Sergii Mykhailovych Marchenko (; born 24 January 1981) is a Ukrainian economist and politician currently serving as Minister of Finance of Ukraine since 30 March 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). Chair of the Board of Governors of the International Monetary Fund and the World Bank (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).
Starting from 2002 Marchenko worked on several positions in the
Ministry of Finance
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position .
A ministry of finance's portfoli ...
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.
In 2011 Marchenko participated in the Management and Leadership Program at
Harvard Kennedy School
The John F. Kennedy School of Government, commonly referred to as Harvard Kennedy School (HKS), is the school of public policy of Harvard University, a private university in Cambridge, Massachusetts.
Harvard Kennedy School offers master's de ...
, 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.
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..
From 2018 to 2019 Marchenko held the position of Deputy Head of the Presidential Administration.
In the
2019 Ukrainian parliamentary election
Parliamentary elections were held in Ukraine on 21 July 2019. Originally scheduled to be held at the end of October, the elections were brought forward after newly inaugurated President of Ukraine, President Volodymyr Zelenskyy dissolved parli ...
Google Translate
Google Translate is a multilingualism, multilingual neural machine translation, neural machine translation service developed by Google to translation, translate text, documents and websites from one language into another. It offers a web applic ...
Interfax-Ukraine
Interfax-Ukraine () is a Ukrainian news agency. Founded in 1992, the company publishes in Ukrainian, Russian, English and German.
The company owns a 50-seat press centre.
The staff of the agency is 105 people (as of the end of February 2022)
...
Ukrayinska Pravda
''Ukrainska Pravda'' is a Ukrainian socio-political online media outlet founded by Heorhii Gongadze in April 2000. After Gongadze’s death in September 2000, the editorial team was led by co-founder Olena Prytula, who remained the editor-in ...
(21 July 2019)
Member of the NSDC since 7 April 2020.
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.
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.
In 2023, he chaired 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:
Since 26th January 2023, Marchenko is co-chairman of the Multi-Agency Donor Coordination Platform for Ukraine.
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 by the publication Ukrainian Pravda.
The Minister of Finance of Ukraine has several deputies: Denys Uliutin, Oleksandr Kava, Roman Yermolychev, Svitlana Vorobei, Olha Zykova, Yuriy Draghanchuk, and Oleksandr Hrubiyan.
Other activities
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World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
, Ex-Officio Member of the Board of Governors (since 2020)
Personal life
Married to Marina Marchenko. The couple has three children: Aurora, Leonid, and Demyan.
Sergii Marchenko is passionate about
triathlon
A triathlon is an endurance multisport race consisting of Swimming (sport), swimming, Cycle sport, cycling, and running over various distances. Triathletes compete for fastest overall completion time, racing each segment sequentially with the ...
, 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.