Former CTO of the Ministry of Digital Transformation of Ukraine Oleksandr Savchenko has joined the team of financial company NovaPay. He has taken on the position of Director of Digital Transformation of Business (CDTO). What will he do in his new position?
Former CTO of the Ministry of Digital Transformation of Ukraine Oleksandr Savchenko has joined the team of financial company NovaPay. He has taken on the position of Director of Digital Transformation of Business (CDTO). What will he do in his new position?
As reported by NovaPay, Oleksandr Savchenko will be responsible for the formation and implementation of the digital transformation strategy, synchronizing the development of products, business processes, and technologies.
"Digital transformation is not just about implementing new technologies. It is important that they help businesses work more efficiently, improve customer experience, and deliver measurable results. To do this, it is necessary to synchronize the work of different teams and consider changes comprehensively — from the business task to its implementation in processes and products," Savchenko noted.
The company emphasizes that the appointment is designed to strengthen the technological capabilities of the services.
"Digital transformation is not about separate IT projects, but about comprehensive work. Oleksandr’s experience will help us combine these areas, strengthen interaction between teams, and transform technological capabilities into concrete business results," commented NovaPay CEO Igor Prykhodko.
Oleksandr Savchenko has over 18 years of experience in the IT industry, more than nine of which are in management positions. Prior to his appointment at NovaPay, he held the position of Chief Technical Officer (CTO) at the Ministry of Digital Affairs, and also worked in top management positions at international IT companies Ciklum and GlobalLogic.
In particular, at Ciklum he was responsible for IT strategy, architecture development and technology consulting, and at GlobalLogic he led an engineering team on a project for an international banking software provider. In total, in his previous roles he managed teams of over 500 specialists and was responsible for projects in the areas of fintech, banking, retail, healthcare and security.
The personnel changes at NovaPay take place against the backdrop of a transformation of the management team and the expansion of the company’s business. Over the past year, the company has changed management several times: in August 2025, Andriy Kryvoshapko left the position of CEO, later the company was headed by Ihor Syrovatko, and later Ihor Prykhodko, who has been working in the structure since 2016, became the CEO. In addition, the group is considering the possibility of purchasing one of the Ukrainian banks to expand the product line.
NovaPay is part of the Nova Group (together with Nova Poshta) and is the first non-bank financial institution in Ukraine to receive an extended license from the National Bank of Ukraine to open accounts and issue cards. The company currently holds 22,7% of the Ukrainian money transfer market and processes about 2.5 million transactions daily. In 2025, NovaPay’s revenue increased to over UAH 10 billion (compared to UAH 9.1 billion in 2024), and net profit amounted to UAH 2.6 billion.
