The new nominee for the head of the Russian Central Bank has pledged continuity in the policy of the country's key monetary and fiscal institution.

      At a meeting in State Duma, Elvira Nabiullina focused on confidence as the fundamental condition for a sustainable banking sector.

      However, the former Economic Development Minister also promised changes to address emerging challenges.

      Nabiullina's nomination was submitted on March 20, 2013 but the date of the vote on her candidacy has not been announced yet.