Business news from Ukraine

Business news from Ukraine

Verkhovna Rada Committee on Finance has announced competition for vacant position on NBU Council

28 April , 2025  

The Verkhovna Rada Committee on Finance, Tax and Customs Policy has announced a competition for a vacant position on the Council of the National Bank of Ukraine (NBU), setting the deadline for applications as May 22, 2025.

“We had a meeting with the IMF, and they expressed their position on the need to fill the vacant position,” said committee head Danylo Getmantsev during the meeting.

He said that the deadline for accepting applications from candidates for the position of member of the National Bank Council is one month, until 4 p.m. on May 22, 2025.

“We will listen, conduct a selection process, as we always do – openly and transparently,” Getmantsev added.

As reported, in the memorandum of the extended financing program with the IMF, updated after the seventh review, the Ukrainian side noted that it plans to fill the vacant positions in the NBU Council by the end of April 2025.

In addition to the head of the NBU, the National Bank Council has eight other members: four are appointed by the president and four by the Verkhovna Rada for a term of seven years. Currently, Igor Veremiy and Vasily Furman have been appointed under the president’s quota (in June and November 2022), and Vasily Gorbali, Anatoly Barsukov, and Elena Shcherbakova have been appointed under the Verkhovna Rada’s quota (in September 2020 and December 2022).

 

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