Former head of the Central Bank of the Russian Federation Viktor Gerashchenko died at the age of 88.

Former head of the Central Bank of the Russian Federation Viktor Gerashchenko died at the age of 88. This was announced on May 11 by deputy Oksana Dmitrieva.

"Viktor Vladimirovich Gerashchenko Has died. A great financier, the best of those whom I met and was familiar with. <...> He had talent, intuition and experience that allowed him to make independent and correct decisions," she wrote in her Telegram channel.

Gerashchenko was born on December 21, 1937 in Leningrad (modern name — St. Petersburg) in the family of a banker. After graduating from the Moscow Financial Institute in 1960, he began his career as an accountant at the USSR State Bank, and in 1989 became chairman of the board of the regulator, where he worked until 1991.

The economist was appointed head of the Central Bank of Russia again in 1998, remaining in this post until 2002. Thus, Gerashchenko headed the country's main bank four times: twice the State Bank of the USSR, including the post-Soviet transition period, and twice the Central Bank of Russia.