Andriy Pyshnyy assumed the position of Governor of the National Bank of Ukraine on 7 October 2022.

The Governor manages the NBU's activities within his competence, as defined by the Law of Ukraine On the National Bank of Ukraine, acts on behalf of the NBU, and represents the NBU’s interests in relations with stakeholders without a power of attorney. He also directly oversees the activities of the NBU units responsible for HR management, legal support, risk management, communications, consumer protection in financial services, security, state secret protection, and anti-corruption efforts.

Pyshnyy has been working in the financial sector since 2000.

From March 2014 to November 2020 he served as the Chairman of the Management Board of Oschadbank JSC.

In 2012, Pyshnyy was elected a member of the Ukrainian parliament and the First Deputy Head of Parliamentary Committee on Rules of Procedure, Parliamentary Ethics, and Administration of Verkhovna Rada’s Work. Between 2009 and 2012 he held the position of the Director of Social Strategy Fund LLC. Between August 2007 and June 2009 Pyshnyy served as Deputy Secretary of the National Security and Defense Council of Ukraine. From April 2007, Pyshnyy was the First Deputy Chairman of the Management Board at Ukreximbank OJSC, and later a member of the Supervisory Board of Ukreximbank OJSC and Oschadbank OJSC. From 2003 to 2007 he held positions as a Management Board Member, First Deputy Chairman of the Management Board, and Acting Chairman of the Management Board of Oschadbank OJSC. In 2000, Pyshnyy embarked on his banking career as Head of the Legal Support Department at Oschadbank JSC.

Pyshnyi started his career in 1996 as a Teaching Assistant in the Department of Constitutional, Administrative, and Financial Law at Yuriy Fedkovych Chernivtsi National University.

He graduated from Chernivtsi National University with a degree in law, and from the Ukrainian Academy of Banking of the National Bank of Ukraine with a degree in banking. He holds a Ph.D. in Law.

Marta Kightley – NBP Vice President – First Deputy President, Professor at the Department of Political Economy, Law and Economic Policy of the Warsaw School of Economics.

In 2007–2010, she was a member of the diplomatic service. She headed the political and economic department of the Polish Embassy in the Republic of Korea.

A long-time member of the NBP Education Council and of the Jury of the NBP Władysław Grabski Competition for Best Economic Journalist.

On 28 February 2020, President of the Republic of Poland Andrzej Duda, at the request of the President of Narodowy Bank Polski, appointed Marta Kightley member of the NBP Management Board as of 8 March 2020.

Vahram Stepanyan, an Armenian national, has been the IMF Resident Representative to Ukraine since June 2021. Before that he spent over 12 years in several departments at the IMF headquarters, working on monetary, fiscal, and structural reforms in a wide range of countries including Albania, Montenegro, Hungary, Romania, as well as the GCC countries. Prior to joining the IMF, Mr. Stepanyan worked with the World Bank. He holds degrees in economics, business administration, and finance from Armenia State University of Economics, American University of Armenia, and University of London, respectively.

Michał Brzoza-Brzezina is Professor at SGH Warsaw School of Economics and Economic Advisor at Narodowy Bank Polski (National Bank of Poland). His research interests include macroeconomics, monetary economics and business cycle theory. He has previously worked at the European Central Bank and Austrian National Bank. His research papers were published in the Journal of the European Economic Association, Journal of Money Credit and Banking, Journal of International Money and Finance, Journal of Monetary Economics, and European Economic Review among others.

Fabio Ghironi holds the Paul F. Glaser Endowed Professorship in Economics at the University of Washington. He is a Research Associate in the International Finance and Macroeconomics Program of the National Bureau of Economic Research, a Research Fellow in the International Macroeconomics and Finance Programme of the Centre for Economic Policy Research, and a Fellow of the Euro Area Business Cycle Network. He is also a member of the Advisory Board of International Finance.

Marcin Bielecki is an Economic Advisor at Narodowy Bank Polski (Economic Analysis and Research Department, Division of Applied Research) and an Assistant Professor at the University of Warsaw. He has also worked at the European Central Bank in the DG Economics Forecasting and Policy Modelling Division. He holds a Ph.D. awarded by the University of Warsaw.

Marcin Bielecki’s research interests encompass interactions between demographics and monetary policy, business cycle fluctuations, firm dynamics, and endogenous growth. In his research, he employs a variety of heterogeneous agent models. He has published among others in the Journal of European Economic Association, Journal of Monetary Economics, Journal of Money, Credit, and Banking, and European Economic Review.

Beata Javorcik is Chief Economist of the European Bank for Reconstruction and Development (EBRD) in London. She is on leave from the University of Oxford, where she is the first woman to hold a Statutory Professorship in Economics. She is also a Fellow of All Souls College, Oxford and the Director of the International Trade Programme at the CEPR in London. She is a member of the Scientific Advisory Committee at ifo Institute, University of Munich, as well as of the Executive and Supervisory Committee of CERGE-EI in Prague. Before taking up her position at Oxford, she worked at the World Bank in Washington DC, where she focused on research, lending operations and policy advice. She holds a Ph.D. in Economics from Yale and a B.A. in Economics (Summa cum Laude) from the University of Rochester.

Since September 2009 Dr Iikka Korhonen has worked as the director of Bank of Finland Institute for Emerging Economies (BOFIT), which conducts research and analysis of major emerging market countries, especially russia and China. Before that he has worked in various capacities at the Bank of Finland since 1995, but has also been a visiting researcher at the European University Institute, Oesterreichische Nationalbank and Hong Kong Monetary Authority, as well as a visiting professor at Kyiv School of Economics, Hitotsubashi University and Yokohama National University. Research interests of Dr Korhonen include monetary and exchange rate policies in emerging market countries as well as economic effects of raw material abundance and corruption. Since 2014 he has also written extensively on the effects of economic sanctions.

Luigi Palumbo is a doctoral candidate in Economics, Management, and Quantitative Methods at the University of Tuscia, Italy. He holds a Master of Science degree in Management from the University of Siena, Italy, and a Master of Arts degree in Applied Economics from SUNY Buffalo State College, USA.

Luigi is currently employed at the Bank of Italy in the Economic Outlook and Monetary Policy Directorate. Within this role, he concentrates on short-term forecasting pertaining to consumer prices and economic activity. Luigi is an active member of the Scanner Data Task Team within the United Nations Committee of Experts on Big Data and Data Science for Official Statistics. Additionally, he delivered training on web scraping for official statistics at the UN Big Data Hub for Africa with the aim to build Data Science capabilities in National Statistical Offices.

Previously, Luigi held various positions of responsibility across Europe and Asia within a multinational corporation. Moreover, he has undertaken entrepreneurial ventures in Italy and Hong Kong, having founded companies in both locations. Luigi's research interests encompass diverse areas such as consumer prices, forecasting, real-time analytics leveraging web scraping techniques, and applied artificial intelligence.

Oleksandr Talavera is a Professor of Financial Economics, University of Birmingham. He received his B.A. at Ostroh Academy (Ukraine), M.A. at EERC (Ukraine), M.A. at Boston College, and his Ph.D. at the European University Viadrina (Germany). Prior to joining the faculty at the University of Birmingham, Sasha worked for Swansea University, the University of Sheffield, Durham University, the University of East Anglia, Robert Gordon University, and DIW-Berlin. He is broadly interested in social media, online prices, big data analytics, banking, international finance, and emerging market economies. Oleksandr's work was published in leading economics journals (e.g., American Economic Review, Journal of European Economic Association, and European Economic Review).

Barry Eichengreen is Professor of Economics and Political Science at the University of California, Berkeley, where he has taught since 1987. He is an expert on the international monetary and financial system from both a historical and a contemporary perspective.

In 1997-1998, he was a Senior Policy Advisor at the International Monetary Fund. He has been a Research Fellow of the Centre for Economic Policy Research (CEPR) since 1984 and National Bureau of Economic Research (NBER) since 1986. He is a fellow of the American Academy of Arts and Sciences (class of 1997).

He is the author of many books, including Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System (2012), Hall of Mirrors: The Great Depression, the Great Recession, and the Uses-and Misuses-of History (2015), How Global Currencies Work: Past, Present, and Future (2017), Globalizing Capital: A History of the International Monetary System - Third Edition (many editions, latest 2019) and In Defense of Public Debt (2021), to name just a few.

In 2022, with his article Poland Gangnam Style, Professor Eichengreen contributed to the Polish authorities’ project aimed at promoting Poland in the international media.

Oleksiy Kryvtsov is the Senior Research Officer in the Economic and Financial Research Department. His research interests center on business cycle fluctuations, with a special focus on monetary theory and policy. Oleksiy contributed to topics including consumer price behaviour, real effects of monetary policy shocks, dynamics of markups and costs over the business cycle.

Oleksiy received his Ph.D. in Economics from the University of Minnesota in 2004.

Mihnea Constantinescu is Manager at the Research Division of the National Bank of Ukraine, Lecturer at CUREM - University of Zurich, and Visiting Scholar at the Kyiv School of Economics. His experience includes a range of professional roles in managerial and executive positions at various seniority levels in finance, real estate, and central banking.

Tho Pham is a Senior Lecturer in Finance at the Department of Economics and Related Studies, University of York (UK). Her main research interests are the intersection between applied economics and data science with a special interest in gender economics and financial economics. Her work has been published in leading peer reviewed international journals, including American Economic Review, Journal of Comparative Economics, European Economic Review, and Journal of Corporate Finance among others.

Yuriy Gorodnichenko, a native of Ukraine, is a professor at the Department of Economics, University of California — Berkeley. He received his BA and MA at EERC/National University of Kyiv-Mohyla Academy (Kyiv, Ukraine) and his PhD at the University of Michigan. A significant part of his research has been about monetary policy (effects, optimal design, inflation targeting), fiscal policy (countercyclical policy, government spending multipliers), taxation (tax evasion, inequality), economic growth (long-run determinants, globalization, innovation, financial frictions), and business cycles. Yuriy serves on many editorial boards, including the Journal of Monetary Economics and VoxUkraine (www.voxukraine.org). Yuriy is a prolific researcher. His work was published in leading economics journals (e.g., American Economic Review, Journal of Political Economy, Review of Economic Studies) and was cited in policy discussions and media. Mr Gorodnichenko has received numerous awards for his research.

Torbjörn Becker has been the Director of the Stockholm Institute of Transition Economics (SITE) at the Stockholm School of Economics in Sweden since 2006 and is a board member of several economics research institutes in Eastern Europe, including the Kyiv School of Economics. Prior to this, he worked for nine years at the International Monetary Fund (IMF), where his work focused on international macro, economic crises and issues related to the international financial system. He holds a PhD from the Stockholm School of Economics and has been published in top academic journals and has contributed to several books and policy reports focusing on russia and Eastern Europe. Recently he has coauthored a number of CEPR reports on Ukraine, including Macroeconomic Policies for Wartime Ukraine; A Blueprint for the Reconstruction of Ukraine; and Financing Ukraine’s Victory—Why and How, and coauthored a chapter on anti-corruption policies in the book Rebuilding Ukraine: Principles and Policies.

Piotr Żuk is Deputy Director at the Economic Analysis and Research Department of Narodowy Bank Polski. Between 2021 and 2022 he was head of Global Economy Division in the same Department of NBP. Prior to that, he was economist at the National Bank of Poland, the European Central Bank, the Chancellery of the Prime Minister and the Ministry of Economy. He earned his PhD degree at the Warsaw School of Economics in 2015. He is an author and co-author of articles and policy papers on monetary policy and financial stability, capital flows, pension economics and real convergence.

Jesper Lindé is advisor and head of the monetary policy modelling unit in the Monetary and Capital Markets Department at the IMF. Linde started his career at Sveriges Riksbank, where he as research economist and head of the monetary policy modelling unit developed the DSGE model Ramses as the Riksbanks’ main forecasting and scenario analysis tool. Between 2008-2014, Lindé worked as Section Chief in the Division of International Finance at the Federal Reserve Board in Washington, DC, with main responsibility for the international scenarios in the Tealbook. In 2014, Lindé returned to the Riksbank as Head of Research, a position he held until 2019 when he joined the IMF. Lindé is a research fellow at the CEPR and has published papers on monetary and fiscal policy in leading academic journals.

Mathias Trabandt is a Professor of Macroeconomics at the Faculty of Economics and Business at Goethe University in Frankfurt am Main. He is also a Research Fellow at the Halle Institute for Economic Research (IWH) and an Associate Editor at the Review of Economic Dynamics.

Mathias Trabandt’s research and teaching interests focus on macroeconomics, monetary economics, public economics, labor economics, international macroeconomics, financial frictions, applied econometrics, and epidemics. His research has been published in e.g. American Economic Journal: Macroeconomics, Econometrica, Journal of Applied Econometrics, Journal of Economic Dynamics and Control, Journal of Economic Perspectives, Journal of Monetary Economics, IMF Economic Review, European Economic Review, American Economic Review (Papers and Proceedings), Review of Economic Dynamics, Review of Financial Studies, and Handbook of Monetary Economics.

Before joining Goethe University Frankfurt in 2021, Mathias Trabandt was a Professor at Freie Universität Berlin. Earlier in his career, Mathias Trabandt was Chief of the Global Modeling Studies Section at the International Finance Division of the Federal Reserve Board of Governors in Washington D.C. and held positions as an economist at the European Central Bank, Deutsche Bundesbank and Sveriges Riksbank.

Mathias Trabandt received his Ph.D. in Economics from Humboldt University Berlin.

Mishel Ghassibe is a Junior Researcher at Centre de Recerca en Economia Internacional (CREi) and Affiliated Professor at the Barcelona School of Economics (BSE). He obtained his Ph.D. from the University of Oxford in 2022, with the Edgeworth prize for best doctoral thesis. Mishel’s research interests are in macroeconomics, with a particular focus on production networks, firm heterogeneity and goods market frictions for monetary and fiscal policies. Mishel has recently published two articles in the Journal of Monetary Economics, one of which has received the 2023 JME Best Paper Award. Other prizes include the Best Paper Prize at the 2022 European Winter Meeting of the Econometric Society, 2020 European Economic Association Young Economist Award as well as the Poster Session Award at the 2018 ECB Sintra Forum on Central Banking. Mishel’s policy experience comes from prior positions as Chief Expert at the National Bank of Ukraine and David Walton Scholar at the Bank of England.

Paweł Kopiec works as an Economic Advisor at Narodowy Bank Polski. His research interests include monetary economics, fiscal policy and inequality. His research papers were published in the European Economic Review, Journal of Money, Credit and Banking, and Journal of Economic Dynamics and Control, among others. He holds a Ph.D. in Economics from the European University Institute in Florence.

Aaron Mehrotra is a Principal Economist in the Emerging Markets section at the Bank for International Settlements in Basel. He has also worked at the BIS Representative Office for Asia and the Pacific in Hong Kong SAR. Prior to joining the BIS in 2011, he was adviser in the Bank of Finland Institute for Economies in Transition (BOFIT). Aaron’s research areas of interest include monetary policy and economic policy in emerging market economies. He holds a Ph.D. from the European University Institute in Florence, Italy.

Oleksandr Fаrynа is Head of the Research Division, Monetary Policy and Economic Analysis Department, National Bank of Ukraine.

Oleksandr Faryna earned his Ph.D. in Finance at the National University of Kyiv-Mohyla Academy, where he is a Professor of Finance at the Department of Economics.

His research interests include macroeconomics, international finance, monetary policy, and forecasting. His research papers concern forecasting and nowcasting of economic indicators based on alternative data sources, the exchange rate pass-through, and the monetary policy of small open economies, with case studies on Ukraine and the specifics of economic activity in wartime and during post-war recovery.

Since July 2021, Sergiy Nikolaychuk has been working as a Deputy Governor of the National Bank of Ukraine (NBU). In this role, he has oversight of monetary policy, statistics, and international relations. Sergiy used to work at the NBU from 2004 to September 2019. Starting his career as an economist, he was promoted to a Director of the Monetary Policy and Economic Analysis Department in 2015. Sergiy has contributed heavily in implementing inflation targeting in Ukraine and establishing research function at the NBU.

Then, in September 2019, Sergiy joined the Ministry of Economy as Deputy Minister where he was responsible for the analytical support of economic policy-making decisions, macroeconomic forecast and attracting investments.

In April 2020, Sergiy moved to Investment Capital Ukraine (ICU), where he worked as a head of macro research. Sergiy was responsible for analytical support of investment decisions, both on global and domestic capital markets.

Sergiy conducts research on monetary and macroeconomic issues. He is a visiting lecturer at the Kyiv School of Economics and the Taras Shevchenko National University of Kyiv.

In 2004, Sergiy received a MA in Economics from the Taras Shevchenko National University of Kyiv. He holds a Ph.D. in Economics from the same university.

Antonio Spilimbergo is Deputy Director of the Research Department at the IMF. He received his undergraduate diploma from Bocconi and his Ph.D. from MIT. Since 1997 he has worked at the IMF where he has been mission chief for Brazil, Italy, Slovenia, Russia, and Turkey. He is a research fellow of CEPR, William Davidson Institute, and CreAm. His areas of interest are: international trade, development, labor economics, political economy, and macroeconomics. His papers are published in leading academic journals, including American Economic Review, Review of Economics and Statistics, American Economic Journal: Macroeconomics, and Journal of International Economics. He co-edited the books Getting Back on Track: Growth, Employment, and Rebalancing in Europe and Brazil: Boom, Bust, and the Road to Recovery and co-wrote the book Si vax.

Stefan Ingves is the former Governor of Sveriges Riksbank and Chairman of the Executive Board. He currently chairs the board of the Toronto Centre for Global Leadership in Financial Supervision.

Mr. Stefan Ingves has held the position of Vice Chairman of the Board of Directors of the BIS and was the Chair of the BIS Banking and Risk Management Committee (BRC). He was also a Member of the General Council of the ECB and First Vice Chair of the European Systemic Risk Board (ESRB) and also Governor for Sweden in the IMF, Board Member of the Nordic-Baltic Macroprudential Forum (NBMF).

Mr. Ingves was also previously Chairman of the Basel Committee on Banking Supervision, Director of the Monetary and Financial Systems Department at the IMF, Deputy Governor of the Riksbank and General Director of the Swedish Bank Support Authority. Prior to that he was Head of the Financial Markets Department at the Ministry of Finance in Sweden.

Stefan Ingves holds a Ph.D. in Economics.

Alex Pivovarsky is a Director, Capital & Financial Markets Development (CFMD), at the European Bank for Reconstruction and Development where he leads a team of financial market practitioners responsible for supporting Bank’s financial market development efforts its countries of operations and expanding Bank’s capital market product offering. Alex joined the EBRD in 2008 as an economist at the Office of the Chief Economist. His career at the EBRD has included roles of Deputy Director in the President’s Office, Senior Adviser in its Corporate Strategy team and head of the Bank’s resident office in Minsk, belarus.

Prior to joining the Bank, Alex worked at the IMF negotiating stabilisation programmes in countries around the world and led policy advisory programmes at Harvard University. Alex holds Master’s and Doctoral Degrees in Public Policy from Harvard University and a Master’s degree in History from the University of Kyiv.