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Ukrainian President Plans to Replace Central Bank Governor

  • Zelenskiy unhappy with Shevchenko following arrival in 2020
  • President’s office says it won’t comment on a ‘rumor’
Kyrylo Shevchenko
Kyrylo ShevchenkoPhotographer: Hollie Adams/Bloomberg
Updated on

Ukrainian President Volodymyr Zelenskiy wants to replace central bank Governor Kyrylo Shevchenko, according to three people familiar with his plans.

Zelenskiy isn’t happy with Shevchenko’s performance, the people said, asking not to be named as the matter isn’t public. The governor has fallen out with some of the bank’s senior executives, triggering a wave of resignations that unnerved Western donors including the International Monetary Fund.