July 12th 2017

PrivatBank Supervisory Board choses recruitment agency for Chairman position

PrivatBank Supervisory Board informed that Amrop Executive Search Ukraine, a well-known internationally recognized company, has been appointed to find candidates for the vacancies of the Chairman of the Board (Chief Executive Director) and the First Deputy Chairman (Financial Director) of PJSC CB "PrivatBank".

Amrop was selected from the top 11 companies specializing in recruiting senior managers in the banking sector.

It is expected that filling the vacancies of Chairman of the Board and Deputy Chairman of the Board (Financial Director) will take four weeks:

- Two weeks gathering candidate applications and presenting a shortlist to the Supervisory Board for consideration;

- Two weeks for candidate interviews with the Supervisory Board.

The Supervisory Board will select the finalists from the shortlist, who will be given an opportunity to lead the changes aimed at maximizing the investment made by the state on behalf of the Ukrainian people. In general, this involves two main activities:

● To develop and implement the Bank's strategy with the main goal to restore growth and profitability. This involves adapting the business model and developing new sources of income as well as providing world-class internal control.

● To work with the Bank’s portfolio of problem loans and assets.

The main requirements are relevant professional experience in senior management positions in a bank and/or other financial institution; ability to play a leading role in the banking sector of Ukraine; entrepreneurial, managerial and leadership skills; courage to make tough decisions when necessary; consistency and reliability; knowledge of Ukrainian and/or Russian languages will be an advantage.

All interested candidates are invited to apply with their resume and cover letter to the e-mail address: ukraine@amrop.com. Please note that we reserve the right to consider only those candidates whose competencies meet the stated requirements.

PrivatBank Supervisory Board

PrivatBank Press Center

+380 92 716-08-81