Ukraine has started a tender to select candidates for the posts of independent members of the supervisory boards of state-owned PrivatBank, Oschadbank and Ukreximbank. According to a posting on the website of the Finance Ministry, the tender was started on April 5 and will be completed before May 10.
As reported, the Finance Ministry early April 2019 selected Pedersen & Partners recruiting company to search for candidates to the post of independent members of the supervisory board of state-owned Oschadbank, Ward Howell Ukraine to search for candidates for state-owned Ukreximbank and Talent Advisors, part of Odgers Berndtson Ukraine, to search for candidates for state-owned PrivatBank.
According to the ministry’s report, candidates who want to take part in the tender must apply to these recruiting companies by April 25.
As reported, the Verkhovna Rada early July 2018 adopted a law on the reform of the supervisory boards of state-run banks, according to which the supervisory board of state-owned banks should consist of nine members. Six of them should be independent, three – representatives of the state, one each from the president, the Cabinet of Ministers and the parliament.
INDEPENDENT MEMBERS, OSCHADBANK, PRIVATBANK, TENDERS, UKREXIMBANK
State-run Oschadbank and Ukreximbank have put rights of claim under a loan agreement with Kyiv-based Gulliver shopping mall’s mortgage up for sale through SETAM’s OpenMarket system for UAH 18.177 billion.
The lot includes a 1.14 ha plot of land on Kyiv’s Sportyvna Square, a trading and office complex with a parking lot with a total area of 151,800 square meters, a 0.11 ha plot of land for construction of a new trading and office complex, and 100% of corporate rights in the borrower’s charter capital, says an announcement posted on the trading platform.
The auction is scheduled for October 16. Bids are accepted until October 15.
State-owned Ukreximbank (Kyiv) has sent part of its net profit for 2017 in the amount of UAH 588 million to pay dividends to the national budget of Ukraine.
The payment was made in line with the requirements of the law on the management of state-owned entities and government resolution No. 139 dated February 28, 2018 on the approval of the basic requirement for sending part of profit sent to pay dividends by companies where the state holds shares for 2017.
The requirement for Ukreximbank is 75% of net profit for 2017.
Ukreximbank was founded in 1992. Its sole owner is the state.
The bank ranked third among 84 banks operating in the country as of January 1, 2018 in terms of assets (UAH 171.011 billion), according to the National Bank of Ukraine.
