New BSTDB Vice President Finance Assumes Duties
Press Release | 18-Sep-2018
Following a proposal by the Government of Ukraine, the BSTDB Board of Directors appointed Mr. Valeriy Piatnytskyi as Vice President Finance of the Black Sea Trade and Development Bank (BSTDB) for a period of four years starting on September 16, 2018. Mr. Piatnytskyi is replacing Ms. Valentina Siclovan, who has performed the duties since September 2010.
Mr. Piatnytskyi is a national of Ukraine born in 1962. He graduated from the Department of Cybernetics of the Taras Shevchenko Kyiv State University and holds a PhD degree in Economics. He has also completed professional development courses at the Economic Development Institute of the World Bank and at the Joint Vienna Institute.
In 1996-1999, Valeriy Piatnytskyi served as Deputy Director, then Director for Multilateral Economic Cooperation at the Ministry of Foreign Economic Relations and Trade of Ukraine dealing with cooperation with IFIs, EU and WTO. In 1999-2003 he worked as an Expert on trade and international agreements at the Ukrainian-European Legal and Policy Advice Centre. He was appointed State Secretary on European Integration and First Deputy Minister of Economy and European Integration of Ukraine in 2003. In 2005-2011, he was Deputy Minister of Economy of Ukraine. In 2011-2014, Mr. Piatnytskyi served as Commissioner for European Integration and was appointed Acting Minister of Economic Development and Trade of Ukraine in the second half of 2014. From 2015 until his appointment at BSTDB he was Advisor to the Prime Minister of Ukraine.
Valeriy Piatnytskyi represented the Government of Ukraine on the BSTDB Board of Directors in 2003-2005 and from 2006 until his appointment at BSTDB. For several years during this period he chaired the BSTDB Audit Committee.
Mr. Piatnytskyi speaks Ukrainian, English, and Russian.
He is married and has a son.
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The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. BSTDB is rated long-term “A-” by Standard and Poor’s and “A2” by Moody’s. See more information at www.bstdb.org.
Press contact:
Haroula Christodoulou
Phone: +30 2310 290533
E-mail: cchristodoulou@bstdb.org