V. Mudryi, OTP Bank`s CEO, headed the Council of Association of Banks of Ukraine
Volodymyr Mudryi, OTP Bank`s CEO, was elected on the position of the Chairman of the Association of Banks of Ukraine Council, which unites more than 95% of the banking market players at the moment.
He started his duties on the new position on June 16, 2023.
"It is honorable appointment, since it is first of all about trust. Besides, that is a serious challenge in the context of the war, while the banking system remains our financial front. I absolutely sure that the close interaction between a regulator and an association is an excellent and effective European practice, which we will develop in Ukraine to achieve common goals - the Victory by our country and a stable and reliable banking sector," highlighted V. Mudryi commenting the election results.
V. Mudryi has over 20 years of professional banking experience, worked in different positions for Privatbank, Raiffeisenbank, and OTP Credit LLC. Since July 2012, he has been serving as OTP Bank Deputy Chairman for retail business development, since October 2020 he headed OTP Bank Board.
Under his leadership, OTP Bank significantly strengthened its position in the retail and corporate business, entered the TOP-10 banks under the "Affordable loans 5-7-9%" governmental program, introduced the concept of service design and agile principles in new products development, and received a number of prestigious Ukrainian and international awards in various business areas.
To recap, the leading financial resource "Financial club" included V.Mudryi in TOP-3 best bankers of Ukraine, business portal delo.ua announced him to be the most efficient CEO among Ukrainian banks with foreign capital, and the magazine Focus included the banker in the list of three most influential bankers of the country.
The Association of Banks of Ukraine, created in 2011 by leading Ukrainian banks, unites almost all the banks of the country. Its mission is to contribute comprehensively to building a stable financial system of Ukraine, solving tasks and challenges of the banking sector to increase business profitability and the national economy growth. The Association has four committees — over legal support of banks' activities and protection of creditors' rights, taxation and accounting issues, regulatory policy and compliance, development technologies and cyber security.
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Public Joint Stock Company OTP Bank is a subsidiary of OTP Bank, which is the largest independent Central-Eastern-European banking group. JSC OTP Bank is one of the largest domestic banks, a recognized leader in the financial sector of Ukraine. The Bank provides a full range of financial services to corporate and private customers, as well as to small and medium enterprises. The bank entered the Ukrainian market in 1998, and since then it enjoys a staunch reputation of socially responsible, reliable and stable institution providing its consumers with services of European quality standard.