Andriy

ANDRIY KORMACHOV
[відкрити контакти](див. вище в блоці «контактна інформація»), [відкрити контакти](див. вище в блоці «контактна інформація»), [відкрити контакти](див. вище в блоці «контактна інформація»)
EU Resident – Polish permanent residence card (UA nationality). Readiness for relocation

With background in System Engineering, Finance and Government Projects,
I leverage 25+ years of experience in Banking, Insurance, Telecom and Public Sector.
B2B operational expertise is split between 15 years in the Ukrainian market and 10 years in the European Union.
Certified Lean Six Sigma Green Belt and PRINCE2 with recognitions from Nokia, Raiffeisen Bank and Portuguese.

Track Record of Driving Value:
• €1M/year saved & 21% portfolio reduction post-M&A synthesis (Nokia).
• 95% billing transparency achieved & €0.3M annual loss eliminated by re-engineering data systems (Nokia).
• -20% cycle time on a process with 32M datapoints, ensuring scalability for 300K components (Nokia).
• turnaround & stabilization achieved for a UAH 1B corporate problem loan portfolio (Raiffeisen Bank).
• 2.5x B2B market share growth in 3 years via 300-manager sales network deployment (Insurance).

Awards & Recognitions:
• Lean Six Sigma Quality Expert (Nokia, 2021): Certified for leading a post-M&A portfolio rationalization
project that resulted in €1M in annual savings.
• Risk Management Excellence Award (Raiffeisen Bank, 2010 & 2012): Awarded twice for innovating and
implementing a bank-wide automated NPV analysis tool that significantly enhanced financial analysis
efficiency and became a standard for settlement scenarios.

Education
Master’s in Management of EU Government projects, UNS, Lodz, Poland 09/2023 – 06/2024
Master’s in Finance, Taras Shevchenko National University of Kyiv. Ukraine 09/2006 – 05/2008
Systems Engineering, National Technical University. Sevastopol, Ukraine 09/1993 – 05/1998

Languages English, Polish, Ukrainian, Russian (all proficient)

Professional experience
CFE Foundation, Poland www.cfefoundation.net 11/2025 - now
Founder & Project Architect (Pre-investment phase)
Developing the "Make Ukraine Shine Again" (MUSA) program — a comprehensive €60M Battery-as-a-Service
(BaaS) investment project for the Ukrainian C&I sector:
Market & Customer Needs Assessment [LinkedIn Link1]
• Conducted a deep-dive evaluation of the Ukrainian B2B energy crisis. Initiated direct negotiations and
technical audits with 50+ global BESS manufacturers to align their hardware capabilities with the resilience
needs of local industrial offtakes.
Financial Structuring & Modeling [LinkedIn Link2]
• Designed the financial architecture for a decentralized BESS portfolio utilizing a "zero-upfront cost" 10-year
operational leasing model. Built models to calculate market spreads, commission structures, and unit
economics (IRR, MOIC, Payback).
Institutional Application & Stakeholder Engagement [LinkedIn Link3]
• Conducted high-level consultations with 40+ financial institutions, energy companies, and consulting firms.
Validated the business model publicly, driving market education and growing a targeted LinkedIn community
by +1,000 industry professionals.
• Compiled extensive market feedback, technical reviews, and stakeholder Q&A into the final Project Fiche
submitted to the EU's Ukraine Investment Framework (UIF). Structured an EU-based SPV and cross-border
legal corridor, creating a plug-and-play framework ready for deployment upon CAPEX confirmation.

Bank Grant, Ukraine - Lead Advisor on ISO 20022 payments 09/2024 – 10/2025
• Designed the blueprint for the system logic for the integration of the new core bank accounting system,
ensuring compliance with regulatory and technical requirements.
• Delivered the project blueprint, successfully concluding the primary mission phase before a strategic shift
in the bank's project priorities.

Commission of Innovation. Portuguese Government | ccdr-a.gov.pt 04/2024 – 08/2024
AURORAL - Horizon2020 EU Project https://auroral.eu/ Expert Evaluator (Jury member)
• Conducted strategic due diligence on grant proposals for large-scale the Horizon2020 EU-funded IoT
ecosystem projects.
• Architected and applied a rigorous evaluation framework to assess proposals against technical viability,
financial sustainability, and long-term strategic impact.
• Delivered critical recommendations that ensured the alignment of multi-million Euro funding with key EU
policy objectives.

Nokia, Wroclaw, Poland | www.nokia.com 03/2017 – 03/2024
Promoted through three roles of increasing responsibility, from tactical contract management to strategic program
leadership, consistently driving large-scale transformation initiatives.
Program Manager/PMO - Business Process Transformation Manager at Nokia Quality Guild (01/2022 - 03/2024)
• Orchestrated a strategic portfolio of Lean initiatives across the organization.
• Led the consolidation of 15 legacy tools into a unified, cloud-based system (Salesforce), establishing a
single roadmap, budget, and PMO governance, aimed at transforming Customer Service Contract
Management.
• Achieved a -20% reduction in contract preparation time across 32M data points by enhancing
automation, data governance, and process visualisation.
• Key Technologies: Salesforce (CRM/CPQ), JIRA, ServiceNow, SAP (P20/S4-HANA), Confluence, Power
BI
Project Manager (Business Analyst) at Product Master Data team (06/2018 - 12/2021)
• Spearheaded a post-M&A portfolio rationalization project, resolving ownership conflicts and assessing
the profitability of a 5,000-product portfolio.
• Architected and delivered a "Single Source of Truth" by integrating disparate data systems, enabling
data-driven decision-making for 500+ stakeholders.
• Eliminated 21% of the underperforming portfolio, resulting in €1M in annual cost savings and the
implementation of new Standard Operating Procedures (SOPs).
BPO Contract Performance Manager at Global Business Services (03/2017 - 05/2018)
• Harmonized and automated fragmented reporting processes across 50+ Logistics Service Providers
(LSPs) post-M&A.
• Achieved 95% transparency in billing and logistics data, eliminating €0.3M in annual losses.
• Delivered a 20% reduction in CO2 emissions within the transportation network through data-driven
process optimization.

Raiffeisen Bank, Kyiv, Ukraine | http://raiffeisen.ua 01/2010 – 05/2016
Promoted from a field-level anti-crisis manager to a Senior Risk Officer, ultimately managing a UAH 1B problem loan
portfolio and leading a 45-person team.
Portfolio Manager - Senior Risk Officer at Problem Loans Department in Corporate Business (09/2012 - 05/2016)
• Managed the full lifecycle of a UAH 1B corporate problem loan portfolio, supervising a team of 45
officers to develop and execute recovery strategies.
• Represented and defended complex recovery cases at Credit Committee and Board meetings, interfacing
directly with C-Level executives forecasting of loan portfolio Cash Inflows/Outflow for NCO.
• Ensured Basel II/III compliance by rigorously managing Risk-Weighted Assets (RWA), Capital Adequacy
(CAR), liquidity ratios (LCR) and Net Stable Funding Ratio (NSFR).
• Led due diligence and price negotiations for the acquisition of other banks' securitized portfolios.
Traveling Oversight Officer (Anti-crisis manager) at Risk Management Department (01/2010 - 08/2012)
• Innovated and implemented an automated NPV analysis tool for settlement scenarios that became a
bank-wide standard, significantly enhancing financial analysis efficiency (rewarded by Bank)
• Conducted in-depth, on-site risk assessments for over 300 corporate borrowers, developing tailored
anti-crisis strategies that formed the basis for portfolio-wide recovery plans.

Insurance 06/1998 – 12/2009
IC “PUSK” Kyiv, Ukraine - Head of R&D team, Vice – President 07/2008 – 12/2009
• Architected a corporate strategy and led its deployment through a restructured national sales network.
• Secured key partnerships and investor relations to fuel company expansion and market penetration.
• Led the executive recruitment and onboarding process, building a high-performance management team.
IC RosGosStrakh-Ukraine, Etalon, Kyiv, Ukraine - Head of VIP and Corporate Department 06/2002 – 06/2008
• Drove 2.5x corporate market share growth in two years by architecting and deploying a new national B2B
sales system.

• Built and scaled a 300-person regional sales force, establishing KPI frameworks, operational guidelines, and
performance management systems.
• Spearheaded the R&D and launch of new insurance products (medical, marine risk), securing a key
competitive advantage.
IC Justa, Mega-Polis, Sevastopol, Ukraine - Head of R&D Team 06/1998 – 05/2002
• Led the company's first CRM system integration, creating the foundational infrastructure for data-driven sales
management. Developed and executed a winning strategy for public procurement tenders, securing the
company's dominant position in the government sector. Pioneered the deployment of complex insurance
products in the Ukrainian market, adapting international standards (Lloyd’s) to local regulatory frameworks.

Certificates
Lean Six Sigma, Quality Expert Belt, Power BI Data Modeling with DAX, Marketing Foundations: Value Proposition
Development, PRINCE2, Business Analyst (IIBA, PMI, NASBA), National Security Agreement - Conducting Work
Involving the U.S. Government, Business Process Management, Robotic Process Automation, Incoterms, Basel II,
Insurance Expertise in Industrial Facilities and Transportation, Insurance Expertise in Ships and Marine
Transportation, among others.

Core Competencies
B2B Expansion & Market Entry: Architecting VAD (Value-Added Distribution) channels, deploying national sales
networks, and scaling B2B market share.
Cross-Border Supply Chain: End-to-end logistics architecture (APAC → EU → UA), customs clearance, and SLA
negotiations in high-risk environments.
Process Optimization: Lean Six Sigma Green Belt-certified efficiency improvements, reducing cycle times and
eliminating operational bottlenecks.
Financial Acumen & Risk Management: Restructuring distressed corporate portfolios, financial modelling, P&L
accountability, and public funding (EBRD).
Data-Driven Governance: Advanced analytics (Power BI, Tableau, SAP BI), creating "Single Source of Truth"
architectures for post-M&A system consolidations..
Financial Acumen: Risk management, financial modelling, budgeting.

Additional information
• EU Resident - permanent residence card. Readiness for relocation across EU and some other countries
• B+C European driver licence. Flexibility to work remotely and across time zones.
• Architected a comprehensive, investment-ready grant proposal for the EBRD and Italian Government,
orchestrating a cross-border consortium of key stakeholders (Ukrainian Agro Council, EU Chamber of
Commerce, Polish enterprises). The project blueprint detailed a framework for driving sustainable agricultural
innovation, ESG compliance, and energy independence for Ukraine's post-war agro-industrial sector.
• Established the non-profit foundation as a strategic vehicle to bridge Ukrainian enterprises with European
funding streams and partnership opportunities for rebuilding and innovation.

Publications
• "Financial Buffer: Future-Proofing Financial Systems" (2004),
• "Unlocking Public Procurement Potential" (2009)

Experience brief
Industries: Insurance (10y), Telecom (7y), Banking (7y), Public Sector (0.5y), Self-employment (1y)
Roles: Management (10y, teams 5–300), Executive (1y), Portfolio Manager (6y), PM/PMO (10y/2y)
Business Analysis (15y), BI Developer (6y), Risk-Manager (6y), Anti-crisis manager (3y), Strategy analyst (10y)

DECLARATION
I hereby declare that all the facts and information provided for a cover letter, reference letters, and this document are true. I allow my personal
data stated in the above-mentioned applications to be processed for the purpose of recruitment, in accordance with the Personal Data
Protection Act.