Oschadbank’s Supervisory Board appointed a new Chairman of the Board: what is known
7 November 14:59
On November 4, the Supervisory Board of Oschadbank elected a new chairman of the board – the current deputy chairman for corporate business, Yuriy Katsiyon, has been appointed. His candidacy is subject to approval by the National Bank of Ukraine, after which the appointment will become official, "Komersant Ukrainian" reports.
This decision marks the end of the five-year period of leadership of Serhiy Naumov, who took over the state-owned bank in 2020 and led it through the crisis years, including a full-scale war.
Who is Yuriy Katsiyon?
Katsiyon has been working at Oschadbank for 24 years, rising from chief economist to deputy chairman of the board. His career is primarily related to corporate business, one of the bank’s key areas.
Education: Master’s degree in Bank Investment Management (Kyiv National Economic University).
Experience: 27 years in the financial sector.
According to the Supervisory Board, he has “considerable experience in implementing complex investment projects and structuring transactions, including those involving international financial institutions.”
Why this decision is important
The change of management comes at a time when state-owned banks play a key role in the country’s financial stability during the war.
Oschadbank, in particular, provides services for social payments, business support programs, lending to the agricultural sector and energy.
Analysts expect that Katsion will continue to support corporate clients and adapt banking instruments to the conditions of the war economy, and may also intensify cooperation with international partners in financing investment projects.
Oschadbank remains one of the two largest state-owned banks in Ukraine
In recent years, it has gone through the stages of network optimization, digitalization, and increased profitability.
The previous CEO, Serhiy Naumov, was thanked by the Supervisory Board for his “high professionalism and dedication.”
After the NBU approves his candidacy, Yuriy Katsiyon will officially take up his duties as Chairman of the Board.
His first steps, according to experts, will determine whether Oschadbank will be able to maintain its position among the leaders of the financial sector in the wartime economy and post-war recovery.
