03 June 2014

Sergey Sichkar appointed CFO of Group DF

SichkarSergey Sichkar has been appointed Chief Financial Officer of Group DF. The top manager’s primary objective is to finalize the design of an effective financial management system according to the approved strategy of Group DF and taking into account the current dynamics and economic situation risks.


Sichkar has 19 years of experience in financial and investment management of diversified holdings. He also has practical project management experience in financial function transformation and implementation of modern management approaches to different businesses.


Group DF CEO Boris Krasnyansky commented the appointment: “The main task of Group’s CFO remains unchanged – to finalize the adjustment of financial management system within the Group and its businesses. The financial function development is one of the key elements of the Group DF transformation programme”.


Sergey Sichkar came to replace Anna Ovdienko, who changed her residency for family reasons. Before joining Group DF, Mr Sichkar held the position of Management Board Member and Chief Informational and Technological Development Officer at IFD Kapital, a leading Russian private integrated investment fund, where he was responsible for IT and High-Tech investments, venture financing, intellectual property, as well as running the venture business.


Before joining IFD Kapital, Sergey Sichkar headed the financial management solutions department at PricewaterhouseCoopers in Ukraine. He holds the ACCA international qualification (Association of Chartered Certified Accountants). In 1995, Sergey graduated with honours from Kyiv National Economic University, Faculty of International Economics and Law, and received a degree in accounting and analysis of international trade activities.


“It gives me great honour and responsibility to accept this position. I understand and share the goals of the Group’s owner and management concerning the development of a transparent, efficient and well-controlled business, which provides employment and works for the benefit of Ukraine. Elements of advanced financial management system, which include policies adoption, risk management, liquidity, cost and inventory management, are already being implemented, and should lead to a more efficient use of the Group’s financial resources,” emphasized Sergey Sichkar.