SPFU conducted a competitive selection for the four position of independent members of the Supervisory Boards of PJSC “Zaporizhzhiaoblenergo”

State Property Fund conducted a competitive selection for the four position of independent members of the Supervisory Boards of PJSC “Zaporizhzhiaoblenergo”.

This was announced by Vitalii Trubarov, Chairman of the State Property Fund.

Upon completion of all procedures of the preparation of the competition results, the Fond will pass the candidates for approval by the Nominating Committee of the Ministry of Economic Development and Trade to definitely decide who will take the post of the Supervisory Board members of PJSC “Zaporizhzhiaoblenergo”.

During the selection of candidates, the Fond took into account experience in management and privatization issues, profile of specialization, candidate education, because the Supervisory Board as the body that accepts practically all key decisions of the Company's activities should consist of specialists from  various fields.

The competition for the selection of independent members of the Supervisory Board of PJSC "Zaporizhzhiaoblenergo" was the first example of the competitive selection of the members of the Supervisory Boards of joint stock companies, and the Fund hopes that it will be a model for all other competitions.