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Privatbank appoints temp chief

The resignation of Oleksandr Shlapak was announced back in June.

Privatbank appoints temp chief
Photo: Photo: Max Levin

The Supervisory Board of Privatbank on July 20 accepted the resignation of COB Oleksandr Shlapak to replace him with Halyna Pakhachuk, who has served as Shlapak's deputy, industry publication FinClub said on 21 July.

Shlapak's resignation was announced back in June.

Privatbank has hired Amrop Executive Search Ukraine, a headhunting company, to select candidates for top posts.

On December 21, 2016, Ukraine nationalized Privatbank on the brim of insolvency.