Boris Grigoryevich Fyodorov
Encyclopedia
Boris Grigoryevich Fyodorov (13 February 1958, Moscow
– 20 November 2008, London
) was a Russia
n economist, politician
, and reformer. He was awarded a doctor of economics degree and authored over 200 publications. He served as Finance Minister of Russia from 1993 until 1994, when he resigned. Fyodorov was Minister of Finance of the Russian SFSR
(as a consitituent of the USSR) in 1990. From 1991-1992 he worked for the European Bank for Reconstruction and Development
in London. In 1992 he became director of the World Bank
.
He was a member of the State Duma
between 1994 and 1998. In 1998 becoming tax minister and Deputy Prime Minister of Russia.
In 1994, he founded United Financial Group UFG, an investment bank which was later, in 2005, sold to Deutsche Bank. He was a member of various boards including Gazprom
, Sberbank and Ingosstrakh. He was also a general partner of UFG Private Equity starting from 2006.
In addition to his economic and political accomplishments, Fyodorov was a passionate historian and author of a book on Pyotr Stolypin
and his family.
He died from a stroke
on November 20, 2008 in London, England at the age of 50.
Moscow
Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...
– 20 November 2008, London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
) was a Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
n economist, politician
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...
, and reformer. He was awarded a doctor of economics degree and authored over 200 publications. He served as Finance Minister of Russia from 1993 until 1994, when he resigned. Fyodorov was Minister of Finance of the Russian SFSR
Ministry of Finance (RSFSR)
Ministry of Finance of the Russian Soviet Federative Socialist Republic , known prior to 1946 as the People's Commissariat for Finance , or shorten to Narkomfin was part of the government of the Russian Soviet Federative Socialist Republic from 1918 to the collapse of the USSR in 1991...
(as a consitituent of the USSR) in 1990. From 1991-1992 he worked for the European Bank for Reconstruction and Development
European Bank for Reconstruction and Development
Founded in 1991, the European Bank for Reconstruction and Development uses the tools of investment to help build market economies and democracies in 30 countries from central Europe to central Asia. Its mission was to support the formerly communist countries in the process of establishing their...
in London. In 1992 he became director of the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
.
He was a member of the State Duma
State Duma
The State Duma , common abbreviation: Госду́ма ) in the Russian Federation is the lower house of the Federal Assembly of Russia , the upper house being the Federation Council of Russia. The Duma headquarters is located in central Moscow, a few steps from Manege Square. Its members are referred to...
between 1994 and 1998. In 1998 becoming tax minister and Deputy Prime Minister of Russia.
In 1994, he founded United Financial Group UFG, an investment bank which was later, in 2005, sold to Deutsche Bank. He was a member of various boards including Gazprom
Gazprom
Open Joint Stock Company Gazprom is the largest extractor of natural gas in the world and the largest Russian company. Its headquarters are in Cheryomushki District, South-Western Administrative Okrug, Moscow...
, Sberbank and Ingosstrakh. He was also a general partner of UFG Private Equity starting from 2006.
In addition to his economic and political accomplishments, Fyodorov was a passionate historian and author of a book on Pyotr Stolypin
Pyotr Stolypin
Pyotr Arkadyevich Stolypin served as the leader of the 3rd DUMA—from 1906 to 1911. His tenure was marked by efforts to repress revolutionary groups, as well as for the institution of noteworthy agrarian reforms. Stolypin hoped, through his reforms, to stem peasant unrest by creating a class of...
and his family.
He died from a stroke
Stroke
A stroke, previously known medically as a cerebrovascular accident , is the rapidly developing loss of brain function due to disturbance in the blood supply to the brain. This can be due to ischemia caused by blockage , or a hemorrhage...
on November 20, 2008 in London, England at the age of 50.