Ruslan Demchak

Ruslan Demchak (Ukrainian: Руслан Євгенійович Демчак; DOB: July 5, 1974, Lypovets, Vinnytsia Region) is a Member of Parliament of the Ukraine of the VIII convocation. Ruslan Demchak is also a Deputy Chairman of the Financial Policy and Banking Committee of Verkhovna Rada of Ukraine and a Member of the political party "Petro Poroshenko Bloc".

Ruslan Demchak
Personal details
Born (1974-07-05) July 5, 1974
Lypovets, Vinnytsia Region, Ukraine
CitizenshipUkraine
NationalityUkraine
Political partyPetro Poroshenko Bloc "Solidarity" (2014–present)
Residence Ukraine
Alma materNational Transport University
Websitedemchak-ruslan.com.ua

Biography

After graduating from school in 1991, Ruslan Demchak entered the Ukrainian Transport University, where he studied Mechanical Engineering until 1996. In 1997 Ruslan Demchak started his distance studies of Accounting and Audit at Interdisciplinary Institute of Management. In 2001 he was awarded an Economist diploma.

During 2001–2005 years Mr Demchak studied at the National Academy of Public Administration, where he completed his master's thesis "State regulation of the stock market of Ukraine" at the department of economic theory and economic history and was awarded a Doctoral Candidate Degree in Public Administration.

From October 2009, Ruslan Demchak started his PhD at the National Institute for Strategic Studies. His thesis subject is "Fiscal decentralisation as a factor of economic security of the state."

From December 2010, Ruslan Demchak became a Chairman of the Federation of Employers of Kyiv (FEK).[1] At the moment the FEK consist of 22 local and industry organisations of employers that bring together over 3,000 of legal entities and public organisations, which employ more than 150 000 people in Kyiv.

In November 2014, Ruslan Demchak was elected[2] as the Member of Parliament of the Ukraine (Verkhovna Rada of Ukraine) and the Deputy Chairman of the Financial Policy and Banking Committee of Parliament of the Ukraine[3] (Verkhovna Rada of Ukraine).

Activities

Ruslan Demchak started his business in the stock market in 1997. Ruslan Demchak founded Corporation «Ukrainian Business Group» (multinational holding company). In 2011 he transferred the control of the UBG Corporation to the employees of the organization in order to participate in public activities.

Today all enterprises of UBG Corporation introduce the principles of modern corporate governance. The Corporation continuously improves employees’ skills through internal and external training and introducing various motivational and personnel programmes. The enterprises also have an established system of quality control.

UBG Corporation is the centre of changes, the focus of creativity and generation of ideas, which introduces and implements innovations. UBG modernises businesses and creates new progressive businesses from old companies.

The UBG Corporation Management has considerable experience in managing businesses in various industries including finance, manufacturing, medical services, agriculture, media and information technology sectors.

In 2011 Ruslan Demchak established a representative office of UBG Corporation in London, Ukrainian Business Centre in London (UBCL).[4]

Ruslan Demchak is also actively engaged in other public activities. In 2010 he became a Chairman of the Federation of Employers (FEK) of Kyiv.

References

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