Photo from UNIAN The Supervisory Board of the state-owned Oschadbank ("State Savings Bank of Ukraine") as announced a competition for the bank CEO, according to the Ministry of Finance of Ukraine. The move is due to "unforeseen external circumstances", which have not been specified. "Selection Board and Supervisory Board Nomination and Remuneration Committee of Joint Stock Company &#39;State Savings Bank of Ukraine&#39; thank all candidates who have already submitted their documents to take part in the competition for the CEO of Joint Stock Company "State Savings Bank of Ukraine" and informs that pursuant to a decision of the Supervisory Board, a new competition for the CEO of Joint Stock Company "State Savings Bank of Ukraine" is hereby announced due to unforeseen external circumstances," the statement says. Read alsoOperating banks in Ukraine post almost US$600 mln in Q1 profit The candidates willing to participate in the competition must submit the package of documents to the recruitment company Pedersen&Partners LLC till 18:00 Kyiv time May 22, 2020, that&#39;s two weeks from the announcement date. A candidate for the CEO position must meet the set of requirements, including work experience in the banking sector of at least ten years (with at least five years in senior positions), confirmed experience in strategy development and experience of its implementation; experience of crisis management and working with non-performing loans. UNIAN memo. The State Savings Bank of Ukraine was registered by the National Bank of Ukraine on December 31, 1991. It is fully owned by the state.