Oschadbank CFO temporarily relieved of part of his duties

The management board of state-owned Oschadbank has temporarily relieved Deputy Chairman of the Board Oleh Strynzha, who is responsible for finance, of duties related to his participation in the tender committee for the period of an investigation into procurement, following a corresponding request submitted by him.

The bank told Interfax-Ukraine on Wednesday evening that the Pechersky District Prosecutor’s Office had served Strynzha with a notice of suspicion of committing a criminal offense under Article 367 of the Criminal Code of Ukraine, which concerns official negligence in the procurement process.

"At the same time, we emphasize that a notice of suspicion is a procedural step and does not constitute a court verdict or the establishment of guilt," the financial institution stressed.

Oschadbank noted that Strynzha has held the position of CFO since 2021 and during this time has made a significant contribution to improving financial accounting standards and developing management reporting, while systematically promoting transparency in planning and reducing the bank’s costs.

"Oschadbank, in order to facilitate an objective clarification of the actual circumstances, will provide all necessary materials to law enforcement and judicial authorities in accordance with procedures defined by current legislation of Ukraine," the financial institution added.

According to data from the National Bank of Ukraine, as of February 1, 2026, Oschadbank ranked second among 60 banks in terms of net assets, with UAH 494.51 billion, and as of January 1 had the largest branch network with 1,131 offices.

According to media reports, law enforcement authorities’ questions are related to the bank’s procurement of battery units with inverters worth UAH 140.9 million to ensure uninterrupted operation of its branches.