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Changes in the Management Board of Ukrsotsbank

02.11.2017

On November 2, 2017, Rostyslav Matiash has been appointed as acting Chairman of the Management Board of Ukrsotsbank.

Prior to this appointment during a year, from November 2016, Rostyslav Matiash was a Board member of Ukrsotsbank. Before his appointment to Ukrsotsbank, Rostyslav Matiash served as Vice President and Legal Director of Alfa-Bank Ukraine for more than seven years. In general, his experience in the banking sector makes more than 10 years. Prior to joining Alfa-Bank Ukraine, Rostyslav Matiash worked as the head of the legal department of FUIB.

On November 2, Tamara Savoshchenko left the post of Ukrsotsbank Chairman. Tamara Savoshchenko joined the bank in 1993 as a specialist in the operational unit of the Kyiv regional branch. After 18 years of work, in 2011 she became a member of the Board of the bank, and from 2014, she was the Chairman of the Management Board of Ukrsotsbank.

On October 19, 2017, Dmytro Tuzov was appointed to the post of Board member, CFO of Ukrsotsbank. Previously, Dmytro served as Director of Planning and Financial Analysis of Alfa-Bank Ukraine.

On October 27, 2017, Andriy Meshcheryakov left the post of Director of the compliance department, a member of the Management Board of Ukrsotsbank.

NOTE

Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.


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