Ukraine appoints new governor after IMF warns on independence

IMF and other donors want evidence that government is supporting central bank, insiders say

The National Bank of Ukraine
The National Bank of Ukraine
Oksana Parafeniuk

Ukraine’s government appointed a new central bank governor after the International Monetary Fund’s head publicly warned it to preserve the institution’s independence.

President Volodymyr Zelensky nominated Kyrylo Shevchenko on July 15 to lead the National Bank of Ukraine, two weeks after effectively firing Yakiv Smolii from the role. On the same day, IMF managing director Kristalina Georgieva issued a statement warning the government to respect central bank independence and protect financial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.