Corporate management of Ukrgasbank OJSB is based on the following principles:
- The real possibility for the shareholders to exercise their Bank participation rights.
- Equal approach to all shareholders regardless of the number of shares in their hands.
- the Supervisory Council is responsible for strategic management of the Bank and effective control over the Management Board. The Supervisory Council members are accountable to the Bank’s shareholders. The Management Board conducts considerate, diligent, and effective management of current operations, being subordinated to the Supervisory Council and shareholders.
- Timely publication of exhaustive and credible information about the Bank, including its financial status, economic indicators, major events, ownership and management structure to make it possible for the Bank’s shareholders and customers to make solid and thought-through decisions.
- Effective control over the financial and business activities of the Bank to protect the rights and legitimate interests of the Bank’s shareholders and customers. The management of the Bank consists of the General Participants (Shareholders) Meeting, Supervisory Council and Management Board.