Viktor Yushchenko

Viktor Andriyovych Yushchenko (Ukrainian: ?????? ?????????? ??????) (born 23 February 1954) is the President of Ukraine. As leader of the Our Ukraine (Nasha Ukrayina) political coalition, he was the main opposition candidate in the October–November 2004 Ukrainian presidential election. Ukraine's Central Election Commission declared him the winner of the 26 December 2004 re-run of the runoff election, by 52% to 44% over Viktor Yanukovych. Yushchenko had previously served as the chairman of the country's central bank from 1993 to 1999 and as the Prime Minister of Ukraine from 1999 to 2001.

Central banker

In 1993, Yushchenko was invited by Vadym Hetman to work in the newly-formed National Bank of Ukraine (Ukraine's central bank). After Hetman's resignation in 1993, Yushchenko was appointed the head of the supervisory board of the Bank. Later, in 1997, he was reappointed as the head of the Bank by the parliament.

Related Topics:
1993 - Vadym Hetman - National Bank of Ukraine - Central bank - 1997

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As a central banker, Yushchenko played an important part in the creation of Ukraine's national currency, the hryvnia, and the establishment of a modern regulating system for commercial banking. He also successfully overcame a debilitating wave of hyper-inflation that hit the country and managed to defend the value of the currency following the 1998 financial crisis in Russia.

Related Topics:
Ukraine - Currency - Hryvnia - Banking - Hyper-inflation - 1998 - Russia

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