Ruslan Demchak

Ruslan Demchak (Ukrainian: Руслан Євгенійович Демчак; DOB: July 5, 1974, Lypovets, Vinnytsia Region) is a Member of Parliament of the Ukraine of the VIII convocation. Ruslan Demchak is also a Deputy Chairman of the Financial Policy and Banking Committee of Verkhovna Rada of Ukraine and a Member of the political party "Petro Poroshenko Bloc".

Ruslan Demchak
Personal details
Born (1974-07-05) July 5, 1974
Lypovets, Vinnytsia Region, Ukraine
CitizenshipUkraine
NationalityUkraine
Political partyPetro Poroshenko Bloc "Solidarity" (2014–present)
Residence Ukraine
Alma materNational Transport University
Websitedemchak-ruslan.com.ua

Biography

After graduating from school in 1991, Ruslan Demchak entered the Ukrainian Transport University, where he studied Mechanical Engineering until 1996. In 1997 Demchak started his distance studies of Accounting and Audit at the Interdisciplinary Institute of Management. In 2001 he was awarded an Economist diploma.

From 2001 to 2005, Demchak studied at the National Academy of Public Administration, where he completed his master's thesis "State regulation of the stock market of Ukraine" at the department of economic theory and economic history and was awarded a Doctoral Candidate Degree in Public Administration.

In October 2009, Ruslan Demchak started his PhD at the National Institute for Strategic Studies. His thesis subject was "Fiscal decentralisation as a factor of economic security of the state."

In December 2010, Demchak became a Chairman of the Federation of Employers of Kyiv (FEK).[1] The FEK consists of 22 local and industry organisations of employers that bring together over 3,000 legal entities and public organisations, which employ more than 150,000 people in Kyiv.

In November 2014, Ruslan Demchak was elected[2] a Member of Parliament of the Ukraine (Verkhovna Rada of Ukraine) and the Deputy Chairman of the Financial Policy and Banking Committee of Parliament of the Ukraine.[3]

Activities

Ruslan Demchak started his business in the stock market in 1997. Ruslan Demchak founded Corporation «Ukrainian Business Group» (multinational holding company). In 2011 he transferred the control of the UBG Corporation to the employees of the organization in order to participate in public activities.

Today all enterprises of UBG Corporation introduce the principles of modern corporate governance. The Corporation continuously improves employees’ skills through internal and external training and introducing various motivational and personnel programmes. The enterprises also have an established system of quality control.

UBG Corporation is the centre of changes, the focus of creativity and generation of ideas, which introduces and implements innovations. UBG modernises businesses and creates new progressive businesses from old companies.

The UBG Corporation Management has considerable experience in managing businesses in various industries including finance, manufacturing, medical services, agriculture, media and information technology sectors.

In 2011 Ruslan Demchak established a representative office of UBG Corporation in London, Ukrainian Business Centre in London (UBCL).[4]

Ruslan Demchak is also actively engaged in other public activities. In 2010 he became a Chairman of the Federation of Employers (FEK) of Kyiv.

References
  1. "The Federation of employers of Kyiv / BFK Management". www.frk.kiev.ua. Retrieved 2017-02-24.
  2. "Verkhovna Rada of Ukraine". gapp.rada.gov.ua. Retrieved 2017-02-24.
  3. "News 2 - First meeting of the working group on settling problems of foreign currency loan restructuring was held in the Committee on Financial Policy and Banking - Verkhovna Rada of Ukraine". iportal.rada.gov.ua. Retrieved 2017-02-24.
  4. "Ukrainian Business Centre in London". ubcl.co.uk. Retrieved 2017-02-24.
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