“I know the news will be unexpected, but, of course, this is not a spontaneous decision: I am moving to a new job,” Volkov wrote on his Telegram channel.

From October 3 to December 5, 2018, Volkov served as Acting Mayor of the city of Yaroslavl, holding the post of Deputy Mayor of the city of Yaroslavl for urban planning.

On December 5, 2018, he was elected by the deputies of the municipality of the city of Yaroslavl to the post of mayor of the city of Yaroslavl.

Earlier it was reported that Mikhail Alekseev, Deputy Chairman of the Bank of Russia, was leaving his post on June 1.