Education
He graduated from the Moscow State Institute of International Relations in 1984. He studied at Georgetown University in Washington D.C., United States in 1994.
Marchenko served at Kazakhstan's National Bank, the country's central bank, as Deputy Governor from 1994 to 1996. After that he worked as Head of the National Commission on Securities from 1996–1997, then as CEO of Deutsche Bank Securities (Kazakhstan) until 1999. Thereafter he returned as Governor to the National Bank which position he held from October 1999 till January 2004.
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