As part of implementation of the strategy on reforming the public bank sector, Ukrgasbank implemented the reform of corporate governance system, according to the press office of Ukrgasbank reports, EP reports.
In particular, during the last annual general shareholder’s meetings of the bank, the new composition of the supervisory board was elected with the higher representation of independent members of the Rada (4 out of 7 persons). It should be separately noted that the supervisory board is headed by the independent member for the first time – Artem Shevalev.
Also, the new committees were created as part of implementation of this strategy at the last meeting of the supervisory board of the bank – on attraction of investments and implementation of the strategy of development of Ukrgasbank as well as remuneration and nomination committees. As reported, Ukrgasbank has the clear hierarchy of decision-making by the collegiate bodies of the bank and the system of avoidance of conflicts of interest.
It should be noted that Artem Shevalev is the member of the EBRD’s Board of Directors from Ukraine as well as the member of the supervisory board of the nationalized PrivatBank.
