Alfa-Bank Ukraine has agreed with the NBU to whom it will transfer the rights for the shares of Friedman and Aven
Alfa-Bank Ukraine agrees with the National Bank on the candidacy of Simeon Dyankov for the position of proxy, which will be transferred the right to vote on shares of sanctioned shareholders of the bank.
This is stated in the statement of the bank.
“According to the law, Alfa-Bank of Ukraine has a proxy with the National Bank of Ukraine – Simeon Dyankov, who is given the right to vote for shares of shareholders whose reputation is recognized as impeccable, and the right to participate in any way in managing the bank.
Now, within the powers and legislation, Simeon Dyankov can participate in the management of the bank, “the financial institution explained.
Simeon Djankov is a Bulgarian economist, statesman, former Minister of Finance and Deputy Prime Minister of Bulgaria (July 2009 – March 2013).
He is currently the Executive Director of the Financial Markets Group of the London School of Economics and a Technical Officer of the European Commission.
The bank adds that Dyankov has 19 years of experience in the World Bank, where he worked in countries with economies in transition.
“In addition, he worked as the General Supervisor of the European Bank for Reconstruction and Development. He has published more than 70 scientific papers, obtaining a doctorate in economics from the University of Michigan (USA),” the statement said.
“We condemn the war, the terrible casualties among the population, the destruction of infrastructure. We can, what resources will be needed for the revival of Ukraine’s economy and will definitely participate in the recovery. We must be ready for this.
Today’s appointment of Simeon Dyankov is an important step towards resolving the reputational challenges that have arisen in Alfa-Bank of Ukraine and to fulfill the requirements of Ukrainian legislation.
Simeon is a professional with unique experience in regions experiencing crisis situations. With deep knowledge of economic reform and corporate governance. I believe that the appointment of a trustee will be a new opportunity for our team to obtain the necessary for the Ukrainian economic expertise, “said Roman Shpek, Chairman of the Bank’s Supervisory Board.
“International experience, stability of banks is a key issue for the country’s economy. Alfa-Bank Ukraine is one of the largest banks with modern services and a professional team. Our task is to successfully go through a period of transformation and contribute to Ukraine’s economy,” Dyankov said.
Alfa-Bank Ukraine adds that it operates on a full-time basis.
“Bringing the bank’s ownership structure in line with Ukrainian law does not apply to the normal work of a financial institution. The Supervisory Board and the Management Board operate without restrictions within their area of responsibility and competence.
In agreement with the NBU, Simeon Dyankov will act within the framework of the General Meeting. The powers of the trustee include participation in the General Meeting, consideration of the report of the Supervisory Board of the bank, “the bank said.
The Bank also recalled the statement to the US Treasury Department that the Alfa-Bank Ukraine is a separate legal entity that is not related to the Russian bank and is not subject to sanctions.
pass:
The National Bank recognized the shareholders of the Ukrainian Alfa-Bank, the sanctioned Mykhailo Friedman and Petro Aven, as having lost their impeccable business reputation and left their right to vote in the bank.
It was reported that in Ukrainian Alfa-Bank continues to search for a trustee entitled to the actions of Mykhailo Friedman and Piotr Aven. The National Bank of Ukraine deprived these shareholders of their voting rights.
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