New Supervisory Board of Ukrainian Venture Capital and Private Equity Association (UVCA) is elected.13 Dec 2019

Traditionally, at the beginning of December, according to the Association's Charter, the annual elections to the Association's Supervisory Board took place.

Of the sixteen experts and active participants in the venture capital industry, nine were selected from among the member companies of the Association.

Every year we try to involve new expertise and are very grateful to our colleagues for their time and efforts as members of the Association's Supervisory Board – invested both in the development of the Association and in the development of the Ukrainian private equity market as a whole.

Olga Afanasyeva
Executive Director UVCA

Thus, the Association's Supervisory Board currently includes:

This combination of a deep understanding of the private investment industry, venture business, experience in corporate activities, as well as the functioning of the investment market, will further improve the Association's business strategy, serving the interests of its members and the Ukrainian private equity market as a whole.

In addition to the members of the Supervisory Board, who have continued their mandate since last year, the Association's governing body also included new members - Emanuele Volpe, Director of Innovation in DTEK and Roman Nikitov, Co-Head in ICU Ventures.

I am excited to join UVCA Board, which I consider a team of rainmakers in the venture world of Ukraine. I have and plan to continue contributing to development of the Ukrainian VC ecosystem with aim to create sufficient infrastructure for Ukrainian entrepreneurs to stay and grow in the country.

Roman Nikitov
Co-Head in ICU Ventures

The desire to bring both private and international experience and expertise into the Ukrainian ecosystem of private investment is also reflected in the geographical composition of the Supervisory Board - 55 percent of its members are Ukrainians and 45 percent are representatives of other countries.

The purpose of creation and activity of the Association is to protect the rights, to satisfy the common interests of the members of the Association, including with promoting the development of the private investment capital market, expanding the opportunities for private investment in Ukraine and improving the conditions of investment and business activity in Ukraine. And it is the Supervisory Board that organizes these tasks and protects the rights of members of the Association.

Approaching the fifth anniversary of the Ukrainian Venture and Private Equity Association and the positive developments in the country contribute to the establishment of even more ambitious goals of the Association, which will continue to be the task of the Supervisory Board.