PrivatBank’s Supervisory Board decided to prematurely fire the head of the financial institution, Gerhard Besch.
Supervisory Board PrivatBank On August 29, he decided to prematurely fire the head of the financial institution’s board, Gerhard Besch, and terminate his employment contract on November 1, which was his last day at the bank. This was stated in the bank’s message in the disclosure system of the National Securities and Stock Market Commission (NCSM).
The basis for such a decision: paragraph 5 of part one of Article 41 of the Labor Code of Ukraine, which provides for dismissal at the initiative of the owner or an authorized body in connection with the termination of the powers of officials.
Besh heads the board PrivatBank from June 10, 2021. At the end of June this year, the bank announced that Besh would leave it, and the supervisory board has begun the process of selecting a new head of the board.
The Supervisory Board appreciates Besh’s “incredible dedication and tenacity and achieving exceptional business results in a very volatile and challenging environment.”
As it is known, in the first quarter of 2024 PrivatBank received UAH 13.86 billion in net income. This is 14% less than the same period last year.
Source: korrespondent
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