Serhiy Marchenko

{{Family name hatnote|Mykhaylovych|Marchenko|lang=Eastern Slavic}}

{{Infobox officeholder

| name = Sergii Marchenko

| native_name = {{nobold|Сергій Марченко}}

| native_name_lang = uk

| image = Serhiy Marchenko (Sergii Marchenko), Ukrainian Finance Minister in 2024 (cropped).jpg

| caption = Marchenko in 2024

| office = Minister of Finance

| president = Volodymyr Zelenskyy

| primeminister = Denys Shmyhal

| term_start = 30 March 2020

| term_end =

| predecessor = Ihor Umansky

| successor =

| birth_date = {{birth date and age|1981|01|24|df=y}}

| birth_place = Makariv, Ukrainian SSR, Soviet Union

| education = Academy of the State Tax Service of Ukraine

| occupation = Economist
Politician

| party = Independent

}}

Sergii Mykhailovych Marchenko ({{langx|uk|Сергій Михайлович Марченко}}; born 24 January 1981{{cite web|url=https://lb.ua/file/person/4470_marchenko_sergey_mihaylovich.html|title=Марченко Сергей Михайлович|work=LB.ua|accessdate=15 April 2020|language=ru}}) is a Ukrainian economist and politician currently serving as Minister of Finance of Ukraine since 30 March 2020.{{cite web |author=Olga Rudenko |date=29 March 2020 |title=Serhiy Marchenko to replace Ihor Umansky as finance minister; health minister quits |url=https://www.kyivpost.com/ukraine-politics/serhiy-marchenko-to-replace-ihor-umansky-as-finance-minister-health-minister-quits.html |work=Kyiv Post |accessdate=15 April 2020}}{{cite web|url=https://www.ukrinform.net/rubric-polytics/2528539-marchenko-appointed-deputy-head-of-presidential-administration.html|title=Marchenko appointed as deputy head of Presidential Administration|work=Ukrinform|date=31 August 2018|accessdate=15 April 2020}} 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.

Honorary Professor of Practice at the Kyiv School of Economics (2024).{{cite web |url=https://kse.ua/ua/about-the-school/news/sergiy-marchenko-stav-pochesnim-profesorom-kiyivskoyi-shkoli-ekonomiki/ |title=Сергій Марченко став Почесним професором Київської школи економіки|accessdate=2 April 2024}} Chair of the Board of Governors of the International Monetary Fund and the World Bank (2023).{{Cite web |url=https://www.mof.gov.ua/uk/news/chairman_of_the_board_of_governors_of_the_world_bank_and_the_imf_minister_of_finance_of_ukraine_sergii_marchenko_holds_a_plenary_session_of_the_wb_and_the_imf-4244#:~:text=%D0%A1%D0%91%20%D1%82%D0%B0%20%D0%9C%D0%92%D0%A4-,%D0%93%D0%BE%D0%BB%D0%BE%D0%B2%D0%B0%20%D0%A0%D0%B0%D0%B4%D0%B8%20%D0%BA%D0%B5%D1%80%D1%83%D1%8E%D1%87%D0%B8%D1%85%20%D0%A1%D0%B2%D1%96%D1%82%D0%BE%D0%B2%D0%BE%D0%B3%D0%BE%20%D0%B1%D0%B0%D0%BD%D0%25B |title=Голова Ради керуючих Світового банку та МВФ, Міністр фінансів України Сергій Марченко провів пленарне засідання СБ та МВФ |accessdate=13 October 2023}}

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).{{cite web|url=http://irbis-nbuv.gov.ua/ASUA/0110674|title=Науковці України|work=irbis-nbuv.gov.ua|accessdate=15 April 2020|language=uk}}

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.

= Career of an Economist =

He studied at the Academy of International Cooperation in Germany in a program for senior executives, at the Harvard Kennedy School in the United States, at the University of Warsaw in Poland, and at the Korea International Cooperation Agency (KOICA) in the Republic of Korea.{{Cite web |url=https://kse.ua/ua/people/sergiy-marchenko/ |title=Сергій Марченко — Почесний професор практики Київської школи економіки |accessdate=2 April 2024}}

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, one of the largest Ukrainian think tanks developing modern policy options and engagement strategies with decision-makers in government, business, and society and developed a concept of the Program of Leadership in Public Finance and then implemented it with Kyiv school of economics in 2015–2016.{{Cite web|last=Kitsoft|title=Cabinet of Ministers of Ukraine – Персона|url=https://www.kmu.gov.ua/en/profile/sergiy-marchenko|access-date=20 July 2020|website=www.kmu.gov.ua|language=en}}

= Political career before heading the Ministry of Finance of Ukraine =

From 2016 to 2018 he worked as Deputy Minister of Finance, leading the social and humanitarian sector..{{cite web|url=https://www.kmu.gov.ua/npas/249071300|title=Про призначення Марченка С. М. заступником Міністра фінансів України|work=Cabinet of Ministers of Ukraine|accessdate=15 April 2020|language=uk}}{{cite web|url=https://www.kmu.gov.ua/npas/pro-zvilnennya-marchenka-s-m-z-posadi-zastupnika-ministra-finansiv-ukrayini|title=Про звільнення Марченка С. М. з посади заступника Міністра фінансів України|work=Cabinet of Ministers of Ukraine|accessdate=15 April 2020|language=uk}}

From 2018 to 2019 Marchenko held the position of Deputy Head of the Presidential Administration.{{cite web|url=https://www.president.gov.ua/documents/2662018-24850|title=Decree of the President of Ukraine № 266/2018|work=Office of the President of Ukraine|accessdate=15 April 2020|language=uk}}{{cite web|url=https://www.president.gov.ua/documents/2932019-27073|title=Decree of the President of Ukraine № 293/2019|work=Office of the President of Ukraine|accessdate=15 April 2020|language=uk}}

In the 2019 Ukrainian parliamentary election Marchenko was number 7 on the election list of the party Ukrainian Strategy of Groysman.{{in lang|ru}}/(website has automatic Google Translate option) [https://file.liga.net/persons/marchenko-sergey Short biography of Serhiy Marchenko], LIGA The party failed to win any seats.[https://en.interfax.com.ua/news/general/605571.html Servant of the People Party wins 124 mandates on party ticket in Rada elections], Interfax-Ukraine (5 August 2019)
[https://www.ukrinform.net/rubric-elections/2748306-cec-counts-100-percent-of-vote-in-ukraines-parliamentary-elections.html CEC counts 100 percent of vote in Ukraine's parliamentary elections], Ukrinform (26 July 2019)
{{in lang|ru}} [https://www.pravda.com.ua/rus/articles/2019/07/21/7221526/ Results of the extraordinary elections of the People's Deputies of Ukraine 2019], Ukrayinska Pravda (21 July 2019)

Member of the NSDC since 7 April 2020.{{cite web|url=https://www.president.gov.ua/documents/1332020-33165|title=Decree of the President of Ukraine № 133/2020|work=Office of the President of Ukraine|accessdate=15 April 2020|language=uk}}

= Leadership of the Ministry of Finance of Ukraine =

On 30th Match 2020 year on the second attempt was appointed as a Minister of Finance of Ukraine.{{Cite web|title=Три внеочередных заседания за день. Рада сменила двух министров, отправила Коломойского в "нокдаун" и приняла антикоронавирусные законы|url=https://nv.ua/ukraine/politics/verhovnaya-rada-onlayn-30-marta-novosti-ukrainy-50078828.html|access-date=20 July 2020|website=nv.ua|language=ru}}

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.{{Cite web|title=40 до 40. Рейтинг влиятельных молодых политиков|url=https://korrespondent.net/ukraine/4249787-40-do-40-reitynh-vlyiatelnykh-molodykh-polytykov|access-date=20 July 2020|website=korrespondent.net|language=ru}}

In 2023, he chaired{{Cite web|url=https://www.mof.gov.ua/uk/news/chairman_of_the_board_of_governors_of_the_world_bank_and_the_imf_minister_of_finance_of_ukraine_sergii_marchenko_holds_a_plenary_session_of_the_wb_and_the_imf-4244|title=Голова Ради керуючих Світового банку та МВФ, Міністр фінансів України Сергій Марченко провів пленарне засідання СБ та МВФ|date=13 October 2023}} the Board of Governors of the World Bank and the International Monetary Fund. The decision on his appointment was unanimously approved by all member countries during the annual autumn joint session of the IMF and the World Bank in Washington.

In a statement regarding his appointment, Serhiy Marchenko noted:{{Cite web|url=https://www.reuters.com/markets/asia/ukraines-marchenko-elected-chair-boards-world-bank-imf-2023-2022-10-14/|title=Ukraine's Marchenko to chair IMF, World Bank governing boards in 2023|date=2022-10-14|website=reuters.com}}

{{Quote| [...] This happened for the first time in 30 years of Ukraine's membership in the World Bank and the IMF. [...] It is a great honor to represent Ukraine on the international financial stage. The new status will enhance the effectiveness of cooperation with international financial organizations and the member countries of the World Bank and the IMF.}}

Since 26th January 2023, Marchenko is co-chairman of the Multi-Agency Donor Coordination Platform for Ukraine. {{Cite web |url=https://ukrainedonorplatform.com/uk/about-ua/|title=Ukraine Donor Platform}}

In November 2023, he was recognized as one of the 15 leaders in the "Public Administration" category of the "UP-100 List of Ukraine's Leaders" ranking{{Cite web|url=https://www.pravda.com.ua/cdn/graphics/2023/up_vidznachila_100_lideriv_ukraini/|title=UP recognized 100 leaders of Ukraine|date=November 23, 2023|website=Ukrainian Pravda|language=Ukrainian|accessdate=December 14, 2023}} by the publication Ukrainian Pravda.

The Minister of Finance of Ukraine has several deputies:{{Cite web|url=https://mof.gov.ua/uk/leadership|title=Ministry Leadership|website=Ministry of Finance of Ukraine}} Denys Uliutin, Oleksandr Kava, Roman Yermolychev, Svitlana Vorobei, Olha Zykova, Yuriy Draghanchuk, and Oleksandr Hrubiyan.

Other activities

World Bank, Ex-Officio Member of the Board of Governors (since 2020)[https://thedocs.worldbank.org/en/doc/45fc8267f59fdf50a364f6538c2817e7-0330032021/original/BankGovernors.pdf Board of Governors] World Bank.

Personal life

Married to Marina Marchenko.{{Cite web|title=Марина Марченко|url=https://genderindetail.org.ua/library/authors/marina-marchenko.html|website=www.genderindetail.org.ua|language=uk}} The couple has three children: Aurora, Leonid, and Demyan.

Sergii Marchenko is passionate about triathlon, having participated in three Ironman 70.3 or "Half Ironman" races (1.9 km swimming, 90 km cycling, and 21 km running). He successfully finished two of them in Turkey and Finland. In Portugal, he got injured during the cycling portion and could not complete the race.{{Cite web|title=На що витрачає гроші міністр фінансів - інтерв'ю з Сергієм Марченком|url=https://www.segodnya.ua/ua/economics/enews/na-chto-tratit-dengi-ministr-finansov-intervyu-s-sergeem-marchenko-1462460.html|website=www.segodnya.ua|accessdate=2020-07-20|language=uk|archive-date=20 July 2020|archive-url=https://web.archive.org/web/20200720135818/https://www.segodnya.ua/ua/economics/enews/na-chto-tratit-dengi-ministr-finansov-intervyu-s-sergeem-marchenko-1462460.html}}