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Parliament approves Andrii Pyshnyi as Ukraine's new central bank chief

by The Kyiv Independent news desk October 7, 2022 3:42 PM 1 min read
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The Verkhovna Rada has voted to appoint former head of state bank Oschadbank Andrii Pyshnyi as the new head of Ukraine's National Bank, according to lawmaker Yaroslav Zhelezniak.

Pyshnyi worked at Oshchadbank from 2014 to 2019. According to Forbes Ukraine, he has good relationships with President's Office Head Andriy Yermak.

The previous NBU head Kyrylo Shevchenko resigned on Oct. 4, citing "health reasons." Earlier, on Dec. 10, he told Bloomberg that he had endured political pressure since his appointment in 2020.

After his resignation, on Oct. 6, Ukraine's National Anti-Corruption Bureau accused Shevchenko of embezzling Hr 206 million from state bank Ukrgasbank in 2014-2019

Ex-National Bank head Shevchenko cites political pressure among resignation reasons

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5:29 PM

How Russia profits from arms exports despite sanctions.

The Kyiv Independent analyzed leaked emails of a Russian defense company revealing Russia’s arms trade after the beginning of its full-scale invasion of Ukraine. The letters confirm that Russia continued to fulfill a huge contract signed shortly before the attack on Ukraine to supply its air defense systems and missiles to Saudi Arabia.
2:40 PM

Arms procurement chief Bezrukova dismissed, Defense Ministry says after disputes.

The Defense Ministry cited several reasons for Maryna Bezrukova's removal, including alleged failure to fulfill planned deliveries for the front, poor procurement planning and delays, lack of timely communication with the General Staff, and leaks of classified information, which are reportedly expected to be investigated.
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