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Ukraine announces tenders for independent members of supervisory boards at state banks
KYIV. Oct 11 (Interfax-Ukraine) – Ukraine is starting a competitive selection of applicants for the position of independent members of the supervisory boards of the state-owned PrivatBank, Oschadbank and Ukreximbank (all from Kyiv).
According to the website of the Ministry of Finance of Ukraine, the start of the competitions is October 11.
Earlier, the Ministry of Finance approved the Executive Search Ukraine recruiting company to search for applicants for the position of independent members to the supervisory board of the state-owned PrivatBank, Pedersen & Partners – to search for candidates to the supervisory board of Ukreximbank, and Ward Howell Ukraine – to select applicants for supervisory board of Oschadbank.
According to the ministry, candidates who want to take part in the competition must submit documents to these recruiting companies by November 11 inclusive.
Candidates are required to be able to work on the council for at least 50 working days a year and to attend council meetings to be held in Kyiv when the security situation allows such a meeting to be held.
In addition, applicants must possess at least two competencies and special knowledge, determined by the supervisory board profile matrix.
As reported, in early July 2018, the Verkhovna Rada adopted a law on reforming the supervisory boards of state-owned banks, according to which the supervisory board of state-owned banks should consist of nine members. Of these, six must be independent, three – representatives of the state, one each from the president, the Cabinet of Ministers and the parliament.
