Former expert advisor to IMF heads PrivatBank’s Supervisory Board

“On July 31, 2019, during the first meeting in its new composition, the Supervisory Board of PrivatBank elected Sharon Easky as the new Chairwoman of the Board. Ms Easky previously was an international advisor to the U.S. Treasury’s Office of Technical Assistance and Expert Advisor to IMF,” reads the press release issued by the PrivatBank.

Minister of Finance of Ukraine Oksana Markarova welcomed the new composition of the Supervisory Board and the newly elected Chairwoman and reminded that they have a very difficult and responsible task: to fulfill the goals set out in the ownership policy and PrivatBank strategy based on the achievements of previous years.

“In line with the development strategy of the state banking sector, which serves as ownership policy for state-owned banks, PrivatBank has to be stabilized, rehabilitated, developed and returned to the market through privatization by 2022,” Markarova stressed.

As reported, on July 17, 2019, the government approved the composition of the independent members of PrivatBank Supervisory Board of PrivatBank that were nominated as a result of competitive selection in accordance with the procedure, approved by the Decree of the Cabinet of Ministers of Ukraine No. 267 dated March 27, 2019.

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