Natalija Jaresko

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Natalija Jaresko

Natalija Enn Jaresko ( Ukrainian Наталія Енн Яресько *, 1965 as Natalie Ann Jaresko in Chicago , Illinois , United States ) is an American- Ukrainian government officials and investment banker who worked their two home countries for government agencies.

In the 1990s, she worked for the United States Department of State and from 1992 to 1995 she headed the economic department of the US Embassy in Kiev . From 2001 to 2006 Jaresko was president and managing director of the US AID funded WNISEF, responsible for investments in Ukraine and Moldova , and then until 2014 managing director of the financial investor Horizon Capital she founded. From December 2, 2014 to April 14, 2016, she was Minister of Finance of Ukraine. Since 2017 she has been Managing Director of the Fiscal Control Board of Puerto Rico, which is supposed to deal with the debt crisis there and the largest national bankruptcy in American history.

biography

Jaresko's parents are Ukrainian immigrants who emigrated from Ukraine to the United States after World War II . Natalija grew up bilingual, studied at DePaul University , where she obtained a Bachelor of Science degree in accounting in 1987 . In 1989 she gained at the Harvard Kennedy School the Master of Public Administration . After completing her studies, Jaresko started as an economic advisor at the US State Department , where she most recently coordinated the activities of several US departments as well as the IMF and the World Bank in relation to the former states of the Soviet Union. In 1992, a few months after Ukraine gained independence from the Soviet Union , the then 27-year-old moved to Kiev to head the economic department of the US embassy.

In 1995 she resigned at the embassy and, together with her husband Ihor Figlus, who introduced her to the matter, managed private funds that invested hundreds of millions of dollars from the USA and Europe in Ukrainian companies. From 2001 she held the position of managing director and chairman of the board of the US AID (Agency for International Development) with a start-up capital of 150 million dollars, Western NIS Enterprise Fund (WNISEF), responsible for investments in Ukraine and Moldova. Accordingly, she traveled regularly between the United States and Ukraine, and since 1992 her main residence has been in Ukraine. In 2004 she got enthusiastic about the Orange Revolution .

In 2006, she and her husband and three of their business partners founded the investment bank Horizon Capital , which has invested in more than 100 US and European companies. Since their divorce in 2010, all references to Figlus, who is still a partner, have disappeared from the company's external image. Horizon Capital is one of the main financiers of the Open Ukraine - Arseniy Yatsenyuk Foundation ; other supporters include Chatham House , NATO , German Marshall Fund , National Endowment for Democracy and the US State Department.

Jaresko was a member of the advisory board responsible for foreign investments of President Viktor Yushchenko , who came to power with Yulia Tymoshenko .

On December 2, 2014, Jaresko was naturalized in an urgent procedure by decree of President Petro Poroshenko , together with the Lithuanian Aivaras Abromavičius and the Georgian Alexander Kwitashvili . On the same day, as a member of the Petro Poroshenko Bloc , she was appointed Ukrainian finance minister in the new cabinet under the leadership of Prime Minister Arseniy Yatsenyuk . After the government fell on April 14, 2016, her tenure as finance minister ended. Before that, she was considered by Poroshenko, among others, as a promising candidate for the leadership of a technocratic government that appeared necessary and had already prepared it, but failed due to resistance from the governing parties. Instead, the new prime minister was the BPP politician and previous parliamentary speaker Volodomyr Hroysman .

After the end of her reign in Ukraine, Jaresko was appointed managing director of the Fiscal Control Board of Puerto Rico established by the US Congress on March 23, 2017 in the wake of the Puerto Rican debt crisis, the largest bankruptcy in the history of US government bonds Supervise and enforce debt restructuring and the creation of a financial savings plan, and has extensive powers over the government due to Puerto Rico's territory status.

criticism

Poroshenko cited her experience in the private equity business to justify his unusual decision to let an American manage Ukrainian finances and give her citizenship. The US State Department denied having influenced her appeal.

Private

Jaresko was married to Ihor Figlus and has two daughters.

Individual evidence

  1. Кабінет Міністрів України kmu.gov.ua. Retrieved December 8, 2014.
  2. a b c d e Яресько Наталья file.liga.net.
  3. a b Ukraine naturalises financial investors - and gives them central ministerial posts. In: Manager Magazin. 3rd December 2014.
  4. ^ A b Robert Parry : The new finance minister of Ukraine and recipient of orders from the American government: Natalie Jaresko. ( Memento of the original from December 22, 2014 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. cashkurs.com on December 12, 2014. @1@ 2Template: Webachiv / IABot / www.cashkurs.com
  5. Homepage of Open Ukraine: Partners . Retrieved December 18, 2014.
  6. President signed decrees on granting Ukrainian citizenship to three candidates for the ministerial posts ( Memento of the original from December 9, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. president.gov.ua. @1@ 2Template: Webachiv / IABot / www.president.gov.ua
  7. The second cabinet of Arseniy Yatsenjuk. ukraine-nachrichten.de. 2nd December 2014.
  8. Затверджений новий склад Кабміну korrespondent.net . 2nd December 2014.
  9. "Armored Protection of English Law for Euromarket Bonds". In: heise.de. Retrieved March 30, 2017 .
  10. ^ Ex-Ukrainian finance minister, originally from Chicago, to oversee Puerto Rico economic crisis. In: chicagotribune.com. Retrieved March 30, 2017 (English).