NBU Deputy Governor Nikolaychuk becomes 1st Deputy Governor instead of Rozhkova

The Council of the National Bank of Ukraine (NBU) at a meeting on Friday appointed Serhiy Nikolaychuk as the first deputy governor of the bank upon the nomination of central bank governor Andriy Pyshnyy.

As reported on the NBU website, at the same time Kateryna Rozhkova is terminating the powers of the first deputy governor of the bank due to the expiration of her term of office and dismissal from the position.

In his new position, Nikolaychuk will manage the vertical of subordination "Financial Stability", as well as temporarily - "Monetary Stability".

The National Bank will search for a candidate for the currently vacant position of deputy governor of the NBU.

Pyshnyy congratulated Nikolaychuk and thanked Rozhkova for her many years of work, the information says.

As reported, Nikolaychuk has been Deputy Chairman of the National Bank since July 2021. Before that, from 2004 to 2019, he worked his way up from economist to director of the Department of Monetary Policy and Economic Analysis at the central bank, after which he was appointed Deputy Minister of Economic Development, Trade and Agriculture.

Rozhkova has been working in the banking system of Ukraine since 1998, of which 12 years were in managerial positions: she was Deputy Chairman of the Board of Erste Bank, Finbank, Platinum Bank, in 2009 she headed the Department of Non-Visit Banking Supervision of the National Bank for six months, and from June 2015 to January 2016 - the Department of Banking Supervision of the central bank. After that, she became a member of the board and deputy governor of the NBU, then - first deputy governor.

The board of the National Bank, according to the law on the National Bank of Ukraine, consists of seven people: the governor of the bank, the first deputy and five deputy governors. All deputy governors are members of the NBU board ex officio.