Born 23 March 1956 in Moscow.
In 1979 graduated from the Economics Department of Lomonosov Moscow State University.
In 1982 completed postgraduate studies the Economics Department of MSU. Ph.D. in Economics. Professor.
Degree of Ph.D. in Economics from Pierre-Mendes University, Grenoble, France.
In 1982 - 1988 - the Assistant, the Associate Professor in the Moscow University of Civil Engineering.
1988 - 1991 - the Consultant, the Department Head of the "Communist" magazine editorial office.
1991 - the political reviewer in "Moskovskiye Novosti" newspaper.
1991 - 1992 - the Economic Councillor of the Government of the Russian Federation.
1992 - 1993 - the Director of the Group of Councillors for the Chairman of the Government of the Russian Federation.
1993 - 1994 - the Assistant of the First Deputy Chairman of the Government of the Russian Federation.
1994 - 1996 - the Deputy Director of the Economic Problems of the Transitional Period Institute.
In 1996 - 1998 - the Deputy Chairperson of the Moscow City Duma.
1998 - 2000 - the Deputy Director of the Economic Problems of the Transitional Period Institute.
2000 - 2004 - the First Deputy Minister of Finance of the Russian Federation.
2004 - 2013 - the First Deputy Chairperson of the the Central Bank of the Russian Federation.
From 24 June 2013 - the Minister of Economic Development of the Russian Federation.