Pyotr Lomako was born to a family of peasant laborers on 12 July 1904 in Temryuk, Krasnodar. He studied for three years at the Plekhanov Institute of the National Economy before graduating in 1932 from the Moscow Institute of Nonferrous Metals and Gold. Between 1932 and 1939 he worked as an industrial manager: as a foreman, master, chief of shop, and then assistant to the chief engineer of a factory in Leningrad, and then from 1937 as director of a nonferrous metals factory in the Ivanovo region.
Political career
Lomako joined the Communist Party in 1925. In 1939 he was made an assistant to the People's Commissar for Nonferrous Metallurgy, and in 1940 he was promoted to the post of Narkom. Lomako was a Deputy of the Supreme Soviet of the USSR, being elected in the 2nd and the 4th through 8th elections to the body, serving between 1946 and 1950 and 1954 to 1989.
As an industrial Narkom, Lomako played an important role in maintaining Soviet industry after the outbreak of war in 1941. In particular, he was responsible for managing the mass evacuation of Soviet industry to the Ural mountains region.
Post-War
Following the Second World War, Lomako remained Narkom and subsequently Minister for Nonferrous Metallurgy until 1948. Between 1948 and 1950, he served as Deputy Minister for the Iron and Steel Industry. He was returned to original portfolio as a Minister in 1950, and then made Deputy Minister for Iron and Steel once again in 1951, before serving for a third time as Minister for Nonferrous Metallurgy between 1954 and 1957. In 1957 Lomako left Sovmin, becoming Chairman of the KrasnoyarskPeople's Economic Council, a position he held until 1961.
Pyotr Lomako was selected to succeed Veniamin Dymshits as Chairman of Gosplan, the State Planning Committee, on 24 November 1962. Lomako oversaw the transitional period between Nikita Khrushchev and Leonid Brezhnev, and was therefore responsible for coordinating the Soviet economy at a time of economic uncertainty. As Lomako was also Deputy Chairman of Sovmin during this period, he fell under the direct influence of Alexei Kosygin, the reformist Premier. Lomako was responsible for coordinating a reformist economic policy, and is argued by contemporary Western analysts such as G. W. Simmonds to have been removed by Brezhnev in 1965 as part of a bid to weaken Kosygin's power and reintroduce economic conservatism. After his removal from Gosplan, Lomako served as Minister for Non-Ferrous Metallurgy until 1985. He died in 1990 at the age of 85.