Business news from Ukraine

Former Alfa-Bank has new management board

24 July , 2023  

Olena Zubchenko, Oleksiy Shklyaruk, Inna Tyutyun and Andriy Sokolov have become board members of Sence Bank (Kyiv, formerly Alfa-Bank) after its nationalization at the recommendation of the Ministry of Finance, according to the information on the website of the financial institution.

More detailed information about them is not yet available, but it is known that Zubchenko headed the Department of Financial Policy of the Ministry of Finance.

Shklyaruk, according to information in LinkedIn, since 2016 has served as a member of the board of Agroprosperis Bank and was responsible for the direction of risk management, before that he worked in Credit Agriclole – also in the field of risk management.

Sokolov, according to data in LinkedIn, has worked at Pivdennyi Bank since late 2017, including as head of the corporate business department since April 2020.

Tyutyun, according to information in LinkedIn, since June 2018 was deputy head of the board of the Ukrainian Association of Fintech and Innovation Companies, and previously deputy head of the board of Ukrgasbank.

As reported, the new head of the Board of Sense Bank became Dmitry Kuzmin, who for about half a year time headed a bank with foreign capital Universal Bank before its sale in late 2016 to Serhiy Tihipko’s TAS group. Prior to that, he worked at Raiffeisen Bank Aval and, even earlier, at Citibank, where he was chief accountant for more than a decade. After 2020, he was an independent member of the supervisory board of AS PrivatBank.

As reported, Sense Bank ranks 11th among 65 operating banks in Ukraine in terms of assets (about 3.4% of the assets of the entire banking system). It was nationalized in the last few days under a specially adopted law as a systemically important bank with majority shareholders from Alfa Group caught up in sanctions.