Member of the Supervisory Board of the National Bank of Ukraine. Kiev, Ukraine.
I am a member of the Supervisory Board of the National Bank of Ukraine and had worked for a long time as the Chief Accountant of the NBU. I have known Iryna Romanenko since 2004. At that time, she was the banking consultant working with the consulting company Institutional & Government Advisory ltd. (IGA), which restructured the Ukrainian banking sector as part of the European Union project.
For approximately two years, she provided technical assistance to 10 leading Ukrainian banks in the areas of management accounting and management information, financial and strategic planning, risk management and asset and liability management.
She worked on the development of practical solutions for complex technical banking issues during the implementation of management accounting, in particular transfer pricing, bank books, cost accounting. Ms. Romanenko took an active part in all aspects of this work, including developing methodology for the local market and providing advice to banks on the automation of this methodology.
Ms. Romanenko also played an important role in creating of training courses for Ukrainian banks in the field of financial and managerial accounting. During this international project, Iryna gained significant experience in the banking and financial sectors as well as shared this knowledge in her following consulting activities via own company to the benefit of Ukrainian banks.
In addition, I would like to mention her contribution to the development of regulation of the National Bank of Ukraine in the field of management accounting. We worked together on the development of regulation and management accounting principles for Ukrainian banks. Thanks to her efforts, foreign methods were adapted to the realities of our local market. The NBU regulation, “Guidelines for the practice of management accounting in banks”, had been developed and published in the Bulletin of the National Bank of Ukraine as well as approved by the Ministry of Justice as banking regulation in September 2007 (the NBU Resolution No. 324, September 6, 2007).
Ms. Romanenko is a bright personality. As a colleague, I appreciate her for her positive outlook and professional approach. I recommend her as a consultant to any financial organization, which is engaged in the bank transformation and builds a centralized and integrated information system.