Since July 2021, Sergiy Nikolaychuk has been working as a Deputy Governor of the National Bank of Ukraine (NBU). In this role, he has oversight of monetary policy, statistics, and international relations. Sergiy used to work at the NBU from 2004 to September 2019. Starting his career as an economist, he was promoted to a Director of the Monetary Policy and Economic Analysis Department in 2015. Sergiy has contributed heavily in implementing inflation targeting in Ukraine and establishing research function at the NBU. Then, in September 2019, Sergiy joined the Ministry of Economy as Deputy Minister where he was responsible for the analytical support of economic policy-making decisions, macroeconomic forecast and attracting investments. In April 2020, Sergiy moved to Investment Capital Ukraine (ICU), where he worked as a head of macro research. Sergiy was responsible for analytical support of investment decisions, both on global and domestic capital markets. Sergiy conducts research on monetary and macroeconomic issues. He is a visiting lecturer at the Kyiv School of Economics and the National Taras Shevchenko University of Kyiv. In 2004, Sergiy received a MA in Economics from the National Taras Shevchenko University of Kyiv. He holds a Ph.D. in Economics from the same university.