Viktor Gerashchenko was born in Leningrad on 21 December 1937.
In 1960 he graduated from Moscow Financial Institute.
Professor, Doctor of Economic Sciences.
In 1960-1961 accountant at the USSR State Bank.
In 1961-1965 accountant, inspector, expert, head of the department of USSR Vneshtorgbank.
In 1965-1967 director of Moscow Narodny Bank in London.
In 1967-1972 manager of the department of Moscow Narodny Bank in the Libanon republic.
In 1972-1974 deputy head of USSR Vneshtorgbank administration.
In 1974-1977 Chairman of the department of the Soviet Bank in Germany.
In 1977-1982 head of the department of Moscow Narodny Bank in Singapore.
Since 1982 deputy Chairman of the board of the USSR Bank of external economic activity.
In 1983-1985 deputy Chairman of the board of the USSR Bank for external trade.
In 1985-1987 first deputy Chairman of the board of the USSR Vneshtorgbank.
In 1988-1989 first deputy Chairman of the board of the USSR Bank of external activity.
In 1989-1991 Chairman of the board of the USSR State Bank.
In 1991 Chairman of the USSR State Bank.
In 1992 head of the department on credit policy issues of the International Fund of economic and social reforms.
In 1992 -1994 Chairman of the Central Bank of Russia.
In 1993-1994 RF representative in the Inerstate Bank Council.
In 1994-1995 worked at the research institute of the Bank of Russia.
Since 1996 Chairman of the board of the International Moscow Bank.
On September, 11, 1998 after retirement of Sergei Dubinin RF President Boris Yeltsin offered the State Duma to appoint Victor Gerashchenko head of the Central Bank.
Worked at the International Currency Fund, International bank of reconstruction and development, in the European bank of reconstruction and development.
In 2002 Gerashchenko resigned again, citing his advanced age, and accepted the post of Chairman of the Board in the notorious oil company Yukos.
He then joined the Rodina party as a co-chairman and made it to the State Duma as their representative.
He considered becoming an opposition candidate in the 2008 Russian Presidential election.
Married, has one daughter and a son.