Government appoints three new members of PrivatBank Supervisory Board

"According to the Government’s resolution, new independent members of the Supervisory Board of PrivatBank are Sebastian Prinz von Schoenaich-Carolath, Olga Tomash and Roman Sulzhik, who will assume their duties starting from July 30, 2019,” reads the report.

According to the ministry, the appointment will contribute to the formation of the Supervisory Board of PrivatBank in its full composition – nine members, of whom six members are independent, and three members are representatives of the state in accordance with Article 7 of the Law of Ukraine on banks and banking.

As reported, earlier three newly appointed members of the Supervisory Board of PrivatBank, following the results of the open competition, announced refusal to hold office at their own discretion in connection with inadmissibility of the requirements of the anti-corruption legislation of Ukraine on declaration.

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