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Deposit Guarantee Fund Changes Managing Director

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The Deposit Guarantee Fund has appointed Kostiantyn Vorushylin as the managing director to replace Vasyl Pasechnyk, the Fund has said.

The decision was taken by the administrative council of the Fund on October 2.

Vasyl Pasechnyk was appointed as a deputy managing director from October 3.

He occupied the post of the managing director since March 26.

Over 11 years, Vorushylin headed the Mriya bank and left it after the sale of the financial institution to the Vneshtorgbank (Russia) in 2007.

Later he run financial and investment activity of the Bogdan corporation.

As it was earlier reported, the administrative council of the Deposit Guarantee Fund intended to eye the reshuffle of the managing director before October 4.

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