Nikolai Konstantinovich Baibakov (Russian: ??????´? ?????????´????? ???????´?) (6 March 1911, Sabunchu, near Baku, Russian Empire – 31 March 2008, Moscow) was a Soviet statesman, economist and Hero of Socialist Labor.
He finished secondary school in 1928 and entered the Azerbaijan Oil and Chemistry Institute, from which he graduated in 1931 as a mining engineer.
In 1935, he was drafted into the armed forces.
After completing his military service, he was appointed chief of the oilfield production department in an industrial complex in the USSR.
Later he was promoted to chief engineer, then general director.
He was in charge of evacuating oil industry facilities to the eastern regions during the Nazi invasion.
Then he was appointed as narkom of the oil Industry of the USSR in 1944 serving until 1946.
Because of his success in the planning of the oil industry sector of the Soviet Union and experience in economics, he was appointed as the head of Gosplan (State Planning Committee) of the USSR twice (1955–1957, 1965–1985).
Nikolai Baibakov retired in 1985.
But he continued to work as a state councilor in the Presidium of the Council of Ministers of the USSR as of 1988.
Then he was appointed head of the oil and gas section of the Academic Board of the Oil and Gas Institute with the Russian Academy of Sciences.