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CEO of Life Insurance Company «Universalna» dismissed


Oleksandr Kulyeshin, the Chairman of the Management Board at OJSC «Life Insurance Company «Universalna» has been dismissed by personal wish due to his transfer to other business position. The decision has been approved at the meeting of the Company’s Supervisory board on October 6, 2009.

Accordingly, Lyudmila Mityakina has been appointed as the acting Chairman of the MB at Life Insurance Company «Universalna», who previously served as the Deputy Chairman of the MB on issues relating to consulting network development, cooperation with the insurance brokers, financial companies and corporate clients.

Mrs. Mityakina has been working in insurance since 1993. Before joining «Universalna» she has served as the head of department on cooperation with insurance intermediaries and VIP-clients at «Fortis Life Insurance Ukraine».

According to Oleksiy Muzychko, the Chairman of the Company’s Supervisory Board, last year Life Insurance Company «Universalna», despite the crisis at the market, demonstrated the positive growth dynamics.

«In 1H09 the Company has secured the 1st place by premiums growth rate amid the other insurers — the quarterly premiums growth rate during 2009 totals to approximately 15%. Today our efforts aimed at maintenance of the positive results and enhancement of the Company’s positions at the market. The Company’s strategy is directed at the regional network extension, improvement of the quality provided to clients», — emphasized Mr. Muzychko.




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