Ukrsotsbank’s Chairman of the Board Became the Banker of the Year
OREANDA-NEWS. March 21, 2008. Experts of TOP-100 rating named Chairman of the board of Ukrsotsbank, Borys Tymonkin the number one banker of 2007. "The work done by Borys Tymonkin and his team since 2001 has become a landmark for the entire market in 2007. UniCredit Group acquired 94.2% stake of Ukrsotsbank for USD 2.211 billion. As the result this purchase became one of the most expensive (5.28 of capital) and the biggest in the Ukrainian market "- the study marks.
The study authors noted that in order to achieve a leading position the banker must be a real guru in the field. In their view, he has to lead the successful large-scale projects, to direct his bank to a qualitatively new level of development, achieve great success in business not just short-term success, not only colleagues but also competitors have to listen to his view. Banker-guru has to be charismatic personality to be able to manage the situation and people, lead them. According to the authors of the study, Borys Tymonkin has all of these qualities; he has become an absolute leader of the TOP-100 rating of the top managers in the banking sector as well as in 2006.
Ukrsotsbank Chairman also won the first place in "Consumer lending" rating in 2007. Let us remind that the same result he achieved in 2006.
Speaking at the ceremony of awarding the TOP-100rating leaders, held March 19, 2008, Borys Tymonkin said: "2007 was a very difficult and interesting year for our bank. Indeed, last year Ukrsotsbank was acquired by authoritative international UniCredit Group, which has become a landmark for the Ukrainian market and has become a significant accomplishment of our entire team. Joining the Group gives new ambitious targets, the introduction of the highest European standards of technology and service, which, I am sure is quite within the powers of our team. Much of our success is collaboration with the companies represented in the TOP-100. During the last committee meeting, we reviewed the credit loan projects at two hundred million dollars. And we see that even in the traditionally quiet first months of the year business activity and business appetites of our business grow. I am confident that this tendency will preserve in the future, which will contribute to further dynamic development of our banks."
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