Ukraine Debt Holders Explore Forming Restructuring Committee bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Editor’s Note: This is issue 116 of Ukrainian State-Owned Enterprises Weekly, covering events from Jan. 20-26, 2024. Ukreximbank’s new supervisory board elects its chair. On Jan. 22, Rostyslav Futalo was chosen as the board chair and Dominique Menu as the deputy chair.
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.
Minister of Finance of Ukraine Serhiy Marchenko, together with the Ukrainian delegation, held talks with the new President of the World Bank, Ajay Banga, and Managing Director of the International Monetary Fund (IMF) Kristina Georgieva, as well as the leaders and teams of these organizations, as part of the Annual Meetings of the World Bank Group and the IMF, started in Morocco.