Among the successful and influential women of the Russian Federation, Elvira Nabiullina occupies a special place. Her natural data - the highest professionalism in the field of economics and strategic thinking - allowed her to occupy the position of chief economist of the country in her 40s.
Elvira Sahipzadovna Nabiullina is the first woman banker in the history of the Russian Federation. But not only this is its uniqueness. According to analysts and experts, it was she who managed to create a favorable atmosphere for the restoration and development of the state economy and normalize the business climate in Russia. So who is she - Elvira Nabiullina? Where was she born, what kind of education did she get, what career path did she go, who is her husband, does she have children?
Biography of the head of the Central Bank of the Russian Federation Elvira Nabiullina
Elvira Sahipzadovna was born in the capital of Bashkortostan Ufa in late October 1963. The family of the future economist of Russian scale was simple but intelligent, the children - the daughter of Elvira and the son of Irek - were brought up in severity. Due to the employment of their parents, their grandmother was engaged in their education.
Little Elvira did not deliver much trouble to either parents or grandmother. The girl studied well, school sciences were easy for her, children's pranks were not interesting.
According to the results of final school exams, Elvira became a gold medalist, which became a kind of ticket to her future life - the girl entered the Faculty of Economics without problems at Moscow State University.
Education in the life of Elvira Nabiullina
The economics department of Moscow State University was chosen, according to Elvira Sakhipzadovna herself, as something else unknown. The girl entered the university without difficulty, showed excellent results during her studies. The leadership of the educational institution noted the success of a diligent student, and in 1985 she became a member of the CPSU.
Upon completion of training, Elvira Nabiullina became a graduate student of the Department of Economics and National Economy of Moscow State University and even began work on her dissertation, but it did not come to the defense. Later, her research was reflected in the dissertations of other authors.
Already in the period of career development at the RF Ministry of Economic Development, Elvira Nabiullina passed leadership training at Yale University. Another diploma of a prestigious university of international importance allowed Nabiullina to reach a new career level - to become a member of the Russian government, more precisely, to head the Ministry of Economic and Trade Development of the state.
Career of Elvira Nabiullina
A year after graduating from graduate school at Moscow State University, Nabiullina was accepted to the post of chief specialist in economic reforms at the Directorate of the USSR Scientific and Industrial Union. This was a great start in the career of an economist.
In just 3 years, Elvira, thanks to her analytical skills and hard work, became the leading specialist of the Ministry of Economy of the Russian Federation. Further steps in Nabiullina’s career are striking:
- 1997 - Deputy Minister of Economy of Russia,
- 1998 - Member of the Board of Promtorgbank,
- 1999 - Vice President of the German Gref Foundation,
- 2000 - First Deputy Minister of Trade and Economics of the Russian Federation,
- 2003 - President of the Center for Strategic Research,
- 2008 - Minister of Economy of the Russian Federation.
In 2013, the Russian State Duma adopted, almost unanimously, a decision to appoint Elvira Nabiullina to the post of chairperson of the Central Bank of the Russian Federation.
The activities of Elvira Nabiullina in the Central Bank of the Russian Federation
The first thing that Nabiullina did by adopting the board of the Central Bank of the Russian Federation was the establishment of supervision of organizations and companies that provide credit services to private and legal entities. As a result of the execution of her order, licenses for financial activities were revoked from almost 30% of organizations, both state and commercial. Compensation and refunds were paid to customers of banks.
During the reign of the Central Bank of the Russian Federation, Nabiullina experienced a fall in the ruble, and it depended on her how quickly the country's economy would recover. Elvira Sakhipzadovna introduced the so-called “floating rate” practice, which allowed to stabilize the situation and significantly reduce the impact of external factors on the state of the economy in Russia.
Nabiullina’s high analytical abilities are noted not only by Russian, but also international experts. It was she who was awarded the Euromoney Prize in 2015 for achieving banking, investment and financial direction. For the first time, a woman was named the best banker, which says a lot. There are enough criticisms of the activities of Elvira Nabiullina, but the results of her work suggest that she is a worthy financier.
