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Serhiy Tihipko, a prominent Ukrainian politician and finance specialist born on February 13, 1960, in Moldavian SSR, has significantly influenced Ukraine's political and economic landscape. With a career spanning from the Governor of the National Bank of Ukraine (2002-2004) to Vice Prime Minister and Minister of Economics, Tihipko's journey reflects his deep involvement in Ukraine's development. Despite unsuccessful bids for the presidency in 2010 and 2014, securing 13.05% and 5.23% of votes respectively, his advocacy for balanced relations with Russia and the West, alongside his stance on EU and NATO membership, showcases his pragmatic approach to Ukraine's geopolitical positioning. Additionally, Tihipko's banking career, including his role in transforming Privatbank into a leading Eastern European bank and recent leadership at TAScombank, underscores his significant impact on Ukraine's financial sector.
February 13, 1960 in Drʳʳʾʳʾneʹti, Săngerei District, Moldavian SSR, Soviet Union
66 years
Banking, Agriculture
Diversified
Ukraine
Kiev
Diploma, Dniepropetrovsk Metallurgical Institute
Natalya Tigipko (Married: 1981; Divorced: 2004), Viktoriya Tigipko (Married: 2005)
Anna (born 1984) and three other children from second marriage
Serhiy Tihipko was born on February 13, 1960, in Drăgănești, Sîngerei, Moldavian SSR (present-day Moldova). He grew up in a suburb of Chișinau and moved to Dnipropetrovsk, Ukrainian SSR (present-day Ukraine), at the age of 17.
Serhiy Tihipko: Education, Army, and Komsomol
Tihipko graduated in engineering-metallurgy from the Dnipropetrovsk Metallurgical Institute in 1982. He then served in the Soviet Army in a tank regiment from 1982 to 1984. After completing his military service, Tihipko developed a career in Komsomol, the youth arm of the Communist Party of the Soviet Union. He rose through the ranks and became the First Secretary of Dnipropetrovsk Komsomol regional organization from 1986 to 1989 and the First Secretary of Dnipropetrovsk regional committee of the All-Union Leninist Young Communist League from 1989 to 1991.
Serhiy Tihipko: Banking Career (1991-1997)
In 1991, Tihipko transitioned from politics to banking. He became the Deputy Chairman of Dnipro Bank and served in that role until 1992. He then joined Privatbank, one of the largest private banks in Eastern Europe, and rose to become the Chairman of the Board until 1997. Under Tihipko's leadership, Privatbank experienced significant growth and became a major player in the Ukrainian banking sector.
Serhiy Tihipko: Politics Again (1994 onwards)
In 1994, Tihipko returned to politics as a non-staff consultant on monetary policy to President Leonid Kuchma. He later served as an advisor to Kuchma in the lead-up to the introduction of the national currency, the Hryvnia, in 1996. Tihipko's political career continued to rise, and he was appointed as Minister of Economics from 1997 to 1999. In 2000, he was elected into parliament and became the leader of Labour Ukraine.
Tihipko's political influence grew further when he was appointed as Governor of the National Bank of Ukraine from 2002 to 2004. He also played a significant role in the 2004 presidential election as the chairman of the election campaign for presidential candidate Viktor Yanukovych.
Serhiy Tihipko: Ukrainian Presidential Election, 2010
In November 2009, Tihipko was elected leader of the party Strong Ukraine.
He declared his team's participation in the 2014 Kyiv local election and ran as a candidate for President of Ukraine in the 2010 presidential election. However, he was defeated in the first round, receiving 13.05% of the vote, and did not endorse a candidate for the run-off of the election.
Serhiy Tihipko: Political Career after 2010 Presidential Election
Despite his defeat in the presidential election, Tihipko continued to play a role in Ukrainian politics. In March 2010, he was appointed as one of six deputy Prime Ministers in the Azarov Government, responsible for economic issues. He later became Vice Prime Minister of Ukraine – Minister of Social Policy.
In 2012, Strong Ukraine and the Party of Regions teamed up and eventually merged. Tihipko was elected Party of Regions deputy chairman and member of the Party of Regions political council. He was re-elected into parliament on the party list of Party of Regions in 2012. However, in February 2014, he was one of the 36 members of the Party of regions faction who voted in favor of the impeachment of President Viktor Yanukovych.
Serhiy Tihipko: Ukrainian Presidential Election, 2014
Tihipko decided to run for President of Ukraine again in the 2014 presidential election. He self-nominated his candidacy and declared the biggest income to the Ukrainian election Committee. However, he was expelled from the Party of Regions in April 2014 and re-established the Strong Ukraine party, becoming its party leader once again. In the 2014 presidential election, Tihipko received 5.23% of the vote, ranking 5th among all candidates.
Serhiy Tihipko: Career after 2014 Presidential Election
After the 2014 presidential election, Tihipko headed the national list of Strong Ukraine in the 2014 Ukrainian parliamentary election but was not elected into parliament.
Serhiy Tihipko: Banking 2015 onwards
In May 2015, Tihipko was appointed head of the supervisory council of TAScombank. In December 2017, he bought a controlling stake in Russian Sberbank's Ukrainian subsidiary and merged it with TAScombank.
Serhiy Tihipko: Political Positions
Tihipko advocates for constructive relations with both Russia and the West.
He believes Ukraine is not yet ready for EU or NATO membership and should focus on forming a unified government. He supports European integration in the long term and supports the legalization of prostitution and privatization of Ukraine's gas-pipeline system. Tihipko opposes the seizure of the pipeline by Russia and intends to make Russian a second state language if he wins the 2014 Ukrainian presidential election. He also advocates for decentralization and Ukraine's non-aligned status.
Serhiy Tihipko: Family and Private Life
Tihipko was married to Natalia Tihipko from 1981 to 2004, with whom he has one daughter, Anna. In 2004, he married Viktoriya Tigipko, who is the President of the Odesa International Film Festival and a successful businesswoman. They have three children together, born in 2002, 2005, and 2008.
Serhiy Tihipko: Trivia
Serhiy Tihipko was born in Drăgănești, Sângerei, Moldavian SSR.
Graduated in engineering-metallurgy from the Dnipropetrovsk Metallurgical Institute.
Served in the Soviet Army in a tank regiment.
First Secretary of Dnipropetrovsk Komsomol regional organization.
First Secretary of Dnipropetrovsk regional committee of the All-Union Leninist Young Communist League.
Deputy Chairman of Dnipro Bank.
Chairman of the Board of the commercial bank Privatbank.
Non-staff consultant on monetary policy to President Leonid Kuchma.
Advisor to Kuchma in the lead-up to the introduction of the national currency, the Hryvnia.
Minister of Economics.
Elected into parliament and became leader of Labour Ukraine.
Governor of the National Bank of Ukraine.
Chaired the election campaign for presidential candidate Viktor Yanukovych.
Temporarily left Ukrainian politics to build up a bank, which he later sold to Swedbank group for nearly $1 billion.
Elected leader of the party Strong Ukraine.
Candidate for President of Ukraine in the 2010 presidential election.
Appointed as one of six deputy Prime Ministers in the Azarov Government.
Strong Ukraine and Party of Regions teamed up and eventually merged.
Re-elected into parliament on the party list of Party of Regions.
One of the 36 members of the Party of regions faction who voted in favor of the impeachment of President Viktor Yanukovych.
Self-nominated candidate for President of Ukraine in the 2014 presidential election.
Expelled from the Party of Regions.
Re-established the Strong Ukraine party and became its party leader again.
Headed the national list of Strong Ukraine in the 2014 Ukrainian parliamentary election but was not elected into parliament.
Appointed head of the supervisory council of TAScombank.
Bought a controlling stake in Russian Sberbank's Ukrainian subsidiary and merged it with TAScombank.
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