August 29th 2018

PrivatBank’s Supervisory Board Approved the Management Board New Structure and Composition

Effective August 28, 2018, a new structure for the Bank’s management board was approved by the Supervisory Board

“The management board structure is better aligned with the Bank’s tasks in the transformation period and the best European practices with a focus on the implementation of the approved Bank’s development strategy”, - Engin Akcakoca, the supervisory board chairperson, noted.

Galyna Pakhachuk (head of bad asset management and the treasurer) and Anna Samarina (CFO) are appointed as deputy CEOs.

Oleg Sergeyev (corporate business function), Oleksandr Dreling (IT director), and Sergiy Kharytych (e-commerce business) are appointed as the management board members.

Three new members – Oleksiy Shaban (retail business), Larysa Chernyshova (risk management) and Igor Lebedynets (compliance, financial monitoring and legal function) – joined the management board. Valentyna Yarmolenko remains PrivatBank’s chief accountant.

The new structure streamlines the Board by eliminating the position of the first deputy CEO and reduces the members of deputy CEOs to two.

All the necessary documents concerning the newly appointed management board members(Oleksiy Shaban, Larysa Chernyshova and Igor Lebedynets) will soon be submitted to the National Bank of Ukraine for approval.

PrivatBank Press Center

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