Oleksandr Danyliuk

Minister of Finance of Ukraine

Oleksandr Danyliuk graduated from the National Technical University of Ukraine with a degree in electric engineering in 1998. He also studied at the Kyiv Institute of Investment Management (1995) and obtained MBA from the Indiana University Kelly School of Business in 2001.

Career

Oleksandr Danyliuk worked in the private sector as a consultant and investment manager in a number of companies, including TEKT, Alfa Capital and Western NIS Enterprise Fund (WNISEF) in Ukraine.

Later Mr. Danyliuk worked at McKinsey & Company London and Moscow offices for three years. His project portfolio included reform of the UK tax system as well as strategy development and operations optimization in energy and telecom projects.

Between 2006 and 2010, Mr. Danyliuk chaired the Rurik Investment fund that operated in London and Luxembourg.

Public Service

Oleksandr Danyliuk first joined public service in 2005 as economic advisor to the Ukrainian Prime Minister Yuriy Yekhanurov. In his team, Mr. Danyliuk worked on energy reform and carried out privatization of state-owned enterprises, including Kryvorizhstal, Ukraine’s largest integrated steel company, which became part of the global steel producer Mittal Steel Company N.V.

In 2010-2015, Danyliuk chaired the Economic Reforms Coordination Center – an apolitical think tank under the aegis of the Administration of the President of Ukraine. McKinsey & Company drafted the initial strategy of the Center.

The Economic Reforms Coordination Center focused on drafting bills and introducing practices designed to improve investment climate in Ukraine, uphold the rule of law and intensify cooperation with the International Monetary Fund. However, many of the Center’s ideas were implemented into real reforms only after the Revolution of Dignity and signing of the Ukraine-EU Association Agreement.

In 2014, Oleksandr Danyliuk worked as the President’s representative at the Cabinet of Ministers and later as the Deputy Head of the Presidential Administration.

Mr. Danyliuk contributed to the anti-corruption agenda of the government, in particular, by drafting and pushing forward the bills to set up the National Anti-Corruption Bureau, the National Agency for Prevention of Corruption and introduction of e-declarations to be filled in by Ukrainian officials.

Minister of Finance

In 2016, Oleksandr Danyliuk was appointed a Minister of Finance. He declared his key objectives at the position – better investment climate in Ukraine, transparent rules of doing business for Ukrainian entrepreneurs and foreign investors and public finance reform.

The government’s mid-term priority action plan for 2020 outlines key milestones that the Ministry of Finance has to achieve. Danyliuk’s team also designed the Public Finance Administration Strategy 2017-2021 which enables effective planning and better quality of public services with taxpayers’ money.

Ministry of Finance priorities under the leadership of Oleksandr Danyliuk:

• State Fiscal Service reform and its transformation from a punitive agency in a service-oriented agency
• Financial Investigation Service to replace tax police
• Customs reform
• Improving tax legislation
• Introduction of mid-term budget planning
• Implementation of the State Banks Development Strategy
• E-Data project development for public spending
• Audit reform
• Internal reform to drive reforms in other areas

Convictions and public activities

Oleksandr Danyliuk supports libertarian views. He was a personal friend of the Georgian reformer and libertarian Kakha Bendukidze. After the latter passed away, Mr. Danyliuk became one of the co-founders of Bendukidze Free Market Center.

Oleksandr Danyliuk speaks five languages: Ukrainian, Russian, English, Spanish and French.

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