Ukreximbank to reconduct competition to select head of board

The decision was made after the SBU Security Service of Ukraine detained head of Ukreximbank Board, Oleksandr Hrytsenko.

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The Supervisory Board of Ukraine's state-owned Ukreximbank has decided to reconduct the competitive selection of the CEO.

The previous competition was announced on November 18. The start date of the second competition will be announced later, the ministry said on its website on December 10.

As UNIAN reported earlier, in November, Ukraine's Finance Ministry, by decision of Ukreximbank's Supervisory Board, announced a competition to select the head of the board. The deadline for submission of documents was set at 18:00 on December 2.

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The decision was made after the head of the Board of the state-owned Ukreximbank, Oleksandr Hrytsenko, was detained by the Security Service of Ukraine on behalf of the Prosecutor General's Office in a criminal investigation.

UNIAN memo. Ukreximbank has been operating on the Ukrainian market since 1992 and is one of the largest financial institutions in this country in terms of assets. It is wholly owned by the state.

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