin’s strategy: he views the war as a battle of economic attrition. 

There is hardly anyone better suited for the job than Belousov. A Soviet-trained economist, he cut his teeth in academia before joining the government just months before Putin became prime minister in 1999. Since then, he has climbed through the ranks to become Putin’s economic advisor and, from 2020, the First Deputy Prime Minister, overseeing the country’s finances and economy.

By giving Belousov the defence ministry, Putin is telling the world that he is ready for a long, costly war

A well-mannered, well-read, suave, non-corrupt aficionado of classical music typically wearing a blue suit (the uniform of Putin’s bureaucrats), Belousov can’t be more different to the bombastic, bemedalled and uniform-clad Shoigu.

Written by
Alexander Kolyandr

Alexander Kolyandr is a researcher for the Centre for European Policy Analysis specialising in the Russian economy and politics. Previously he was a journalist for the Wall Street Journal and a banker for Credit Suisse. He was born in Kharkiv, Ukraine and lives in London.

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