The Central Bank of Russia announced that Irina Petrova will retire on 15 April 2025 as Head of the Bank of Russia North-Western Main Branch, and that her deputy, Pavel Shaptala, will succeed her. Petrova spent her career at the Bank of Russia, representing it in industrial regions including the Leningrad and Kaliningrad Regions, and later in the Urals and the North-West. Governor Elvira Nabiullina highlighted Petrova’s role in advancing innovations and proposals that became best practices, and her contribution to developing the modern profile of the Bank’s regional branches and its research activities.