Alexander Alexandrovich Basansky was born on 6th of May 1963 in Dikanka village, Poltava region, Ukrainian SSR.
In 1982 he graduated from Marganets secondary mining school in specialty «mining electrical engineering», with qualification of «mining electromechanician».
In 2001 he graduated from Moscow State Open University in specialty «Mining electrical engineer».
From 1981 till 1982 he was working at Marganets mining and processing works named after 60th anniversary of Soviet Ukraine. From 1982 till 1984 he served in the Soviet Army. In 1985 he began his labor career at mining and processing works in Karamken settlement of Magadan region. Since 1998 till present time he is director of ООО «Agat», Chairman of the Board of CJSC «Kolymsky Production and Commercial Concern «Arbat».
He was awarded with a second class medal of the order of Merit for the Motherland, Certificate of Merit of the State Duma of the Federal Assembly of the Russian Federation, Certificate of Merit of the Council of Federation of the Federal Assembly of the Russian Federation, Certificate of Merit of Magadan regional administration.
In 2003 he was awarded with the title of Citizen of Honor of Khasynsky county of Magadan region.
From 1997 till 2015 he was elected as a deputy of Magadan Regional Duma.
On 26th of March 2016 he was elected as the First Deputy Chairman of Magadan Regional Duma on unprofessional basis.