Serhiy Marchenko Explained

Serhiy Marchenko
Native Name Lang:uk
Office:Minister of Finance
President:Volodymyr Zelenskyy
Primeminister:Denys Shmyhal
Term Start:30 March 2020
Predecessor:Ihor Umansky
Birth Date:24 January 1981
Birth Place:Makariv, Ukrainian SSR, Soviet Union
Education:Academy of the State Tax Service of Ukraine
Occupation:Economist
Politician
Party:Independent

Serhiy Mykhailovych Marchenko (Ukrainian: Сергій Михайлович Марченко; born 24 January 1981[1]) is a Ukrainian economist and politician currently serving as Minister of Finance of Ukraine since 30 March 2020.[2] [3] Previously, he has served as Deputy Minister of Finance of Ukraine from 2016 to 2018 and as Deputy Head of the Presidential Administration of Ukraine from 2018 to 2019.

Early life and education

In 2002 Marchenko graduated from the State Tax Service Academy with the Master's degree in Public Finance Management (diploma with honours, the President of Ukraine scholar in 2001–2002).

In 2009 Marchenko obtained a PhD degree in economics (Candidate of Economic Sciences).[4]

Career

Starting from 2002 Marchenko worked on several positions in the Ministry of Finance, State Tax Administration, Finance and Banking Committee and the Secretariat of Cabinet of Ministers.

In 2011 Marchenko participated in the Management and Leadership Program at Harvard Kennedy School, and he began his work at the Presidential Coordination Center of Reforms Implementation. He participated in Budget Code development. The Code was adopted in 2014. This Code is important particularly because of fiscal decentralization reform. Mr. Marchenko coordinated the preparation of a package of legislative bills aimed at changing the budgeting and improvement of autonomy of healthcare institutions.

Starting 2014, he worked as an expert for Bendukidze Free Market Center and developed a concept of the Program of Leadership in Public Finance and then implemented it with Kyiv school of economics in 2015–2016.[5]

From 2016 to 2018 he worked as Deputy Minister of Finance.[6] [7]

From 2018 to 2019 Marchenko held the position of Deputy Head of the Presidential Administration.[8] [9]

In the 2019 Ukrainian parliamentary election Marchenko was number 7 on the election list of the party Ukrainian Strategy of Groysman.[10] The party failed to win any seats.[11]

Member of the NSDC since 7 April 2020.[12]

On 30th Match 2020 was appointed as a Minister of Finance of Ukraine.[13]

In July 2020 as a Minister of Finance he was ranked No. 4 in Top-40 most influential young politicians in Ukraine according to Correspondent magazine.[14]

In 2023, Marchenko is Chairman of the Board of Governors of the International Monetary Fund and the World Bank.[15]

Since 26th January 2023, Marchenko is co-chairman of the Multi-Agency Donor Coordination Platform for Ukraine. [16]

Other activities

Personal life

Marchenko is married and has two children.[18]

He is interested in triathlon, participated in three starts of Ironman 70.3 or "Half Ironman" (1.9 km of swimming, 90 km of cycling and 21 km of running), two of them – in Turkey and Finland – he finished successfully. In Portugal, he was injured during a cycling and therefore could not finish the distance.[19]

See also

Notes and References

  1. Web site: Марченко Сергей Михайлович. LB.ua. 15 April 2020. ru.
  2. Web site: Olga Rudenko . 29 March 2020 . Serhiy Marchenko to replace Ihor Umansky as finance minister; health minister quits . . 15 April 2020.
  3. Web site: Marchenko appointed as deputy head of Presidential Administration. Ukrinform. 31 August 2018. 15 April 2020.
  4. Web site: Науковці України. irbis-nbuv.gov.ua. 15 April 2020. uk.
  5. Web site: Kitsoft. Cabinet of Ministers of Ukraine – Персона. 20 July 2020. www.kmu.gov.ua. en.
  6. Web site: Про призначення Марченка С. М. заступником Міністра фінансів України. Cabinet of Ministers of Ukraine. 15 April 2020. uk.
  7. Web site: Про звільнення Марченка С. М. з посади заступника Міністра фінансів України. Cabinet of Ministers of Ukraine. 15 April 2020. uk.
  8. Web site: Decree of the President of Ukraine № 266/2018. Office of the President of Ukraine. 15 April 2020. uk.
  9. Web site: Decree of the President of Ukraine № 293/2019. Office of the President of Ukraine. 15 April 2020. uk.
  10. /(website has automatic Google Translate option) Short biography of Serhiy Marchenko, LIGA
  11. https://en.interfax.com.ua/news/general/605571.html Servant of the People Party wins 124 mandates on party ticket in Rada elections
  12. Web site: Decree of the President of Ukraine № 133/2020. Office of the President of Ukraine. 15 April 2020. uk.
  13. Web site: Три внеочередных заседания за день. Рада сменила двух министров, отправила Коломойского в "нокдаун" и приняла антикоронавирусные законы. 20 July 2020. nv.ua. ru.
  14. Web site: 40 до 40. Рейтинг влиятельных молодых политиков. 20 July 2020. korrespondent.net. ru.
  15. Web site: Ukraine's Marchenko to chair IMF, World Bank governing boards in 2023. 2022-10-14. reuters.com.
  16. Web site: Ukraine Donor Coordination Platform Steering Committee. 2023-01-26. whitehouse.gov/.
  17. https://thedocs.worldbank.org/en/doc/45fc8267f59fdf50a364f6538c2817e7-0330032021/original/BankGovernors.pdf Board of Governors
  18. Web site: PEP: Профіль: Марченко Сергій Михайлович, Міністерство фінансів України, Міністр. 20 July 2020. PEP.org.ua. uk.
  19. Web site: На що витрачає гроші міністр фінансів – інтерв'ю з Сергієм Марченком. 20 July 2020. www.segodnya.ua. uk.