Leading through uncertainty: A conversation with Mikael Björknert, CEO of PrivatBank

What does it take to lead when circumstances can change overnight? In this conversation with Tatiana Furtseva and Patrik Hammar, PrivatBank CEO Mikael Björknert reflects on his move from Nordic banking to leading Ukraine’s largest bank during a period of geopolitical uncertainty.

He shares what the experience has taught him about building trust, empowering teams, preparing for the unpredictable, and staying resilient under sustained pressure. He also reflects on the wider role leaders and businesses can play in society and why curiosity and preparation matter more than trying to predict what comes next.

About the interviewers

Tatiana Furtseva (tfurtseva@heidrick.com) is the partner in charge of Heidrick & Struggles’ Kyiv office, a partner in the Warsaw office, and a member of the Financial Services and CEO & Board of Directors practices.

Patrik Hammar (phammar@heidrick.com) is a partner in charge of Heidrick & Struggles’ Stockholm office and a member of the global Financial Services, Financial Officer, and the CEO & Board of Directors practices.