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06.12.2018Oleksandr Okuniev took part in the NBU Program “School of Independent Directors”

On December 5-6, 2018, Kyiv hosted the first educational event “School of Independent Directors” organized by the National Bank of Ukraine.

The main topic of the seminar is corporate governance in banks. Under the influence of global risks, the banking system is changing all over the world, and Ukraine is no exception. Therefore, regardless of the owners of banks, the ability of the supervisory board to make decisions and regulate the work of a financial institution in a timely and high-quality manner is one of the most important pillars of its success”, the NBU press office reports.

The speakers of the seminar were representatives of the NBU, as well as a member of the NCSSMF Maksym Libanov, the Chairman of the office of the National Investment Council under the President of Ukraine Yulia Kovaliv, EBRD Governance Director Olyana Gordiyenko, and Project Manager of the EBRD Project Office Oksana Paraskeva, expert on corporate governance of SAGSUR Andriy Boytsun,

Independent Director of the “Industrialbank” Vladislav Verchenko, Independent Director of Megabank Bank Desmond O’Maynik, Independent Director of Bank “Pivdennyi” Margot Jacobs and Chairman of the Board of the Corporate Governance Professional Association Oleksandr Okuniev shared their experience during the panel discussion.

Olexandr Okuniev talked about the importance of the proper search and election of independent directors and the requirement for the required qualifications for board members in banks. Also, the Chairman of the CGPA Management Board drew the attention to the possibility to apply to the National Registry of Corporate Directors, the initiator of which was the Corporate Governance Professional Association. Inclusion in the National Register will allow CGPA and the Registry Board to recommend included Directors to be elected to the supervisory boards of legal entities of Ukrainian and international companies.

International practice and experience of the Ukrainian banking market suggest that the practical implementation of the best corporate governance standards is a requirement of time and an inevitable process. So, we all have to learn and share our knowledge. And in this context, the National Bank is ready to enter into dialogue with you in order to build a quality national system of independent directors of banks. This will allow the banking system to effectively counter current and future risks, “said Deputy Chairman of the National Bank of Ukraine Dmitry Sologub, closing the seminar.

According to the press office of the National Bank of Ukraine