The Full Wiki

Sergei Tigipko: Wikis


Note: Many of our articles have direct quotes from sources you can cite, within the Wikipedia article! This article doesn't yet, but we're working on it! See more info or our list of citable articles.


From Wikipedia, the free encyclopedia

Sergei Tigipko
Сергій Тiгiпко

Vice Prime Minister
Assumed office 
March 11, 2010
Prime Minister Mykola Azarov

Minister of Economics
In office
December 31, 1999 – July 5, 2000
President Leonid Kuchma
Prime Minister Viktor Yushchenko
Preceded by Vasyl Rohovyi
Succeeded by Vasyl Rohovyi

Chairman of the National Bank of Ukraine
In office
December 17, 2002 – December 16, 2004
Preceded by Volodymyr Stelmakh
Succeeded by Volodymyr Stelmakh

Born February 13, 1960 (1960-02-13) (age 50)
Dragoneshty, Moldovan SSR
Birth name Sergei Leonidovych Tigipko
Nationality Ukrainian
Political party Labour Ukraine[1]
Children Hanna (born 1984)
Occupation politician

Serhiy Leonidovych Tihipko (Ukrainian: Сергій Леонідович Тiгiпко[2]), or Sergey (Sergei) Leonidovich Tigipko in the Russian transliteration (born February 13, 1960) is a Ukrainian politician, finance specialist, current Vice Prime Minister and a former Minister of Economics. Tigipko was a candidate for President of Ukraine in the 2010 presidential election.


Early life

Tigipko was born on 13 February 1960 in the village of Dragoneshty, in the Lazovskiy district of the Moldovian SSR.[3] His father fought in World War II where he was badly wounded, and died when Tigipko was 10. His mother was a village nurse. He had two brothers: one six years older, and one two years younger.[3]

Education, the army, and the young communist league (Komsomol)

Tigipko was educated at the local school in Lazovskiy district, and then went to university in Dnepropetrovsk, where he graduated in engineering-metallurgy from the Metallurgical Institute in 1982.[3]

He served in the Soviet Army in a tank regiment from 1982–1984.[3]

Tigipko was first head of a department, and then deputy director for teaching and educational work at the Dnepropetrovsk Mechanical-Metallurgical Technical Secondary School from 1984–1986.[3] At the same time he developed a strong career in Komsomol, the youth arm of the Soviet communist party.[3] This enabled him to become First Secretary of Dnepropetrovsk Komsomol regional organization from 1986–1989;[3] there were nearly half a million members of Komsomol in the Dnepropetrovsk region, and Tigipko became its first popularly elected First Secretary in 1989.[3] From 1989-1991, Tigipko was the First Secretary of Dnepropetrovsk regional committee of the All-Union Leninist Young Communist League.[3]

Banking 1991-1997

"After the break up of the Soviet Union and the results of the political power struggles that followed he decided to put his political interests aside and start a business career as a manager in a private bank. This was an undeveloped industry in the early stages of the former Soviet Union and it turned out to be a shrewd move."[3] He "made swift progress and from 1991-1992 he was appointed Deputy Chairman of a small commercial bank called Dnipro Bank. From there he became Chairman of the Board of the commercial bank Privat until 1997, taking the small regional bank to become one of the biggest private banks in Ukraine."[3]

Politics again 1994 onwards

In 1994 he became a non-staff consultant on monetary policy to the President Leonid Kuchma.[3] He was also an advisor to Kuchma in the lead up to the introduction of the national currency, the Hryvna in 1996.[3] Realising that there was a conflict of interest between his political role and his shareholding in Privat Bank, he divested himself of the shares[3]

Tigipko served as the minister of economics (1997-1999), then as a lawmaker for Labour Ukraine[4], and Governor of the National Bank of Ukraine. Tigipko chaired the election campaign in 2004 for presidential candidate Victor Yanukovych. After the election Tigipko temporarily left Ukrainian politics to build up a bank which he sold to Swedbank group for nearly $1 billion.[5] Tigipko was an ally of former President Leonid Kuchma.[6] Analysts have claimed Kuchma should have given his support to Tigipko during the Ukrainian presidential elections, 2004 instead of supporting Viktor Yanukovych, however Yanukovych had more popular support.[7][8]

Korrespondent estimated his fortune at $369 million in 2009.[9]

In January 2010 Tigipko declared "his team" will participate in the next Kiev local election.[10]


Ukrainian Presidential Election 2010

Serhiy Tihipko (First round) - percentage of total national vote (13.06%)
Poster for 2010 Presidential Election

Tigipko was a candidate for President of Ukraine in the 2010 presidential election.[11][12]

Of the 18 presidential candidates Tigipko has declared the biggest income to the Ukrainian election Committee. He had an income of about $2.5 million in 2008 and told Kyiv Post he had spent roughly the same amount on his presidential campaign till December 2009. “I will spend as much as I need. This is my own money.”[9] Tigipko claims he has spend 90 million Hryvnia (about $11 million[13]) on his election campaign.[14]

Tigipko was defeated in the first round of the presidential election receiving 13,05% of the vote, two candidates (Yulia Tymoshenko and Viktor Yanukovych) received more votes.[15][16][17]

On January 22, 2010 Tigipko warned outgoing president Viktor Yushchenko could introduce a state of emergency during the transfer of power after the presidential election 2010.[18]

Tigipko did not endorse a candidate for the run-off of the election.[19] He did state he would agree to become Prime Minister of Ukraine under the new President whose program is close to him.[20] Tymoshenko did offer Tigipko to become Prime Minister if she would win the election.[21] While (then) candidate Victor Yanukovych stated that Tigipko and (another 2010 presidential candidate) Arseniy Yatseniuk would "have a good chance to be in the team that will unite Ukraine and will build our country together with me".[22]

Opinion Polls

According to a poll by Research & Branding Group, as of November 27 Tigipko was running fifth in polls at 4.4%, behind Viktor Yanukovych (32.4%), Yulia Tymoshenko (16.3%), Arseniy Yatseniuk (6.1%) and Volodymyr Lytvyn (4.5%), and ahead of Petro Symonenko (3.8%) and incumbent President Viktor Yushchenko (3.5%).[23]

A poll conducted by FOM-Ukraine in late November placed him in third place at 7.4%, with 23% of the respondents stating that they consider Tigipko "a promising young politician whom they would like to see at the presidential elections." Director of the Penta Center for Applied Political Studies Volodymyr Fesenko thought that this third place by Tigipko could be explained by the fact that some voters started to consider Tigipko not only an alternative to the leader of the Party of Regions Viktor Yanukovych, but as an alternative to fellow candidate Arseniy Yatseniuk.[24] According to a Russian poll taken in the last week of the campaign Serhiy Tihipko was to be the unexpected outsider, snapping the second place from Tymoshenko.[25]

According to the results of an exit poll initiated by the ICTV TV channel Tigipko would have won the 2010 presidential election if had participated in the second round of the election.[26]

Political career after the Presidential Election 2010

On February 11, 2010 Tigipko stated that he would agree to become Prime Minister of Ukraine if President Victor Yanukovych offered him the post.[20] On February 15 Yanukovych stated "I do not rule out the candidature of Tigipko. Tigipko is on the list which, in my opinion, will be discussed next week in parliament".[27] On February 17, 2010 Tigipko stated that he had met Yanukovych twice after the election to discuss issues of the country's development and that he had reached no agreement with the parliamentary faction of the Our Ukraine-People's Self-Defense Bloc regarding their support of his candidacy for the post of Prime Minister.[28] On February 21, 2010 President Yanukovych offered three candidates for the Prime Minister post: Tigipko, Our Ukraine faction member Arseniy Yatsenyuk and Party of Regions lawmaker Mykola Azarov.[29] On March 11, 2010 Tigipko was elected as one of six deputy Prime Ministers (in charge of economic issues[30]) in the First Azarov Government.[31]

Political positions

Tigipko has said that the country should conduct the most constructive policy possible in relations with neighboring countries, including both Russia and the West.[32][33][34] In September 2009 he wrote an article that was published in the Ukrainian edition of Komsomolskaya Pravda in which he criticized Kiev's foreign policy over the past five years, saying its goal had been to "participate in a cordon sanitaire" around Russia, which has done "enormous economic damage" to Ukraine, weakened Ukraine’s position in the post-Soviet realm, and turned Moscow into a "powerful opponent of Ukrainian interests."[35] According to Tigipko (in January 2010) Ukraine is not yet ready to seek membership in the European Union or NATO and must first focus on forming a unified government that can stimulate the country's economy. In the long term he seeks European integration for Ukraine.[13]

Tigipko supports legalization of prostitution in Ukraine. He stated, "...we should not be hypocrites. If certain things exist we should speak about them openly and resolve [them] if necessary."[36]

Tigipko supports the privatization of Ukraine's gas-pipeline system and its joint management by Russia and Europe, but warned that he would "not support the seizure of the pipeline" by Russia, which he believes the conditions are being set for.[37]


  1. ^ Tigipko says he did not give consent to head Party of Regions, UNIAN (March 16, 2010)
  2. ^ Sometimes transliterated as Serhiy Leonidovych Tihipko.
  3. ^ a b c d e f g h i j k l m n CV and Sergey Tigipko biography. (The biography can be reached by pressing "full version".) Accessed 24 January 2010.
  4. ^ [1]
  5. ^ Political Pulse: Presidential field takes shape, Kyiv Post (November 11, 2009)
  6. ^ [2]
  7. ^
  8. ^ Virtual Politics - Faking Democracy in the Post-Soviet World, Andrew Wilson, Yale University Press, 2005, ISBN 0-300-09545-7
  9. ^ a b Tigipko gains momentum in presidential campaign, Kyiv Post (December 3, 2009)
  10. ^ Tigipko's team to participate in Kyiv mayoral election, Kyiv Post (January 20, 2010)
  11. ^ "Tihipko assures that he holds election campaign at his expenses" (in English). Interfax-Ukraine. Retrieved 2009-09-15. 
  12. ^ "Tigipko at the presidential elections will be supported by the Labour Party" (in Russian). Persho Dzherelo. Retrieved 2009-06-15. 
  13. ^ a b Businessman gains in Ukraine's presidential race, Kyiv Post (January 13, 2010)
  14. ^ Tigipko spends Hr 90 million for election campaign, Kyiv Post (January 13, 2010)
  15. ^ (Ukrainian) Central Election Commission Candidate Results, CEC Ukraine (January 19, 2010)
  16. ^ TABLE-Ukraine's presidential election results, Kyiv Post (January 18, 2010)
  17. ^ Ukraine's Orange leader Yushchenko loses election, BBC News (January 18, 2010)
  18. ^ Ukraine’s Tigipko Warns State of Emergency Possible, Bloomberg (January 22, 2010)
  19. ^ Tigipko says Tymoshenko wrong about his reasons for not openly supporting her, Kyiv Post (February 5, 2010)
  20. ^ a b Tigipko ready to become prime minister under Yanukovych, Kyiv Post (February 11, 2010)
  21. ^ Tymoshenko sure Tigipko will accept her offer to become prime minister, Kyiv Post (February 1, 2010)
  22. ^ Yanukovych going to call on Tigipko, Yatseniuk to join his team, Kyiv Post (February 8, 2010)
  23. ^ Electoral Situation in Ukraine: 50 days to go, Research & Branding Group (November 27, 2009)
  24. ^ Tigipko in third position in presidential race, according to poll, Interfax-Ukraine (November 25, 2009)
  25. ^ Ukraine. The Presidential battle., EuropaRussia (January 15, 2010)
  26. ^ Exit poll: Tigipko would have won presidential election if he participated in run-off, Kyiv Post (February 9, 2010)
  27. ^ Yanukovych does not rule out Tigipko as prime minister, Kyiv Post (February 15, 2010)
  28. ^ Tigipko: No talks held with Yanukovych on premiership, Kyiv Post (February 17, 2010)
  29. ^ Yanukovych has yet to secure ruling majority in parliament, Kyiv Post (February 25, 2010)
  30. ^ Old Kuchma faces lead new government with Mykola Azarov as head, Kyiv Post (March 11, 2010)
  31. ^ Ukraine's new government puts final nail in coffin of the Orange Revolution, The Guardian (March 11, 2010)
  32. ^ Ukraine should become a link between Europe and Russia, says Tigipko Kyiv Post Retrieved on November 30, 2009
  33. ^ Tigipko calling for depoliticization of relations between Ukraine and Russia in energy sphere, Interfax-Ukraine (January 5, 2010)
  34. ^ Ukraine, Russia should avoid politicizing economic issues, says Tigipko, Interfax-Ukraine (January 8, 2010)
  35. ^ Russia Profile Weekly Experts Panel: Russia’s Stake in Ukrainian Elections Retrieved on November 30, 2009
  36. ^ Tigipko supports legalization of prostitution in Ukraine Kyiv Post Retrieved on November 30, 2009
  37. ^ Tigipko: we could be deprived of gas transportation system for debts if we not privatize it Kyiv Post Retrieved on November 30, 2009


Got something to say? Make a comment.
Your name
Your email address