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Ukraine state-owned enterprises weekly — Issue 114

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.

Ukraine state-owned enterprises weekly — Issue 113

Ukreximbank has been operating without a supervisory board for over six months. Despite the fact the Cabinet of Ministers appointed the new independent members of Ukreximbank’s supervisory board on May 30, the same ordinance of the Cabinet appears to have blocked the board’s work. According to that ordinance, independent members serve for three years from the date on which all independent members officially assume their roles.

Ukraine state-owned enterprises weekly — Issue 111

Verkhovna Rada appoints a new chief for SPFU. According to Chesno, Vitaliy Koval had been a governor since 2019. In the first round of the mayoral elections, Koval received 13.52% of the vote, taking the third place.

Ukraine state-owned enterprises weekly — Issue 111

Cabinet approves Ukraine’s action plan to implement OECD’s program for Ukraine. The action plan matches the projects stated in the four-year Country Program launched by OECD and the Government of Ukraine on June 7. Policies to improve the financial market and corporate governance in 2024-2025 will be reviewed.

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