Cabinet completes the composition of Naftogaz’s supervisory board. This completes the board, Naftogaz said. Marievich had already served as a state representative on Naftogaz’s supervisory board from June 26-Sept. 11, 2019 when his powers were terminated early.
Oschadbank and Ukreximbank had no supervisory boards for almost seven months. As we reported in December 2023 (see Issue 113), even though the Cabinet of Ministers appointed the new independent members of Ukreximbank’s supervisory board on May 30, the same ordinance appears to have blocked the board’s work. Under the ordinance, independent members serve for three years from the date on which all independent members officially assume their roles.
The OECD Secretariat to assess a key draft law regarding the corporate governance of SOEs. On Aug. 10, lawmaker Dmytro Natalukha of President Volodymyr Zelensky's ruling Servant of the People Party and chair of the Economic Development Committee of the Verkhovna Rada, announced that the Organization for Economic Cooperation and Development (OECD) Secretariat will offer its opinion on Draft Law No. 5593-d. Draft Law No. 5593-d is aimed at significantly improving corporate governance of SOEs.