Procedures for selecting independent members of the supervisory boards of state-owned banks have been improved
News
/ 2 March 2026 18:25
1 min to read
The Resolution of the Cabinet of Ministers of Ukraine “On Amendments to the Procedures Approved by Resolutions of the Cabinet of Ministers of Ukraine No. 159 of February 13, 2019, and No. 267 of March 27, 2019” provides for:
- expanding the core responsibilities of the recruitment company that identifies candidates for the positions of independent members of the supervisory board of a state-owned bank;
- improving the procedure for identifying candidates for the positions of independent members of the supervisory board of a state-owned bank.
It is expected that the adopted decision will contribute to increasing the transparency and quality of the selection procedures for independent members of supervisory boards and to strengthening the corporate governance system in state-owned banks.
