Kubiv announced a new mechanism for electing the heads of the state enterprises

In September, leaders and members of Supervisory boards of state enterprises will begin to elect under the new rules. The best candidate will choose 9 Ministers by secret ballot, by a majority of votes, subject to an Advisory vote of 8 representatives of international financial organizations and international experts on corporate governance.

The first Vice-Prime Minister, Minister of economic development and trade of Ukraine Stepan Kubiv wrote a column on “Economic truth”.

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“This reduces the risk of human error and helps us to neutralize the possible political influence of the concerned Minister. Now the Committee’s decisions shall be taken by secret ballot to nullify the political influence of its members. At the same time, representatives of international organizations will present their separate opinion to the government, which makes the final decision on the appointment or non-appointment,” – said Kubiv.

We will remind, earlier the decision on the appointment of heads of public companies were adopted in an open vote of five Ministers.