Business news from Ukraine

Sergiy Tigipko appointed his daughter to board of directors of Dniprovagonmash

15 December , 2022  

The founder of mobile izibank Anna Tihipko-Baikovska has joined the supervisory board of Dniprovagonmash (DVM, Kamenskoye, Dnipropetrovsk Region), which is controlled by her father, businessman Serhiy Tihipko, a financial and industrial group TAS.
According to the publication of the company in the information disclosure system of the National Commission on Securities and Stock Market (NSCM), the relevant information from the shareholder T.A.S. OVERSEAS INVESTMENT LIMITED (owns 99.9988% of share capital) on the replacement of his representative in the Supervisory Board from December 16 DVM received on Thursday.
According to the shareholder’s report, this terminated the authority of Sergei Mandra, who had been a member of the DVM JSC’s supervisory board since April 2013.
According to DVM, Tigipko-Baykovska currently holds the position of director of business development at izibank and deputy director for control of strategic assets at TAS Asset Management LLC, previously she was an advisor at TAScombank JSC. She does not own any shares of DVM JSC.
“Dneprovagonmash is one of Ukraine’s leading companies in the design and manufacture of freight cars.
In January-September 2022, it earned UAH 6.15 mln in net profit compared to a UAH 97.7 mln loss for the same period in 2021, and its net income increased 2.2 times, to UAH 849.86 mln.
The board of directors of DVM has four members and has been chaired by Serhiy Tihipko since 2005.
izibank is a fintech project created jointly with the TAS Group and launched in beta mode in the fall of 2020.
TAS Group was founded in 1998. Its business interests cover the financial sector (banking and insurance segments), industry, real estate, and venture projects.