Volodymyr Stelmakh

Volodymyr Semenovych Stelmakh (Володи́мир Семе́нович Сте́льмах; born 18 January 1939) is a Ukrainian banker, economist, and politician who served as Governor of the National Bank of Ukraine from on two occasions, from 2000 to 2002 and from 2004 to 2010.

In February 2010 he was awarded the Order of Yaroslav the Wise (second degree).

Governor of the National Bank of Ukraine
From January 2000 to January 2003 Stelmakh served his first turn as Governor of the National Bank of Ukraine (NBU). According to Stelmakh, one of the main initiators of his resignation was Prime Minister Anatoliy Kinakh, who wanted to cover the lack of revenue to the 2002 state budget by printing more money. As head of the NBU he stated he was categorically against such a step, because it was fraught with a jump in inflation.

On 16 December 2004 Stelmakh was again appointed the Governor of the NBU.

During the 2007 Ukrainian parliamentary election Stelmakh was placed number 28 on the electoral list of Our Ukraine–People's Self-Defense Bloc. However, Stelmakh refused the deputy mandate in favor of his post at the NBU.