The National Bank of Ukraine (NBU) has approved Igor Syrovatko as the new CEO of NovaPay (TM NovaPay), an international financial service provider belonging to the Nova Group, according to a press release issued by the company on Monday.
“It was a difficult challenge for me, especially in parallel with the process of getting into the role and managing a large company—I had to quickly refresh my knowledge of the regulatory framework governing the work of financial institutions, corporate governance, and all the legislation governing the work of our industry,” Syrovatko said in the release.
He previously worked at Universal Bank and headed the customer service department at OLX in Ukraine and Central Asia. NovaPay announced its decision to appoint him as CEO in September this year.
Prior to Syrovatko, Andriy Kryvoshapko was the CEO of the international financial service NovaPay, having headed the company since 2016.
NovaPay is an international financial service founded in 2001. It is part of the Nova group and provides online and offline financial services at Nova Poshta branches. In 2023, it was the first non-bank financial institution in Ukraine to receive an extended license from the NBU, which allowed it to open accounts and issue cards, and at the end of last year, it was the first non-bank to launch its own financial application.
According to NBU statistics, NovaPay is the leader among all money transfer systems created by non-bank institutions. According to the company, it processes about 2.5 million transactions per day for 750,000 users.
