Advertising

Profile: Ukraine Central Bank governor Serhiy Arbuzov

Author: Reuters All articles by this author

More about Reuters


May. 28, 2012 13:55
215 159
Chairman of the National Bank of Ukraine, Serhiy Arbuzov
Photo by donbass.ua
Position: Chairman of the National Bank of Ukraine

Incumbent: Serhiy Arbuzov
Date of Birth: March 24, 1976

Term: Appointed in December 2010. Tenure determined by the president.

Key facts:

- Arbuzov comes from Donetsk, the home region and power base of President Viktor Yanukovich.

- Arbuzov's mother Valentina Arbuzova, an experienced banker, is the chief executive of a private bank owned by Yanukovich's son, Oleksandr Yanukovich.

- Under Arbuzov, the central bank has continued the policy of maintaining hryvnia exchange rate stability, burning some of its reserves to support the currency when it came under pressure.

- Arbuzov rarely speaks to the media but regularly posts videos discussing latest economic indicators and central bank policies on the bank's website

- As Yanukovich sought to boost the slowing economy by a $3 billion spending package this year ahead of parliamentary elections, Arbuzov's central bank also softened its monetary policy, cutting the key rate for the first time since mid-2010.
Tags:


215 159

The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.

comments powered by Disqus

Read more in {{sectionName}} section

All in {{sectionName}} section

SUBSCRIBE TO KYIV POST NEWSLETTERS