He is a veteran banker of 35 years.
The Supervisory Board of PrivatBank has announced the selection of Gerhard Boesch as the next Chairman of the Board of PrivatBank.
PrivatBank announced this on its website.
"Mr. Boesch, a veteran banker of 35 years and has served as a banking executive in Ukraine for 15 years. His knowledge of the Ukrainian and European banking system is extensive," the announcement said.
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He has "successfully led large bank transformation projects including privatization initiatives."
Gerhard will assume this position upon approval of his appointment by the National Bank of Ukraine.
"Concluding this competitive selection is an important factor in the continued development and success of the bank," it said.