Yermak discusses corporate reform with the chairman of the PrivatBank supervisory board

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Chief of the President’s Office Andriy Yermak discussed corporate reform with PrivatBank Supervisory Board Chairperson Sharon Easky and agreed to permanent contact to resolve operational issues in the business of the bank.

“The parties agreed on the need to maintain constant contact and direct dialogue in order to respond quickly to possible challenges in the area of ​​corporate reform and, in particular, to operational matters of PrivatBank”, informs the department of press from the President’s Office.

Yermak also assured Easky that President Volodymyr Zelensky supports the idea of ​​corporate reform and aims to ensure further progress in the corporate governance of state-owned enterprises and state-owned banks.

As reported, the head of the president’s office thanked Easky and the entire supervisory board and management of PrivatBank “for the conscientious performance of its duties and work in the interest of the Ukrainian people”.

As reported, the PrivatBank Supervisory Board announced on May 27 the appointment of Gerhard Boesch as the next Chairman of the Board.

PrivatBank, nationalized by the NBU in December 2016, is Ukraine’s largest commercial bank in terms of number of customers, value of assets, loan portfolio and amount of taxes paid to the state budget.

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