Press Releases

PRESS RELEASE : Volodymyr Zelenskyy introduced new Governor of the National Bank Andriy Pyshnyy to the team [October 2022]

The press release issued by the President of Ukraine on 10 October 2022.

President of Ukraine Volodymyr Zelenskyy presented new Governor of the National Bank Andriy Pyshnyy to the staff of the Bank.

The Head of State thanked the previous Governor of the National Bank, Kyrylo Shevchenko, and the entire team of the National Bank of Ukraine for their painstaking work on maintaining macro-financial stability in the country since the first day of the full-scale invasion of the Russian Federation.

Volodymyr Zelenskyy noted that the new Governor of the National Bank of Ukraine is an experienced person in the financial and banking spheres.

“It is very important for the NBU to have an atmosphere of stability and confidence,” he emphasized.

The President noted that he counts on the productive work of a united team of the government and the National Bank, on maintaining and strengthening the current level of relations with international financial institutions.

“I expect the new Governor of the NBU, together with the government, to bring closer the signing of a new program with the International Monetary Fund,” he said.

For his part, Prime Minister of Ukraine Denys Shmyhal emphasized that the stability of the financial front is no less important than the military front.

The head of the government reminded that Ukraine expects to receive the allocated 1.3 billion dollars in additional support in the near future. Our state is also waiting for the IMF mission and a special program for the country at war.

According to him, revitalization of the economy and activation of lending to the real sector are also important.

Andriy Pishnyy noted that his appointment to the position of the Governor of the National Bank took place in an extremely turbulent time, full of challenges and threats for our state. He thanked the President, the Parliament and the Ukrainian society for the trust and the opportunity to lead such a powerful institution as the NBU.

Among his priorities, Andriy Pyshnyy named macro-financial stability in the country, the effectiveness of macro-economic policy, constructive negotiations with international partners, and maintaining the stability of the banking system.

“Next year will not be easy. $38 billion is the total financing requirement. Its attraction is a joint matter for all government agencies. We will work on it,” he noted.

According to the Governor of the National Bank of Ukraine, it is extremely important to continue meaningful and constructive negotiations with international partners in order to obtain the resources that Ukraine needs today in order to endure, prevail and start a recovery program.

“The National Bank, under my lead, will implement those systemic large-scale reforms that Ukraine needs for accelerated integration into the European community. I can assure you: as soon as we see the slightest possibility of restoring this reform course, within which the National Bank has always worked, we will continue it,” added Andriy Pyshnyy.

The Governor of the NBU also emphasized that the institutionally strong and independent National Bank is an achievement and a resource of the state, which is a guarantee of Ukraine’s financial stability.