Former Finance Minister Shlapak resigned from the supervisory board of Sens Bank (Alfa-Bank)

by creator • 01.11.2022 • 0 Comments

Former Finance Minister Shlapak resigned from the supervisory board of Sens Bank (Alfa-Bank)

Former Finance Minister Shlapak resigned from the supervisory board of Sens Bank (Alfa-Bank)

Sense Bank (Alfa-Bank) terminated the powers of former Finance Minister Alexander Shlapak as a member of the bank's supervisory board, writes Ministry of Finance.

What is known

According to the bank's announcement in the information disclosure system of the National Securities and Stock Market Commission, Shlapak's powers were terminated on October 28 based on a statement he submitted prior to assuming office.

Only a week has passed since his appointment. Sens Bank (Alfa Bank) previously announced Shlapak's appointment as an independent member of the bank's supervisory board by decision of the extraordinary general meeting of shareholders on October 20.

Alexander Shlapak. Background

According to Forbes, the Ukrainian bank Sens Bank (Alfa-Bank), which is owned by Russian businessmen, will likely be nationalized under the new law on the withdrawal of systemically important banks from the market, which President Volodymyr Zelenskyy signed on October 26.

As a reminder, in March, the National Bank stripped Russian shareholders of Sens Bank (Alfa-Bank) Mikhail Fridman (32,86%), German Khan (20,97%), Alexey Kuzmichev (16,32%), and Petr Aven of their voting rights, as they were included on the sanctions lists of the EU, the US, and the UK.

Following this, Sens Bank (Alfa-Bank) stated that Russian businessmen Fridman and Aven would transfer their stakes to Ukrainian residents, as previously approved by the National Bank. However, the NBU ultimately approved the candidacy of former Bulgarian Finance Minister Simeon Dyankov as a proxy, who would be granted voting rights over the shares of sanctioned shareholders of the Ukrainian Sens Bank (Alfa-Bank).

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