Valeriy Babych facts for kids
Valeriy Georgievich Babych (born August 25, 1953 – died October 29, 2020) was an important figure in Ukraine. He was a politician, an economist (someone who studies how money and resources work), and a businessman. He served as a member of the Verkhovna Rada, which is Ukraine's parliament, from 1994 to 2002.
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Valeriy Babych: A Life of Service
Early Life and Education
Valeriy Babych was born in a town called Brody in the Lviv Oblast region of Ukraine. He later studied in Kyiv, the capital city. After finishing his studies, he worked at the National Academy of Sciences of Ukraine. He also worked with youth groups and in government offices like the State Plan of Ukraine and the Council of Ministers of the Ukrainian SSR. These roles helped him understand how the country worked.
Building Businesses and Helping Ukraine
In 1990, Valeriy Babych started his own company called "Inter-Invest." A year later, in 1991, he became the head of a big financial group called RAO "Ukrainian Exchange." This group later changed its name to JSC "Ukrainian Financial Group," and he became its president.
From 1993 to 1994, he worked as an adviser to the President of Ukraine, Leonid Kravchuk. He helped the president with ideas about how to build a strong market economy in Ukraine. This means he advised on how businesses and money could work freely.
A Leader in Politics and Public Service
Valeriy Babych was elected to the Verkhovna Rada, Ukraine's parliament, in both the 1994 and 1998 Ukrainian parliamentary election. As a member of parliament, he helped make laws for the country.
He also started and led many public groups. These groups supported big changes in Ukraine, like making the country more democratic and improving its economy. For example, he was the president of the Congress of Stock Exchanges of the USSR in 1991. Later, in independent Ukraine, he led groups like the Congress of Business Circles of Ukraine and the All-Ukrainian Association of Entrepreneurs. These groups helped business people work together.
From 1998 to 2003, he was the chairman of a political party called "All-Ukrainian Union "Cherkashchany"". He continued to lead the Ukrainian Financial Group, becoming its chairman in 2004 and heading the whole corporation in 2006.
Giving Back to the Community
Valeriy Babych was also one of the people who helped create the Ukrainian Union of Industrialists and Entrepreneurs. This group helps businesses and industries in Ukraine. He was often chosen to be part of its leadership.
He also led the Federation of Friendship Societies of Ukraine with other countries. This group helps Ukraine have good relationships with nations around the world. He was also the president of the Ukrainian International Christian Charitable Foundation and a vice-president of the Ukrainian International Foundation Taras Shevchenko.
Valeriy Babych did a lot of charity work. He supported many projects in science, education, culture, art, literature, and sports. He helped these areas grow by providing money and support.
Later Life and Legacy
Valeriy Babych passed away on October 29, 2020, at the age of 67. He died from COVID-19 in a hospital in Kyiv, Ukraine, during the COVID-19 pandemic in Ukraine. He is remembered for his work in business, politics, and for his efforts to help Ukraine grow and connect with the world.
