State Land Bank Appoints New Supervisory Board Chair

Iryna Ivanova Named to Lead State Land Bank's Supervisory Board

According to Главком: Iryna Ivanova has been elected as the Chairperson of the Supervisory Board of the State Land Bank LLC. Her candidacy was put forward for a vote by Orysya Merza, a member of the board and head of the State Property Fund's apparatus. Ivanova was originally elected to the State Land Bank's Supervisory Board in January 2025.

Ivanova brings significant public sector experience, having served as a member of the Accounting Chamber from 2018 to 2024. In that role, she was responsible for auditing the use of funds by the Verkhovna Rada (Ukraine's parliament), its subdivisions, the State Property Fund, and the Cabinet of Ministers. The five-member Supervisory Board oversees the activities of the State Land Bank's General Director, with three of its members being independent.

Leadership Shifts and Their Implications

Recall that the State Land Bank LLC was established in August 2024 through the corporatization of the state enterprise 'Agrarian Investment Fund'. The previous board chair, Oleksandr Vasylychenko, announced he would step down at the end of January 2026. Recently, the head of the State Property Fund, Dmytro Natalukha, dismissed two deputies-Ihor Tymoshenko and Ivanna Smachylo-who had been appointed under the Fund's previous head, Vitaliy Koval.

Ivanova's election signals a continued push for reform in Ukraine's management of state finances and agricultural investments. This leadership change occurs amid a broader restructuring of state-owned enterprises, which is a key component of Ukraine's governance reforms supported by international partners. Her background in financial oversight is expected to bolster transparency and accountability in the bank's operations, potentially influencing the future development of Ukraine's critical agricultural sector.