At its meeting held on 5 December 2025, the Council of the National Bank of Ukraine (NBU Council) appointed Volodymyr Lepushynskyi as NBU Deputy Governor.
The NBU Council’s decision came after Volodymyr Lepushynskyi was nominated by NBU Governor Andriy Pyshnyy.
In this position, Volodymyr Lepushynskyi will be in charge of the Monetary Stability vertical. He will assume his duties on 8 December 2025.
“The foundation of effective monetary policy is a deep understanding of economic processes, the ability to anticipate risks, and form decisions that support stability even in the most turbulent times. Volodymyr Lepushynskyi has extensive experience in the field of monetary policy and economic analysis. He was one of those who introduced inflation targeting in Ukraine in 2015. Volodymyr leads the process of producing macroeconomic analytics, NBU forecasts, and staff proposals on monetary policy decisions. His professional experience, deep knowledge, and high expertise are powerful drivers for the NBU team. I am convinced that today's appointment will strengthen the NBU's ability to keep inflation under control, providing conditions for sustainable economic growth,” commented on the appointment NBU Governor Andriy Pyshnyy.
As a reminder, in accordance with the Law of Ukraine On the National Bank of Ukraine, the Board of the National Bank of Ukraine consists of seven people: the NBU Governor, the First Deputy Governor, and five Deputy Governors. In line with the said role, all Deputy Governors are members of the NBU Board.
Volodymyr Lepushynskyi began his career in October 2004 at the National Bank of Ukraine as an economist responsible for forecasting money market indicators.
In 2008–2014, he worked as a head of division, deputy head of office, and head of office at the Monetary Policy Department and the General Department for Monetary Policy. From 2015 to 2019, he was Deputy Director of the Monetary Policy and Economic Analysis Department.
For six years, from December 2019, he headed the Monetary Policy and Economic Analysis Department.
In 2004, Volodymyr Lepushynskyi received a Master’s degree in Finance from the Kyiv National Economic University. In 2010, he defended his thesis on the topic "Scientific and Methodological Foundations of Assessing the Effectiveness of Monetary Policy in Ukraine" and was awarded his PhD in Economics from the Ukrainian Academy of Banking of the National Bank of Ukraine.