Valentin Buryanov

Founded CIRA in 2024 and heads the agency, which in 2026 became the first in Ukraine to be authorized under the Law "On Rating Activity". He has worked in property development and asset management and served on the supervisory boards of five venture investment funds. PhD candidate at KNEU, author of eight peer-reviewed articles.

Position :
Chief Executive Officer
Email :
Phone no :

Valentyn Burianov founded Credit Intelligence Rating Agency (CIRA) and heads it. He is responsible for strategy, operations, engagement with the National Securities and Stock Market Commission, and client communication.

The agency was founded in October 2024, when Ukraine's Law "On Rating Activity" had not yet taken effect and no authorization procedure for rating agencies existed. On 3 July 2026 the Commission authorized CIRA and entered it into the Register of Authorized Rating Agencies: the agency was the first to complete the new procedure, aligned with European standards of rating regulation. CIRA may now assign credit ratings to legal entities and debt obligations on Ukraine's National Rating Scale.

Before founding the agency he headed the analysis department at Standard Engineering Group, a property developer: he organised financial and credit analysis, determined projects' financing requirements and prepared financing applications, kept receivables accounting and drew up management reporting. Concurrently he managed a portfolio of assets at Assets Financial Group Asset Management Company and carried out primary financial monitoring. He chaired the supervisory boards of three venture corporate investment funds and served on the boards of two more.

He is a PhD candidate at the Department of Corporate Finance and Controlling of Kyiv National Economic University named after Vadym Hetman; his dissertation examines securitization in the capital formation of extractive-sector companies. The results of his research have appeared in eight peer-reviewed articles: on corporate bonds in Ukraine's post-war reconstruction, credit derivatives, interest rate swaps, securitization and the valuation of technology and commodity-sector companies.

Independence of the rating process. Under CIRA's internal rules, ratings are decided by a collegial rating committee; the Chief Executive Officer is not a member of it and takes no part in rating decisions. Commercial relationships with clients are organisationally separated from the rating process.

Experience

Position: Chief Executive Officer, Member of the Board of Directors

At CIRA: since October 2024; Chief Executive Officer since 30 March 2026

Responsible for: Strategy · Operations · Engagement with the NSSMC · Client communication

Not involved in: Rating committee · Rating decisions

Previous positions:

  • Head of Analysis Department, Standard Engineering Group (property development) – 2022–2024
  • Asset management specialist (part-time), Assets Financial Group AMC – 2023–2024
  • Chair of the supervisory board of three venture corporate investment funds – 2024–2025
  • Member of the supervisory board of two venture corporate investment funds – 2023–2025

Education and Qualifications

Education:

  • PhD candidate, Department of Corporate Finance and Controlling, Kyiv National Economic University named after Vadym Hetman – specialty 072 "Finance, Banking and Insurance", 2023–2027
  • Bachelor's and master's degrees, Kyiv National Economic University named after Vadym Hetman – marketing, field of study management and administration, 2021 and 2022

Professional qualifications and courses:

  • Diploma in Management Accounting, operational level of the CIMA Professional Qualification, Chartered Institute of Management Accountants, UK – 2026
  • Advanced Valuation, NYU Stern School of Business – 2025
  • Risk and Crisis Management, London School of Economics and Political Science – 2025
  • Real Estate Economics and Finance, London School of Economics and Political Science – 2024
  • Professional training in financial monitoring (AML/CFT), Academy of Financial Monitoring, State Financial Monitoring Service of Ukraine – 2023

Research profiles: ORCID 0009-0009-2331-7442

Contact: ceo@cira.com.ua · LinkedIn

Academic Publications

Peer-reviewed journal articles

  1. Burianov V., Kulish G. Methodology for Valuing Commodity-Sector Companies on the Example of Shell plc: A Retrospective Test. Stalyi Rozvytok Ekonomiky, 2026, no. 2 (59), pp. 880–891. DOI: 10.32782/2308-1988/2026-59-119
  2. Burianov V. The Rooster Does Not Create the Dawn: The NBU Reflects Rather Than Sets Interest Rates. Efektyvna Ekonomika, 2026, no. 5. DOI: 10.32702/2307-2105.2026.5.146
  3. Burianov V., Kulish G. From Fundamental Value to Market Pricing: A Valuation Methodology for High-Growth Technology Companies. Business Inform, 2025, no. 9, pp. 35–51. DOI: 10.32983/2222-4459-2025-9-35-51
  4. Burianov V. Mind the Multiplier: Recalibrating the Growth Factor in Valuing Public Companies. Ekonomika ta Suspilstvo, 2025, iss. 76. DOI: 10.32782/2524-0072/2025-76-9
  5. Burianov V., Kulish G., Krush V. Securitization: Essence, Classification, and Relevance of Use in Ukraine. Via Economica, 2024, iss. 4, pp. 47–56. DOI: 10.32782/2786-8559/2024-4-7
  6. Burianov V., Kulish G. Credit Derivatives: Trading Protection. Economics & Education, 2024, vol. 9, no. 2, pp. 56–60. DOI: 10.30525/2500-946X/2024-2-8
  7. Burianov V., Kulish G. Interest Swap in Corporate Governance. Stalyi Rozvytok Ekonomiky, 2024, no. 2 (49), pp. 157–167. DOI: 10.32782/2308-1988/2024-49-25
  8. Burianov V., Kulish G. Corporate Bonds in the Post-War Reconstruction of Ukraine. Ekonomika ta Suspilstvo, 2023, iss. 48. DOI: 10.32782/2524-0072/2023-48-27

Conference proceedings

  1. Burianov V. Innovative Mechanisms of Securitization – International Practice. In: World economy and international economic relations: new realities and opportunities: proceedings of the international scientific-practical conference (Uzhhorod, 6–7 December 2024). Lviv–Torun: Liha-Pres, 2024, pp. 130–133. Volume