Ukraine apoints new supervisory board of state-backed mortgage operator

On Monday, December 15, the Cabinet of Ministers approved the appointment of a new Supervisory Board of Ukrfinzhytlo, the state-owned company that operates Ukraine’s eOselya affordable mortgage program, according to government Order No. 1424.

The government approved the following appointments:

→ Serhii Khodakevych — professor at the Department of Banking and Insurance and Deputy Director of the Institute of Financial Business Development at Kyiv National Economic University named after Vadym Hetman
→ Illia Mykhailov — chairman of the Supervisory Board of Prozorro.Sale
→ Patrick Seifert — managing director at the German bank Landesbank Baden-Württemberg
→ Andrii Teliupa — state representative; Deputy Minister of Economy, Environment, and Agriculture

At the same time, Andrii Teliupa resigned from his position as Deputy Minister at his own request following his appointment to the Supervisory Board.

The powers of the previous Supervisory Board were terminated on September 28, 2025.

• Ukrfinzhytlo is the operator of Ukraine’s affordable mortgage program "eOselya." Over the three years of the program’s operation, more than 22,000 families have purchased housing on preferential terms.
• On December 12, the Cabinet of Ministers decided to recapitalize Ukrfinzhytlo by an additional UAH 30 billion, which will enable another 18,000 families to benefit from the program.