Serhiy Arbuzov

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This name uses Eastern Slavic naming customs; the patronymic is Hennadiyovych and the family name is Arbuzov.
Serhiy Arbuzov
Сергій Арбузов
Арбузов Сергій Геннадійович.jpg
Prime Minister of Ukraine
In office
January 28, 2014 – February 27, 2014
President Viktor Yanukovych
Preceded by Mykola Azarov
Succeeded by Arseniy Yatsenyuk
First Vice Prime Minister of Ukraine
In office
December 24, 2012 – January 28, 2014
Prime Minister Mykola Azarov
Preceded by Valeriy Khoroshkovskyi
Succeeded by Vitaly Yarema
Governor of the National Bank of Ukraine
In office
December 23, 2010 – December 24, 2012
President Viktor Yanukovych
Preceded by Volodymyr Stelmakh
Succeeded by Ihor Sorkin
Personal details
Born (1976-03-24) 24 March 1976 (age 38)
Donetsk, Soviet Union
(now Ukraine)
Political party Our Ukraine (2005–2010)
Party of Regions (2010–2014)
Spouse(s) Iryna Arbuzova
Alma mater Donetsk National University

Serhiy Arbuzov (Ukrainian: Сергій Геннадійович Арбузов, Serhiy Hennadiyovych Arbuzov) is Ukraine's First Deputy Prime Minister, who became interim Prime Minister following the resignation of Mykola Azarov on 28 January 2014.[1][2] On 27 February 2014, Arbuzov was dismissed and Arseniy Yatsenyuk was elected as new Prime Minister.

He was the former chairman of the National Bank of Ukraine. In the 2000s Arbuzov worked as a director of several leading Ukrainian banks, including Privatbank and Ukreximbank.


Serhiy Arbuzov № 30 in ranking for the most influential Ukrainian magazine Korrespondent 2012 .

Arbuzov was born in Donetsk.[3] He graduated from the Donetsk State University, having specialized in "finance and credit" and qualified as an economist.[3] At the start of his professional career Arbuzov worked as an administration chairman of Privatbank in Donetsk and a director of Privatbank in Kostyantynivka. In 2003-10 he was a director of the Ukrainian Business Bank, previously known as Donechyna.

In 2005 Serhiy Arbuzov became a member of Our Ukraine[3] and in 2006 unsuccessfully ran for the Donetsk Regional Council as a member of the party. Upon his appointment to the National Bank of Ukraine his political affiliation became uncertain.[3]

In 2010 Arbuzov was appointed chairman of the Supervising Council of UkrEximBank and in September 2010 he became a deputy chairman of the National Bank of Ukraine.[4] On December 21, 2010 the President of Ukraine sent a petition to the parliament to replace Volodymyr Stelmakh with Serhiy Arbuzov. On December 23, 2010 the Verkhovna Rada approved the petition, making Arbuzov the youngest chairman of a state central bank. After the appointment, the older son of the President, Oleksandr Yanukovych, bought the All-Ukrainian Bank of Development from Arbuzov. The chairperson of the bank is Arbuzov's mother, Valentyna, who also has extensive experience in banking business.

In May 2012 the Ukrainian magazine Focus pointed out that Arbuzov has the highest salary among the Ukrainian civil servants - 140,000 hryvnia per month (approximately $18,000). In the same year another Ukrainian magazine, Korrespondent, placed him among the thirty most influential people in the country.

On 24 December 2012 Viktor Yanukovych appointed Arbuzov First Vice Prime Minister of Ukraine by presidential decree.[3]

After weeks of Euromaidan protests, and clashes, during which civilians were killed[6], Prime Minister Mykola Azarov offered his letter of resignation on 28 January 2014.[7][8] The same day President Yanukovych accepted the resignation and signed a decree dismissing the second Azarov Government, which decree would not take effect until the Verhovna Rada approved a new Cabinet. Hence the second Azarov Government continued as a caretaker government.[2] And Arbuzov replaced Azarov as Prime Minister of Ukraine.[2] On 29 March 2014, during a party congress, Arbuzov was expelled from the Party of Regions.[9]

Arbuzov does not have an Identification Number of Physical Person (similar to a Taxpayer Identification Number in the United States), having refused one for religious reasons. Instead, Arbuzov uses his passport number as the legal alternative.


  1. ^ "Serhiy Arbuzov to head Ukraine govt pending premier's appointment". Interfax-Ukraine. February 6, 2014. Archived from the original on February 22, 2014. Retrieved February 6, 2014. 
  2. ^ a b c "Ukrainian parliament delays vote on amnesty law until Wednesday". Euronews. January 28, 2014. Archived from the original on February 1, 2014. 
  3. ^ a b c d e (Russian) Profile at
  4. ^ "The Azarov/Arbuzov Government". The Ukrainian Week. January 22, 2013. Archived from the original on October 29, 2013. 
  5. ^ "Policeman shot dead in Kyiv, another policeman sustains knife wound - Ukrainian interior ministry". Interfax-Ukraine. January 25, 2014. Archived from the original on February 2, 2014. 
  6. ^ The Ministry of Internal Affairs of Ukraine claimed on 25 January 2014 that a policemen who was walking home in civilian clothing had been killed by a shot in his head.[5]
  7. ^ "Ukraine's PM Azarov and government resign". BBC News Online. 28 January 2014. Archived from the original on January 28, 2014. Retrieved 28 January 2014. 
  8. ^ "Ukrainian Prime Minister Azarov resigns". Interfax-Ukraine. January 28, 2014. Archived from the original on February 2, 2014. 
  9. ^ ""Party of Regions" has excluded Yanukovich, Arbuzov, Klimenko and proceeded to the form of collective management". Novosti Mira. April 9, 2014. Archived from the original on April 8, 2014. 

External links[edit]

Government offices
Preceded by
Volodymyr Stelmakh
Governor of the National Bank of Ukraine
Succeeded by
Ihor Sorkin
Political offices
Preceded by
Valeriy Khoroshkovskyi
Deputy Prime Minister of Ukraine
Succeeded by
Vitaliy Yarema
Preceded by
Mykola Azarov
Prime Minister of Ukraine

Succeeded by
Arseniy Yatsenyuk