Intent on purging the entire 6-member central bank Board within 90 days,

Intent on purging the entire 6-member central bank Board within 90 days, the National Bank of Ukraine Council yesterday approved reprimands and votes of no confidence in the two last Board members remaining from the 2015 bank cleanup era. The two, Yekaterina Rozhkova, the first deputy governor, and Dmitry Sologub, a first deputy governor, became familiar figures to Western investors and IMF missions over the last five years. Although the Council decisions are non-binding, the central bank’s new Governor, Kirill Shevchenko, voted for the motions, reports Interfax-Ukraine. As a result, both veteran central bank officials are expected to resign.