The University of Latvia will deprive Aven of his honorary doctorate

Petr Aven received an honorary doctorate in 2013, but now the university has announced thatthat it should be withdrawn due to the situation in Ukraine Petr Aven

The University of Latvia will deprive Peter Aven, a Russian businessman and chairman of the board of directors of Alfa-Bank, who fell under EU sanctions , from his honorary doctorate . This was reported on the website of the university.

“The chairman of the Senate (the governing body of the university), Professor Kristaps Jaudzems, will convene an extraordinary meeting at which the process of depriving Russian millionaire Petr Aven of an honorary doctorate will be initiated,” the report says.

Military operation in Ukraine. Online Politics

An honorary doctorate was awarded to Aven on March 25, 2013 for "scientific and practical contribution to the development of Latvia and cooperation with Russia". Aven is also a professor at the Moscow Higher School of Economics.

“The paramount priority is to reaffirm our solidarity with Ukraine, not only in words but also in deeds. Petr Aven supported the policies of [Vladimir] Putin and Russian aggression in Ukraine, so he will lose his honorary doctorate from the University of Latvia. Reputation is the cornerstone of every university, hard to earn but easy to lose. We must act decisively,” Jaudzems said in a statement. RBC sent a request to the press service of Alfa-Bank.