OREANDA-NEWS. Ihor M. Budnyk has been appointed Director of Risk Management Department of the National Bank of Ukraine.

"The National Bank of Ukraine continues to deploy best-in-class banking industry experts to its team. Raising the effectiveness of bank risk management is one of the main ways to enhance the resilience of national financial markets to shocks. The National Bank of Ukraine intends to develop and enhance financial and operational risk management framework. For this reason, a highly qualified manager, an expert in the field of financial markets has taken charge of this department," emphasized Governor of the National Bank of Ukraine Valeriia Gontareva.

In 2002, Ihor M. Budnyk graduated from the Institute of International Relations of Taras Shevchenko National University of Kyiv and majored in International Economic Relations. In 2013, he graduated from Columbia Business School, Columbia University with an MBA.

He has been employed in the banking industry since 2002. From 2006 to 2011, he held managerial positions in various banks: Head of the Sector for Control over Market Risks and Financial Institutions' Risks, Head of Division for Analytical Research and Market Risks Control at PJSC "Raiffeisen Bank Ukraine", Head of the Office for Corporate Risks Control at PJSC "ALFA-BANK". In 2013-2014, after graduating from Columbia Business School, Ihor M. Budnyk worked as a worked as a consultant at McKinsey & Company-Ukraine.