The National Bank of Ukraine (NBU) will interview Sense Bank management board chairman Oleksiy Stupak on Aug. 26 as part of an administrative proceeding into his professional fitness, and has opened a review of the collective suitability of the bank’s entire supervisory board, Governor Andriy Pyshny told the Verkhovna Rada on Thursday, Aug. 20.Sense Bank, formerly known as Alfa-Bank Ukraine, is one of the country’s largest systemically important lenders and has operated under state ownership since July 2023, when the government nationalized the bank after sanctions imposed on its former Russian owners threatened its capital position and solvency.JOIN US ON TELEGRAMFollow our coverage of the war on the @Kyivpost_official.The regulator also backed the Cabinet of Ministers’ move to suspend Stupak from his duties for the duration of an internal investigation, Pyshny said, noting that under Ukrainian law that authority rests with the bank’s owner – the state.During enhanced supervision of the bank, NBU found signs of a hidden management structure that may have been in place even before Sense Bank’s nationalization, put together by representatives of its former sanctioned shareholders, Pyshny said.Given Stupak’s possible involvement in adopting collegial decisions, NBU has opened administrative proceedings against him, Pyshny said in parliament, adding that new materials released by Ukraine’s National Anti-Corruption Bureau (NABU) prompted the regulator’s decision to launch unscheduled inspections.
NBU Summons Sense Bank Chief for Interview, Widens Scrutiny to Entire Supervisory Board
NBU will interview Sense Bank's CEO over his professional fitness and has opened a probe into the entire supervisory board, citing a hidden management structure.












