Automatically translated version. May contain inaccuracies compared to the original.
He wants to overturn the regulator's decision regarding his dismissal.
In June, the NBU set a five-day deadline to suspend the general director of Ukrposhta, Ihor Smylianskyi, having found him “unfit for the professional qualifications required of a leader of a financial services provider.” He promptly reacted to the regulator's decision — accusing the bank's head Andriy Pyshnyi of settling personal accounts and of trying to pause the creation of Ukrposhta Bank.
But the story did not end there. Today Smylianskyi said that his lawyers filed a lawsuit against the NBU seeking to overturn the decision on his dismissal and added that he is confident in his position and ready to prove it in court.
“I consider the decision against me unlawful and biased,” he wrote.
According to Smylianskyi, the regulator applied an approach to him that it did not apply to leaders of other institutions, including financial ones, even in cases where their institutions received fines many times larger than Ukrposhta. He also repeated the claim that Pyshnyi wants to destroy his professional reputation.
“My turn to destroy in court the remnants of Mr. Pyshnyi's reputation,” Smylianskyi said, adding that he filed the suit personally, not on behalf of Ukrposhta.
In March a conflict erupted between the NBU and Ukrposhta that hampers the creation of Ukrposhta Bank. The regulator imposed a fine on the company for failing to provide information about a board meeting, claiming there are problems with Ukrposhta’s governance, and Smylianskyi has too much authority. The company paid the fine afterward, but its head called the fine unfair and spoke of pressure. The NBU replied again — accusing the postal service of a lack of proper corporate governance and control systems, and Smylianskyi of trying to discredit the regulator.
In February the project “Our Case” highlighted a systemic problem in the public sector: top managers receive multi-million salaries without linkage to actual financial results. For example, it mentioned Smylianskyi’s work, who, in the 2024-th year, earned more than 11 million hryvnias in payments, while Ukrposhta finished that year with a loss of 413 million. This problem was also covered by ZN.UA, although back in 2020. More — in the editor-in-chief of the microeconomics and business department Serhiy Sledzya’s article “Smylianskyi Syndrome.”
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