Zelenskyy puts forward ex-Oschadbank chief Pyshnyy as next central bank governor

6 October 2022, 06:19 PM
Andriy Pyshnyy (Photo:NV)

Andriy Pyshnyy (Photo:NV)

President Volodymyr Zelenskyy has submitted the candidacy of former state-owned Oschadbank chief Andriy Pyshnyy for the post of head of the National Bank of Ukraine to the parliament, according to a draft resolution published on the parliament’s website on Oct. 6.

Numerous rumors about Pyshnyy’s candidacy had earlier been reported, even prior to the start of the full-scale war, with some commentators noting that the former head of Oschadbank was on good terms with presidential chief-of-staff Andriy Yermak. Pyshnyy is also a member of the Yermak-McFaul sanctions group – an organization headed by Yermak and former U.S. Ambassador to Russia, Michael McFaul.

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Earlier on Oct. 6, the Ukrainian legislature voted in favor of accepting the resignation of  NBU chief Kyrylo Shevchenko, with 257 ayes.

On the same day, it was reported that the National Anti-Corruption Bureau and the Specialized Anti-Corruption Prosecutor’s Office had charged Shevchenko with embezzlement in the case of illegal activities of state-owned Ukrgasbank officials, which led to losses over UAH 206 million ($5.5 million). Before his appointment to the central bank, Shevchenko headed Ukrgasbank from 2014 to 2020.

Shevchenko announced his resignation on Oct. 4, citing health problems.

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