Ukrainian President Viktor Yanukovych has appointed former Governor of the National Bank of Ukraine (NBU) Volodymyr Stelmakh as his adviser.
A respective decree, No.1162/2010, was posted on the official Web site of the head of state on Thursday.
Stelmakh, 71, is an honored economist of Ukraine. He headed the National Bank of Ukraine from January 2000 to December 2002 and from December 2004 until present. In 2000, he headed the NBU after former NBU Governor Viktor Yuschenko was appointed Ukraine’s prime minister.
In 2003-2004, Stelmakh led the supervisory board of Kyiv-based Brokbusinessbank. In December 2004, he replaced Sergiy Tigipko on the post of the NBU governor.
Stelmakh’s five-year term of office as NBU governor ended on December 16, 2009. However, the president earlier did not table a motion in parliament to replace the head of the National Bank of Ukraine, and Stelmakh stayed in office.
On December 23, the Ukrainian parliament dismissed Stelmakh as NBU governor under a motion submitted by the president.
