Nibulon has a new Financial Executive Officer

Ukrainian agroholding Nibulon has appointed a new FEO.

This week, Mykyta Grubov joined the Nibulon team as FEO, the company announced.

Grubov has over 17 years of experience in finance, of which 12.5 years he held the positions of FEO and CEO. During this time, he worked in Ukrainian companies with foreign investments in such industries as metallurgy, food industry, transport and logistics.

In addition, Mykyta Grubov was involved in projects on business transformation, optimization and automation of processes to increase efficiency and reduce the cost of products and services. He also participated in M&A projects and post M&A integration processes.

Grubov’s education is from the National Metallurgical Academy of Ukraine (Dnipro). There he received a master’s degree in business economics with a specialization in “Economic Cybernetics”. In addition, he has a diploma and is a member of ACCA (Association of Chartered Certified Accountants).

At Nibulon, Mykyta Grubov will be part of the Board of Directors and will be responsible for coordinating the work of the finance department. His main tasks will include developing and improving the financial strategy, ensuring the development of budget plans and their implementation, interacting with financial institutions, preparing IFRS reporting, and supporting audits.

Earlier, USM reported that Nibulon invested $6 million in the modernization of elevators in 2024.