Business news from Ukraine

Business news from Ukraine

“UOSK” replaces CEO with Reznichenko

14 September , 2024  

On September 10, the Supervisory Board of Ukrainian Security and Insurance Company (UOSK, Kyiv) decided to terminate the powers of CEO Valeriy Gorkovets and appointed Viktor Reznichenko to this position, according to the information disclosure system of the National Securities and Stock Market Commission.
As reported, on February 2, 2024, the National Bank of Ukraine revoked all the insurer’s licenses to conduct insurance activities and excluded it from the State Register of Financial Institutions on the basis of its application.
As reported, UOSK’s shareholders at a meeting on November 17, 2023, decided to revoke the insurer’s insurance licenses and exclude information about the insurer from the State Register of Financial Institutions.
According to the NSSMC, as of the second quarter of 2023, the company’s shareholders were the security police departments of Zaporizhzhia, Kherson, Dnipro, Poltava, and Odesa regions, which owned from 5.669% to 6.227%, the security police department – 15.758%, and the security police department of Kyiv – 24.742%.
The Ukrainian Security and Insurance Company was registered in 1996 and specializes in risk insurance.

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