Supervisory Board

Tomas Fiala is the founder of Dragon Capital. Before initiating the creation of Dragon Capital in 2000, he worked at Bayerische Vereinsbank in Prague, while continuing studies at the Prague University of Economics, and at Wood & Co., a leading regional investment bank.

Tomas has served as elected President of the European Business Association (EBA) in 2010-2015 and in 2016-2021, leading Ukraine’s top business organisation currently comprising over 1,000 companies with more than a million employees.

In 2015, Tomas co-founded and became Chairman of the Supervisory Board of the Center for Economic Strategy, an independent economic policy think tank. In 2016-2020, He was elected to the Board of Transparency International Ukraine, part of a leading global anti-corruption watchdog. In October 2020, Tomas was elected to the Board of Directors of the Kyiv School of Economics.

Olga Balytska is Head of Real Estate, Attorneys Association “PwC Legal Ukraine”. Olga is a well-known expert (with substantial successful practical experience in the implementation and management of projects) in construction and land use, engineering, transport and social infrastructure. She has over 20 years of experience working with leading multinational and domestic companies and supports the implementation of large investment projects at both regional and national levels.

She has been repeatedly elected as Chair of the Real Estate Committee of the European Business Association. Olga also leads the Association’s special committee on the land market. A team of attorneys-at-law led by Olga won a case in the European Court of Human Rights concerning the illegitimacy of a “moratorium” on the sale of agricultural land in Ukraine.

While serving as a member of the Kyiv City Council (2015–2020), she initiated structural reforms at both the local and national levels in areas such as land use regulation, construction, protection of the rights of people with disabilities and other groups with limited mobility, parking reform, formalisation of property relations, renovation of the obsolete housing stock, and the development of grassroots democracy, among others.

She authored a unique reform of the share participation process in Kyiv. As a result, Ukraine climbed 105 positions in the Doing Business ranking in the category “Dealing with Construction Permits” and improved by 4 positions in the overall ranking.

Olena Bilan has over 15 years of experience in macroeconomic analysis and forecasting. She joined Dragon Capital in 2006 as an economist and fixed-income analyst, and was promoted to Chief Economist in 2009. In this role, she leads macroeconomic forecasting and analysis of economic developments, as well as Ukraine’s credit and currency markets.

Prior to joining Dragon Capital, Olena worked at the Institute for Economic Research and Policy Consulting (IER), a leading Ukrainian think tank, and at the investment fund SigmaBleyzer. She was ranked among the top three analysts in the Ukrainian financial market in the Thomson Reuters Extel survey of global institutional investors.

Olena co-chairs the Board of Directors of the Kyiv School of Economics (KSE) and serves on the Supervisory Boards of VoxUkraine and the Center for Economic Strategy.

In 2002, she earned a Master’s degree in International Economics from the EERC program at the University of Kyiv-Mohyla Academy (now Kyiv School of Economics), as well as a degree in Computer Science from the National Technical University of Ukraine “Kyiv Polytechnic Institute.”

Ivan Mikloš is the former Deputy Prime Minister and Minister of Finance of the Slovak Republic (2002-2006, 2010-2012), Deputy Prime Minister for Economy (1998-2002), and Minister of Privatisation (1991-1992). He co-founded and led the economic think tank MESA10 (1992-1998). Between 2006-2010 and 2012-2016, he was a Member of Parliament.

In 2014, he was reappointed as the President of MESA10 and became a Member of the International Advisory Board of the National Reform Council of Ukraine and the platform VoxUkraine. From 2015 to 2016, he served as a Chief Advisor to the Minister of Finance of Ukraine and as an Advisor to the Minister of Economic Development and Trade of Ukraine. From April 2016 until August 2019, he was a Chief Economic Advisor to the Prime Minister of Ukraine. After the change of the government, from November 2019 until March 2020, he returned as Economic Advisor to the Prime Minister of Ukraine.

Between 2016 and 2020, Ivan Mikloš chaired the Strategic Advisory Group for Support of Ukrainian Reforms (SAGSUR). He is also a co-founder of the Ukrainian economic think tank Centre for Economic Strategy. Since August 2021, he has been a member of the Strategic Council for the Implementation of the Slovak Recovery and Resilience Plan, led by the Prime Minister. In November 2021, he became an Advisor to the Prime Minister of Moldova.

Ivan Mikloš was one of the key architects of Slovakia’s economic transformation. He played a major role in the country’s accession to the OECD and initiated a sweeping and effective tax reform. He led government efforts on economic restructuring and fiscal consolidation. The second Dzurinda government (2002–2006), backed by Mikloš’s reform agenda, earned a reputation for bold reforms, including significant changes to the tax system, social sector, pensions, healthcare, public finance, and the labour market. These reforms laid the groundwork for Slovakia’s accession to the Eurozone in 2009.

In recognition of his achievements, he was named “Best Minister of Finance of the Year” by Euromoney in 2004 and “Top Business Reformer” by the World Bank’s Doing Business report.

He is the author of several books, including “Book of Reforms” (2005) and “Rewriting the Rule” (2001), as well as numerous studies and articles in both expert and popular media. He also contributed a chapter on Slovak reforms to the book “The Great Rebirth: Lessons from the Victory of Capitalism over Communism” (2014). In 2019, under his leadership, SAGSUR published “Reforms in Ukraine after Revolution of Dignity: What was done, why not more and what to do next” to which he contributed the chapter “Political Economy of Reforms: Political System, Governance and Corruption.”

Roman has over 20 years of experience in international capital markets. In 2015–2016, he served as Chairman of the Supervisory Board of the National Depository of Ukraine. From 2019 to 2023, he was an independent member of the Board of Directors of PrivatBank.

From 2008 to 2011, he was Director of the Rates Trading Department at Deutsche Bank in Moscow. Between 2000 and 2008, he held the position of Vice President at JP Morgan Chase in New York and London, where he contributed to the development of the bank’s risk management and derivatives trading systems.

From 1995 to 2000, Roman worked in the IT departments of several technology companies in New York. He holds an MBA from New York University’s Stern School of Business and studied Computer Science and Mathematics at Leeds University