Veteran appointed to Ukraine's central bank

Volodymyr Stelmakh, who headed Ukraine's Central Bank between 2000 and 2002, secured overwhelming approval from parliament on Thursday 16 December to return as the bank's new chairman.

Stelmakh, seen as a cautious and conservative banker, was backed by 428 deputies in the 450-seat Verkhovnaya Rada. He replaces Serhiy Tyhypko, who resigned amid a political crisis triggered by last month's rigged presidential election.

Stelmakh vowed to take action to help banks win the trust of Ukrainians, many

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