Business news from Ukraine

Business news from Ukraine

Natalia Gurina will become chair of board of Raiffeisen Bank on January 1, 2026

11 November , 2025  

Natalia Gurina, who has been responsible for risk management and problem assets as deputy chair of the board since January 2012, will become the new chair of the board of Raiffeisen Bank (Kyiv), Ukraine’s largest non-state-owned bank, on January 1, 2026.

According to a statement on the bank’s website, the decision was made by the supervisory board of Raiffeisen Bank following a competition, so it still needs to be approved by the state supervisory authorities.
It is noted that Gurina has devoted her entire professional career to the bank and has grown with it since its early years, starting her career at Aval (the bank’s former name) in 1994.

She will replace Oleksandr Pysaruk as chairman of the board, who was approved for this position by the supervisory board in August 2019 and who was first deputy chairman of the NBU in 2014-2016.

“Gurina has demonstrated strong professional and leadership qualities that will ensure the bank’s further development in extremely difficult military conditions,” said Andriy Stepanenko, deputy chairman of the supervisory board, whose words are quoted in the release.

It is noted that Gurina has held positions in various areas over the years, including exchange operations, currency control, treasury, credit operations, portfolio monitoring, and problem loans. Prior to her appointment as a member of the board in July 2007, she was deputy chief risk manager and director of the corporate risk department.

The replacement of the bank’s chairman is planned following the decision of the current chairman, Pysaruk, not to renew his contract for a new term, according to the release.
Raiffeisen Bank is the largest Ukrainian bank with foreign capital. According to the NBU, as of September 1, 2025, it ranked fourth (UAH 239.8 billion) among 60 banks in Ukraine in terms of assets.

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