State-owned Ukrgasbank (Kyiv) on September 14 terminated the powers of members of the Supervisory Board (SB) – representatives of the shareholder Denis Ulyutin and Andrey Svistun, who held them for a year and nine months and four months, respectively.
According to a message in the data disclosure system, director of U4 Ukraine Yana Bugrimova and ex-Minister of Social Policy Marina Lazebnaya have been appointed in their place.
JSB “Ukrgasbank” was founded in 1993. The state, represented by the Ministry of Finance, owns 94.94% of the shares of the financial institution.
According to the data of the National Bank of Ukraine, as of June 1, 2022, Ukrgasbank ranked 5th (UAH 129.52 billion) among 69 banks operating in the country in terms of total assets.