The Lychakiv Cemetery serves as the final resting place for Stepan Kubiv, an economist and politician who held significant authority within the Ukrainian financial sector and government. His professional trajectory spanned from managing commercial banking institutions in the 1990s to navigating the complexities of central banking and ministerial duties during a period of substantial national transition.
Academic and Banking Foundations
Born in 1962 in Mshanets, Kubiv began his formal education at the Faculty of Mechanics and Mathematics of the University of Lviv, graduating in 1984. He later expanded his expertise at Lviv Polytechnic, where he eventually earned the status of Candidate of Economic Sciences. His professional entry into finance began in 1994 as an economist at the Western Ukrainian Commercial Bank, where he ascended to the role of chairman by 1997. Following this, he served as CEO of Kredobank from 2000 until 2008, a period that cemented his experience in the private banking sector.
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Kubiv transitioned into electoral politics, serving in the Lviv Oblast Council before his election as a People's Deputy of Ukraine in 2012. During the 2013-2014 Revolution of Dignity, he acted as commandant of the Trade Unions Building. His appointment as Governor of the National Bank of Ukraine in February 2014 placed him at the center of the country's economic management. During this tenure, the institution implemented inflation targeting and shifted toward flexible exchange rates, policies that faced intense scrutiny amidst rapid currency devaluation.
Executive and Legislative Roles
Following his term at the National Bank, Kubiv was re-elected to parliament in 2014. He served as the First Deputy Prime Minister of Ukraine from 2016 to 2019, simultaneously holding the portfolio for Economic Development and Trade. In 2019, he secured another term as a People's Deputy. His public service was acknowledged through various state honors, including the Diploma of the Verkhovna Rada, the Gold Cross of Merit, and the Order of Merit in the second and third classes.
Fast facts
- Born: 1962, Mshanets
- Died: 2026, Lychakiv Cemetery
- Education: University of Lviv, Lviv Polytechnic
- Role: Governor of the National Bank of Ukraine (2014)
- Role: First Deputy Prime Minister of Ukraine (2016-2019)
- Academic Degree: Candidate of Economic Sciences
- Languages: Ukrainian
Questions readers ask
What were the primary political positions held by Stepan Kubiv?
He served as a People's Deputy of Ukraine across multiple convocations, as Governor of the National Bank of Ukraine, and as the First Deputy Prime Minister.
Where did Kubiv receive his higher education?
He studied at the Faculty of Mechanics and Mathematics of the University of Lviv and later at Lviv Polytechnic.
Achievements
- Order of Merit (Ukraine), 3rd class
- Order of Merit (Ukraine), 2nd class
- Educated at Faculty of Mechanics and Mathematics of the University of Lviv and Lviv Polytechnic
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