The Supervisory Board of VAB Bank appointed Desmond O'Maonaigh as VAB Bank Deputy Chairman of the Management Board and Chief Financial Officer.
Desmond O'Maonaigh has 17-year experience with international companies and has been working in Ukraine since 1995. Before joining VAB Bank Mr O'Maonaigh worked as CFO with OTP Bank (Ukraine), held executive positions in International Finance Corporation (IFC), Ukraine International Airlines.
Desmond O'Maonaigh graduated from University College Dublin (Ireland) with Master's Degree in Business Studies, Finance. O'Maonaigh also received postgraduate education in Business Studies, Banking and Finance.
Reference dataVseukrainsky Aksionerny Bank (VAB Bank) has been operating in the Ukrainian financial market since 1992 and belongs to the group large banks in Ukraine according to NBU. In October 2006, VAB Bank became a member of VAB Group. Branch network consists of 25 branches and 143 outlets throughout Ukraine and a representative office in Budapest (Hungary). A large international company, TBIF Financial Services (Amsterdam, the Netherlands), is among the bank’s shareholders. Total assets of VAB Bank amounted to UAH 6.7 billion as of 01 July 2008, total capital — UAH 908,6 million.
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