The Board of the National Bank of Ukraine has agreed on the candidacy of Petr Krumphanzl for the post of Chairperson of the Management Board of PrivatBank, the central bank’s press service reports.

"The Board of the National Bank of Ukraine on February 8, 2018 decided to approve candidacy of Petr Krumphanzl for the post of Chairperson of the Management Board of Public Joint Stock Company Commercial Bank PrivatBank," reads the report.

At the same time, the NBU stressed that according to Article 19 of the Law on Banks, bank executives are obliged to comply with the requirements established by law during the entire period they retain their status.

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