First deputy NBU governor Rozhkova criticizes distribution of powers at NBU as destroying joint management

First Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has criticized the decision of the National Bank Board to redistribute powers at the NBU, which, in particular, reduced her vertical of subordination, since such a decision destroys team-spirit and joint management.

"I provide my personal comment on the decision to redistribute powers at the NBU. Dmytro [Sologub, NBU Deputy Governor] did not support this decision. Firstly, this approach does not correspond to the best world practices. Secondly, it not only creates threats to making the regulator truly impartial, but also destroys collegiality," she wrote on Facebook on Monday.

Rozhkova said that the decision also does not comply with the principles of independence, which were laid in the basis for the transformation of the National Bank in 2014-2015, carried out, in particular, taking into account the requirements of the International Monetary Fund (IMF).

Source: www.en.interfax.com.ua