Official Statement of VoxUkraine on the Appointment of Tymofiy Mylovanov to the Board of the NBU

On 7 July 2016, the Verkhovna Rada of Ukraine elected Tymofiy Mylovanov, member of the Editorial Board of VoxUkraine, to the Board of the National Bank of Ukraine (NBU) for a term of five years. The Editorial Board of VoxUkraine congratulates Tymofiy on his appointment and wishes him every success in his new position. We believe that Tymofiy’s deep understanding of economic processes, his years of experience, and his integrity will contribute to strengthening the efficiency and the independence of the NBU.

Since Tymofiy Mylovanov doesn’t hold any managerial positions in the VoxUkraine civic organization governed by Ukrainian law, his appointment to the NBU Board won’t be an obstacle to his further participation in the organization’s activities. However, the editorial board of VoxUkraine pays close attention to any conflicts of interest that may arise during the functioning and the development of the organization. With this in mind, the editorial board of VoxUkraine, composed of those signing this statement, announces the following:

During his tenure as a member of the NBU Board, Tymofiy Mylovanov won’t participate in any VoxUkraine projects in which a conflict of interest might arise. In particular, he won’t

• edit or approve for publication any posts on monetary policy, currency regulation, the banking sector, or other topics related to the National Bank;
• contribute to the evaluation of resolutions or laws related to the area of activity of the NBU for Reform Index;
• participate in the VoxCheck project on issues that intersect with the area of activity of the National Bank;
• contribute to the evaluation of activities of the National Bank or its individual employees for other projects of VoxUkraine.

Meanwhile, the internal rules of VoxUkraine don’t prohibit Tymofiy, just like any other person regardless of their position, to publish articles online on VoxUkraine.org upon the essential condition that such articles meet the quality criteria and are accepted for publication by at least two editors.

Signatures:

Olena Bilan (Dragon Capital)
Ilona Sologub (KSE)
Oleksandr Zholud (International Center for Policy Studies)
Olena Nizalova (KSE)
Oleksandr Talavera (U. of Sheffield)
Zoya Mylovanova (VoxUkraine Law)
Yuriy Gorodnichenko (UC Berkeley)
Alex Nikolsko-Rzhevskyy (Lehigh University)
Volodymyr Bilotkach (Newcastle U)
Boris Davidenko (Editor-In-Chief)
Tom Coupé (KSE)
Kateryna Dronova (VoxUkraine Law)
Veronika Movchan (IER)
Denys Nizalov (KSE)
Nataliia Shapoval (KSE)
Rostyslav Averchuk (Guest Editor)