Volodymyr Stelmakh

Volodymyr Stelmakh (born January 18, 1939, Oleksiivka, Sumy Oblast) — banker, economist (Candidate of Science (PhD) in Economics[1]), politician and Governor of the National Bank of Ukraine from January 21, 2000 – December 17, 2002 and December 16, 2004 – December 23, 2010.[2]

Volodymyr Stelmakh Володимир Стельмах
6th Governor of the National Bank of Ukraine
In office December 16, 2004 – December 23, 2010
Preceded by	Sergiy Tigipko
Succeeded by	Serhiy Arbuzov
4th Governor of the National Bank of Ukraine
In office January 21, 2000 – December 17, 2002
Preceded by	Viktor Yushchenko
Succeeded by	Sergiy Tigipko
Personal details
Born	(1939-01-18) 18 January 1939[1] Aleksandrivka (Velikopisarivskij district), Sumy Oblast, Ukrainian SSR[1]
Occupation	Statesman and prominent banker
Awards
Signature

In February 2010 he was awarded the Order of Yaroslav the Wise (second degree).[2]

Governor of the National Bank of Ukraine

From January 2000 to January 2003 Stelmakh served his first turn as Governor of the National Bank of Ukraine (NBU)[1][3] According to Stelmakh, one of the main initiators of his resignation was the then Prime Minister of Ukraine Anatoliy Kinakh who wanted to cover the lack of revenue to the State budget-2002 by printing more money. As head of the NBU he stated he was categorically against such a step, because it was fraught with a jump in inflation.[1]

On December 16, 2004 Stelmakh was again appointed the Governor of the NBU[4]

During the 2007 Ukrainian parliamentary election Stelmakh was placed number 28 on the electionlist of Our Ukraine–People's Self-Defense Bloc. However, Stelmakh refused the deputy mandate in favor of his post at the NBU.[1]

References

1. (in Russian) Владимир Стельмах, file.liga.net
2. "Yuschenko awards Hero of Ukraine title to member of parliament Hryhoriy Omelchenko". Kyiv Post. February 18, 2010. Archived from the original on June 12, 2012. Retrieved February 18, 2010.
3. "Parliament sacks Central Bank chief". Kyiv Post. December 18, 2002. Archived from the original on June 12, 2012. Retrieved February 18, 2010.
4. Board of the National Bank of Ukraine Archived 2010-08-06 at the Wayback Machine, National Bank of Ukraine (February 18, 2010)

Political offices
Preceded by Viktor Yushchenko	Chairman of the National Bank of Ukraine 2000–2002	Succeeded by Sergiy Tigipko
Preceded by Sergiy Tigipko	Chairman of the National Bank of Ukraine 2004–2010	Succeeded by Serhiy Arbuzov