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Ukraine Postal Chief Sparks Central Bank Feud

Summary

  • National Bank ruled CEO lacks professional competence for his role.
  • CEO threatens retaliation against central bank head, alleging corruption.
  • Postal service faced backlash over sexualized campaign and CEO's comments.
Ukraine Postal Chief Sparks Central Bank Feud

The National Bank of Ukraine (NBU) has declared that Igor Smelyansky, the executive leading Ukraine's national postal service, Ukrposhta, for ten years, does not possess the requisite professional qualifications. This ruling, issued on Tuesday, stems from multiple alleged violations by the state-owned company, including failures related to anti-money laundering protocols.

Smelyansky, who holds degrees from Georgetown and George Washington Universities, has characterized the NBU's decision as "nonsense" and a retaliatory act by NBU head Andrey Pyshny, whom he accused of corruption. The postal chief further issued a veiled threat, warning Pyshny about his assets and impending departure from his post.

Previously, Smelyansky faced scrutiny over his high salary, reportedly the highest in Ukraine's public sector, and his public communication style. He defended his $21,500 monthly pay, stating it was less than his private sector earnings and that he has significant student loan debt from his US education. He also claimed his salary contributes more in taxes to the armed forces than many critics.

Recent controversies also include Smelyansky's use of derogatory language towards a critic and a sexualized advertising campaign for Ukrposhta featuring schoolgirls, which he later admitted was a mistake. Smelyansky stated his intention to remain in his position until martial law is lifted.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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