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Ukraine's Minister of Economic Development and Trade Stepan Kubiv says the Nomination Committee, which will include eight envoys of the expert community and international financial organizations, will be electing the heads of state-run companies by secret ballot of nine ministers (previously, there was an open vote by five ministers) starting September 2017, according to the ministry's post on Facebook.
"We have reduced the human factor as much as possible: starting this autumn, the candidates shall be approved by a majority vote of nine ministers, taking into account the consultative voice of eight representatives of IFIs [international financial institutions], and international experts on corporate management. This will reduce the risk of human error and help us neutralize possible political influence on the part of any interested minister," Kubiv said.
According to the official, the system will also allow nullifying the committee members' political influence.
Read alsoPM Groysman believes privatization not to be halted over non-appointment of State Property Fund chief"From now on, the Committee’s decisions will be taken by secret ballot to reduce to zero the political influence of its members. At the same time, representatives of international organizations will submit their separate opinion to the Government, which will make the final decision on whether to appoint [the candidate] or not," the minister stressed.
As UNIAN reported earlier, at the end of 2016, the Nomination Committee for the appointment of large state-run enterprises' CEOs included, as independent experts, the following officials: head of the Ukrainian office of the European Bank for Reconstruction and Development Sevki Acuner, IMF Representative in Ukraine Jerome Vacher (now resigned from post), World Bank Director for Ukraine, Belarus and Moldova Satu Kahkonen, head of the International Finance Corporation in Ukraine Rufat Alimardanov, Business Ombudsman Algirdas Semeta, President of Kyiv School of Economics Dr. George Logush, economist Andriy Boytsun, as well as a representative of a recruiting agency engaged in candidate selection.
The Committee also included an economy minister, finance minister, infrastructure minister, energy minister, and a minister of agrarian policy.
Read alsoNABU detains CEO, deputy chief of Lviv Armor Vehicle FactoryIn mid-April 2017, the Ministry of Economic Development and Trade announced the start of preparations for creation of supervisory councils at five state-owned enterprises: the Boryspil International Airport, Ukrposhta, Ukrzaliznytsia, Ukrhydroenergo, and Ukrenergo. The Nomination Committee under Ukraine's Cabinet of Ministers intends to select supervisory board members for Energoatom, Ukrenergo and Ukrhydroenergo as soon as possible.