Experts of TOP-100 rating named Ukrsotsbank Chairman of the board, Borys Tymonkin the number one banker of 2007

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."

FILE

Borys Vladyslavovych Tymon’kin was born in 1951 in Kyiv. In 1973 graduated from Kyiv National Institute of National Economy (now Kyiv National Economic University after Vadym Het’man). In 1980 defended dissertation «Questions of estimation of management automation economic efficiency » on candidate of economic sciences graduation.

From 1990 held leading positions in financial organizations. From September, 1993 headed the Kyiv branch of the First Ukrainian international bank. From June, 1994 is a vice-chairman rule of the First Ukrainian world participating bank. From 2001 and for today is Chairman of the Board of JSCB Ukrsotsbank.

Borys Tymon’kin holds leading positions in many financial organizations. Thus, from 2001 he is Deputy Chairman of the Interregional fund union Supervisory Board. In July, 2002 was elected chairman of PFTS. In June, 2005  Borys Tymon’kin becomes the Chairman of Supervisory Board of the First Allukrainian bureau of credit histories. In 2006 occupied the post of Deputy Chairman of AUB Board.

Prize winner of the Man of the year national program in a Financier of year nomination in 2003 and 2004 years.

Man of year titleholder and PROMETEY-PRESTIGE prize in a Financier of year nomination of the Man of year-2005 tenth anniversary national program.

Twofold winner of BUSINESS weekly financial rating in Banker of the year nomination.

Borys Tymon’kin is the only banker, who two years in succession entered the 10 best top-managers of Ukraine rating, which was conducted by Kompanion magazine in 2006 and 2007 years. In addition, on results of 2007 he entered TOP-3 of the most successful leaders of Ukraine Hvardia kerivnykiv rating of the Hvardia Allukrainian rating program.

Ukrsotsbank Chairman was distinguished in three nominations of TOP-100 the best top-managers of the country-2006 project of Investhazety at once: he gained the lead in rating of the best top-managers of commercial banks, and also in Consumer crediting rating. In the general rating of the best top-managers of country, presenting different industries of economy, Borys Tymon’kin took the second place, becoming the only banker entering TOP-10.

Ukrsotsbank chairman Borys Tymon’kin is a winner in a nomination Banker of year-2007 of MasterCard Bank of Year competition, first conducted in Ukraine in 2007.