In 1982, he graduated from the Kirovohrad Institute of Agricultural Engineering with a degree in power supply for industrial enterprises.

[2] Between 1990 and 2004, he was a director and then chairman of the board of the open joint-stock company Poultry Plant in Kirovohrad.

[7] Four years later, he again unsuccessfully ran for the Ukrainian national parliament Verkhovna Rada from the bloc "For United Ukraine!".

[8] In the 2006 Ukrainian local elections, he became a member of the Kirovohrad Oblast Council of the 5th convocation.

[10] In the 2010 Ukrainian local elections, he was reelected as a member of the Kirovohrad Oblast Council.

[13] On 7 March 2022, by decree of the President of Ukraine Volodymyr Zelenskyy, Raykovych was appointed Governor of Kirovohrad Oblast.