Management boards

  • Board of the Bank
  • Committees
  • Supervisory Board


Mr. Olexandr DUBILET   Mr. Dubilet joined PrivatBank in 1992. Before being named Chairman of the Bank's Board in 1997 he held the position of First Deputy Chairman from 1994-1997.

Mr. Dubilet has extensive professional experience in finance and management and has 21 years of successful experience in banking. In 2000 he defended his candidate for sciences’ thesis "Strategic planning in transition economies for commercial banks" at Ukrainian National Metallurgical Academy.

Olexandr Dubilet was named as “National Person of the Year" in 2003 and as "Ukrainian Financier of the Year" in 2004.

Education: Dnipropetrovsk Metallurgical Institute (Corporate Economics).


Chairman of the PrivatBank's Board


Mr. Iurii PIKUSH   Mr. Pikush is responsible for the "Development of Regional Network" and "Finance and Risks".

He has worked in PrivatBank since 1992. He has been filling the position of General Deputy Chairman since 2002. Prior to that he headed the Development and Investment Division, and was Deputy Chairman on Credit Policy, and Treasury Head. Iurii has more than 20 years of experience in banking. In 2006 he defended his candidate for sciences’ thesis: "Management of banking competitiveness in the context of financial liberalisation" at Dnipropetrovsk National University, in 2007 he defended his candidate for sciences’ thesis on "Finance, money circulation and credit" at the Banking Academy of Ukrainian National Bank.

Education: Dnipropetrovsk Metallurgical Institute (Economics and Organisation of Metallurgy).

General Deputy Chairman of the PrivatBank's Board

Ms. Liubov CHMONA   Liubov joined PrivatBank in 1995. Her career began as the main specialist in the Credit and Investment division, and was appointed as Head of Department for Industrial and Commercial VIP-Clients. In 2002 she became Deputy Chairperson of the Bank’s Board – Head of Business Budgeting for industrial and commercial enterprises. Liubov has more than 18 years of experience in banking.

Education: А Kyiv Institute of National Economy ("Economics).

Deputy Chairperson of the Bank’s Board – Head of Business Budgeting for Industrial and Commercial Companies

Mr. Dmytro DUBILET   Mr. Dubilet has been working at PrivatBank since 2000. He was self-employed with his own business in the IT-sector from 2005 – 2009. He held the position of Deputy Chairman of PrivatBank's Board – Head of the Public Relations Division from 2011-2013. In 2013, Dmytro was appointed as Deputy Chairman of PrivatBank's Board – Head of the Information Technology Division.

Education: Taras Shevchenko National University (Kiev), London Business School: M.B.A.

Deputy Chairman of the Management Board - IT-director of Main Branch

Mr. Oleg GOROKHOVSKIY,   Mr. Gorokhovskiy joined PrivatBank in 1997. He has worked in the Forex Board, Correspondent Relations Department, headed the Office of Interbank Transactions, and also headed the Office of Corporate Credit Business. In 2002 he took up a position as Head of the Individual VIP-Client Services Business – and was appointed Deputy Chairman of the Bank’s Board in September 2004. He has been responsible for the Credit Cards Division since March 2008. Oleg has more than 16 years of experience in banking.

Education: Dnipropetrovsk Metallurgical Institute (Corporate Economics).

First Deputy Chairman of the PrivatBank’s Board - Head of the Credit Cards and Salary Projects Division

Ms. Tetiana GURIEVA   Tetiana has worked in PrivatBank since 1992. Her career began as an expert in the credit department. In 1994 she was appointed as Head of the Personal Banking Services Department, and in 1998 she became Head of the VIP-Services. In 2000 she was appointed as Deputy Chairperson of the Bank’s Board. She has been the Head of the Client Service Business since 2002. Tatiana has more than 20 years of experience in banking.

Education: Dnipropetrovsk National University (History); Kiev International Centre of Market Relations and Business: Higher Banking School (Banking): M.B.A.

Deputy Chairperson of the PrivatBank’s Board - Head of the Client Services

Ms. Liubov KOROTINA   Liubov joined PrivatBank in 1992. She took up the position as Chief Accountant of PrivatBank in March 1994. Prior to that she had worked as Deputy Chief Accountant. Before joining PrivatBank she was Deputy Chief Accountant of the "Dnipro" Bank. Liubov has more than 20 years of experience in banking.

Education: Odesa Institute of National Economy (Accounting).

Chief Accountant of PrivatBank

Mr. Vadim KOVALYOV   Mr. Kovalyov joined PrivatBank in 1993. In the beginning of his career he worked in the Plastic Card Department, was appointed as the Head of Processing Center and then as the Head of Plastic Card Department. In 2000, he moved to Moscomprivatbank as the Deputy Chairman and later as the First Deputy Chairman of the Board.

In 2008, Vadim headed the newly created Risk-Management Directorate. In 2014 he was appointed as the Deputy Chairman of the Board.

Mr. Kovalyov has more than 22 years of experience in banking.

Education: National Metallurgical Academy of Ukraine, Kyiv High Banking school of International Centre of Market Relations and Business (Banking).

PhD

Deputy Chairman of the Bank’s Board - Head of Risk-Management Division

Mr. Stanislav KRYZHANOVSKYY   Mr. Kryzhanovskyy joined PrivatBank in May 2009. He has 4 years of experience in banking. In 1999 he received the State award of "Order For Merits" III Degree, and in 2004 – the Danilo Halitsky Order.

Education: Kryvyi Rih Institute of Mining (Industrial and civil engineering), Ukrainian State Law Academy.

Deputy Chairman of the PrivatBank’s Board - Head of the Security Division

Mr. Roman NEGYNSKYI   Mr. Negynskyi joined PrivatBank in 1997. His career began as an expert in the microcredit programme and in 1999 he became Head of the microcredit programme. He was appointed Deputy head of the retail business in 2001, and worked as Head in 2002. In 2008 he was appointed Head of Business to work with commercial enterprises. He became Deputy Chairman of the Bank’s Board – Head of Business to work with commercial enterprises this year (2014). Roman has more than 18 years of experience in banking.

Education: Zaporozhe Institute of State and Municipal Management (Corporate Management), National University of Kyiv – Mohyla Academy" (Economy and Business): M.B.A.

Deputy Chairman of the Bank’s Board - Head of Cooperation with Retail Companies Division

Mr. Timur NOVIKOV   Mr. Novikov has been working in PrivatBank since 1995. He has held the position of the Deputy Chairman of the Bank’s Board – Head of Investment Banking since 1999. He has been the First Deputy Chairman of the Bank’s Board – Head of Investment Division- since 2004. Timur has more than 18 years of experience in banking.

Education: Dnipropetrovsk State Mining Academy (Finance and Credit); Kiev Entrepreneurship: Higher Banking School (Corporate Economics): M.B.A.

First Deputy Chairman of the PrivatBank’s Board - Head of Investment Division

Ms. Liudmyla SHMALCHENKO   In 1994 Liudmyla joined PrivatBank as Chief on Analysis and Planning of exchange reserves and mortgage transactions. In 1997 she was appointed as Head of Bureau and, in 2000, as Head of Department. She has been Director of Treasury since 2002. In 2005, Liudmyla was appointed as Deputy Chairperson of the Bank’s Board – the Treasury Head. Lyudmila has more than 18 years of experience in banking.

Education: Dnipropetrovsk Metallurgical Institute (Economics).

Deputy Chairperson of the PrivatBank’s Board - Director of Treasury

Mr. Igor TEROKHIN   Igor joined PrivatBank in 1993. His career began as an accountant in the Clearing Department. In 2003 he was appointed as Head of the Financial Monitoring Department. Igor has more than 20 years of experience in banking.

Education: Dnipropetrovsk Metallurgical Institute (Metal Forming); Higher Banking School (Banking): M.B.A.

Head of Financial Monitoring Department

Mr. Oleksandr VITYAZ   Mr. Vityaz joined PrivatBank in 1996. He has held a position as Centre Head for e-Business since 2002. Prior to that he worked in the Bank's main branch in Dnipropetrovsk as Head of Plastic Cards Department. Oleksandr has more than 16 years of experience in banking.

Education: Donetsk Polytechnic Institute (Applied Mathematics).

Deputy Chairman of the PrivatBank’s Board - Head of eBusiness Center

Mr. Volodymyr YATSENKO   Mr. Yatsenko has been working in PrivatBank since 1995. In1998 he was appointed as Deputy Chairman of the Board. He has been filling the position of First Deputy Chairman of the Bank’s Board – Head of Corporate Business- since November 2004. He has held the position of the First Deputy Chairman of Bank’s Board – Head of Corporate VIP-Client Business and the United Credit Centre since April 2010. He has been First Deputy Chairman of the Bank’s Board – Head of the Corporate VIP-Client Business since 2011. Volodymyr has more than 18 years of experience in banking.

Education: Dnipropetrovsk State University (Information Management Systems and Technologies); M.B.A.

First Deputy Chairman of the PrivatBank’s Board - Head of the VIP Corporate Division

Mr. Volodymyr ZAVOROTNY   Mr. Zavorotny joined PrivatBank in 1992. He worked as the Kyiv Branch Director, and in April 1997 was appointed as Deputy Chairman of the Bank’s Board – the Director of Kyiv Main Regional Branch.

Education: Ukrainian Agricultural Academy (Agricultural Electrification, Corporate Management); Ukrainian Banking Academy (Banking): M.B.A.

Deputy Chairman of the PrivatBank’s Board - Director Kiev Main Regional Branch


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The Credit Committee determines the total bank credit policies, analysing possible risks for various types of operations and forming the credit process structure

Mr. Olexandr DUBILET,

Head of the Committee - Chairman of the Bank's Board.

Mr. Iurii PIKUSH,

Deputy Head of the Committee - General Deputy Chairman of the PrivatBank's Board

Ms. Liubov CHMONA,

Deputy Chairperson of the Bank’s Board – Head of Business Budgeting for Industrial and Commercial Companies

Mr. Oleg GOROKHOVSKIY,

First Deputy Chairman of the PrivatBank’s Board - Head of the Credit Cards and Salary Projects Division

Ms. Tetiana GURIEVA,

Deputy Chairperson of the PrivatBank’s Board - Head of the Client Services

Mr. Vadim KOVALYOV,

Deputy Chairman of the PrivatBank’s Board - Head of Risk-Management Division

Mr. Stanislav KRYZHANOVSKYY,

Deputy Chairman of the Bank’s Board - Head of the Security Division

Mr. Gennadiy LYNS'KYY,

Head of Finance and Risk Division

Mr. Volodymyr MATSAK,

Director of Dnipropetrovsk Regional Office

Mr. Timur NOVIKOV,

First Deputy Chairman of the PrivatBank’s Board - Head of Investment Division

Mr. Oleksii SHABAN,

Head of Business Services (for individual VIP-clients)

Ms. Liudmyla SHMALCHENKO,

Deputy Chairperson of the PrivatBank’s Board - Head of Treasury

Mr. Olexandr SOKOLOVS'KYY,

Credit Committee Executive Secretary – Head of Internal Control and Fraud-Management Division

Mr. Volodymyr YATSENKO,

First Deputy Chairman of the PrivatBank’s Board - Head of the VIP Corporate Division

Mr. Oleksandr Kukic,

Chairman of the PrivatBank (Latvia) Board

The Budget Committee deals with matters of planning, optimisation and control of the process of acquiring the resources
needed to implement the bank's strategy, managing the distribution of incomes and inter-departmental expenses

Mr. Olexandr DUBILET,

Head of the Committee - Chairman of the Bank's Board

Mr. Gennadiy LYNS'KYY,

Head of Finance and Risk Division

Mr. Iurii PIKUSH,

Deputy Head of the Committee - General Deputy Chairman of the PrivatBank's Board

    The main function of the Credit Committee is to monitor the implementation of the credit and deposit policy of the bank, namely:

    1. Maintaining the normative base on a highly methodical and technological level.
    2. Ensuring planned profitability and level of credit portfolio risk appetite in terms of main products.
    3. Rating of asset quality and adequacy of formed reserves (to be reviewed by the Credit Committee using electronic voting)
    4. Optimisation of the bank credit portfolio structure.
    5. Consideration and decision-making on crediting within the frameworks of delegated liability limits, as well as decisions on non-standard deals without any approved schemes of operation.
    6. Review of the pricing policy of the financial market.
    7. Consideration of the efficiency of the credit and deposit policy of the main business lines.
    8. Examination of situation of bank bad assets history in view of basic products, businesses and recovery channels.
    9. Analysis of base cost of bad asset recovery.
    10. Analysis of asset and liability structure.
    11. Analysis of liability prime cost.
    12. Taking a decision on interest rates.


    Functions of the Budget Committee

    1. Approval and coordination of the business planning process of PrivatBank and partner banks.
    2. Setting tactical and strategic aims by key budget indices of PrivatBank and partner bank activities.
    3. Discussion of the business plans of structural divisions, KPI approval for PrivatBank and partner bank directors.
    4. Approval of the consolidated business plan for PrivatBank and partner banks.
    5. Control of the fulfillment of business plan indices and KPIs of branch managers.
    6. Discussion and decision-making on bank overhead optimization.KPI overhead performance control.

Mr. Volodymyr Semenovych STELMAKH,

Chairman of the Supervisory Board

Mr. Gennady Borysovych BOGOLIUBOV,

Member of the Supervisory Board

Mr. Igor Valeriyovych KOLOMOISKY,

Member of the Supervisory Board

Mr. Victor Ivanovich LISITSKYI,

Member of the Supervisory Board

Mr. Oleksii Georgiyovych MARTYNOV,

Member of the Supervisory Board

Functions