Babak Alena Net Worth 2024 – Learn More About Ukranian Politicians

Alena Valerievna Babak – ex-minister of development of communities and territories of Ukraine. Ukrainian politician, expert in the field of housing and communal services, ex-people’s deputy of Ukraine of the VIII convocation from the party Association Samopomich. Director of LLC “Institute for Local Development”.

Place of Birth. Education. Alena Babak was born on September 27, 1969 in the city of Krivoy Rog, Dnepropetrovsk region.

In 1996 she graduated from the Kiev State Pedagogical Institute of Foreign Languages ​​with a degree in Foreign Languages ​​with the qualification of a teacher of foreign languages ​​(English and French) with honors.

In 1996 she won a competition for a grant to study in the United States with the support of the Edmund Muskie Foundation and in 1998 received a master’s degree in Business Administration and specialization in finance from Old Dominion University (Virginia, USA).

Career. From 1998 to the present – a private entrepreneur, head of international projects, senior specialist in pricing and financial management in the housing and communal sector and the field of local development.

From 2004 until now he is a member of the board and co-founder of the All-Ukrainian charitable organization “Institute of Local Development”, where he is a specialist in financial management and pricing in the housing and communal sector.

Since April 2012 – Member of the Scientific Advisory Council under the National Commission for State Regulation of Public Utilities.

Since March 2014 – a member of the working group on reforming the housing and communal services under the Ministry of Regional Development, Construction and Housing and Communal Services of Ukraine.

Political career. From November 27, 2014 to August 2019, People’s Deputy of Ukraine of the VIII convocation, was elected to the Verkhovna Rada on the party list of the Self-Help Association. During the convocation, she held the position of Deputy Chairman of the Verkhovna Rada of Ukraine Committee on Construction, Urban Development and Housing and Communal Services. Co-chairman of the interfactional deputy association “Equal Opportunities”.

On August 29, 2019, the Verkhovna Rada approved the new composition of the Cabinet of Ministers, Alena Babak was appointed minister development of communities and territories of Ukraine.

On February 4, 2024, Alena Babak was dismissed from the post of Minister of Development of Communities and Territories, Babak wrote a statement of her own free will.

Scientific activity. Has 30 scientific works on the reform of housing and communal services and regulation of the activities of natural monopoly entities.