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Report: Nationalized Privatbank names new management board chairman

Oleksandr Shlapak was appointed management board chairman at nationalized Ukrainian lender PAO KB Privatbank, Ukrayinska Pravda reported Dec. 19.

The newly appointed executive already worked for the bank between 1993 and 1998, and served as Ukraine's economy minister between July 2001 and November 2002, central bank deputy head between 2003 and 2005 and finance minister in 2014, it added.