Leadership

Oleg Vyugin

Head of the Federal Financial Markets Service

Oleg Vyugin was born on 29 July 1952. He graduated from the Department of Mechanics and Mathematics at Moscow State University in 1974. In 1977, he completed his graduate studies in physics and mathematics at Moscow State University.

Mr. Vyugin began his career in 1978 working as an academic and also at various economic research institutes. From 1980 to 1989, he was a senior researcher at the All-Union Research Institute for Trade and Consumer Demand.

From 1989 to 1993, he was Chief Researcher at the Russian Academy of Sciences’ Institute of Economic Forecasting.

In 1993, Mr. Vyugin was appointed Head of the Macroeconomic Policy Department at the Russian Ministry of Finance. In 1994, he became a member of the board of the Ministry of Finance. From 1996 to 1999, he served as Deputy Minister of Finance, and in 1999 was appointed First Deputy Minister. During this time, he was in charge of Russia’s macroeconomic and fiscal policy and the administration of internal and foreign debt.

In 1997, he also became a member of the Russian Government’s Commission on Economic Reform. From 1997 to 2000, he served on the board of the Federal Commission for the Securities Market and the Supervisory Board of the National Securities Market Association (NSMA).

In 1999, Mr. Vyugin joined the private sector when he became Chief Economist and Executive Vice President of the investment company Troika Dialog.

In 2002, he was appointed First Deputy Chairman of the Central Bank of Russia, where he was responsible for monetary policy.

On March 23 2004, Mr. Vyugin was appointed Head of the Federal Financial Markets Service (FFMS).

Oleg Vyugin is a member of the boards of the Ministry of Finance and the Ministry of Economic Development and Trade. He is also a member of the Council for Competitiveness and Entrepreneurship within the Russian Government, the Foreign Investment Advisory Council, and the Russian Government’s Commission for Issues Relating to the WTO and Collaboration with the OECD. In addition, he is a member of the Supervisory Board at Vneshtorgbank.