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The contract of Petr Krumphanzl, Chairman and CEO of PrivatBank, expires tomorrow

The contract of Petr Krumphanzl, Chairman and CEO of PrivatBank, expires tomorrow

The contract of Petr Krumphanzl, Chairman and CEO of PrivatBank, expires tomorrow. While the Board looks for a successor, leadership of Ukraine’s largest and most profitable bank will go to Anna Samarina, Deputy Board Chair for Finance. During his three years at the helm of PrivatBank, Krumphanzl, a Czech, increased the bank’s profitability and moved strongly into online banking. He also was the target of harassment – legal and physical – by employees of Ihor Kolomoiskyi, who owned the bank until it was nationalized in Dec. 2016.

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