Supervisory Board

• Audit Committee:
  Created by virtue of a resolution of the Supervisory Board dated 12.12.2017 (Minutes of Meeting No. 45 of the Supervisory Board dated 12.12.2017); purpose: preparation of records and statements for further review by the Supervisory Board on matters relating to the Bank audit by the Internal Audit Team and external auditors.
  The Audit Committee currently consists of:
  - D.V. Pasko, Independent Director of the Supervisory Board (Chairperson of the Committee);
  - I.D. Papusha, Independent Director of the Supervisory Board;
  - M.H. Chornyi, Member of the Supervisory Board.
• Risk Management Committee:
  Purpose: preparation of records and statements for further review by the Supervisory Board on matters relating to the efficient risk management in banking and risk minimisation measures.
  The Risk Management Committee currently consists of:
  - O.M. Serheiev, Independent Director of the Supervisory Board (Chairperson of the Committee);
  - D.V. Pasko, Independent Director of the Supervisory Board;
  - M.I. Bekker, Member of the Supervisory Board.
• Nomination and Remuneration Committee:
  Created by virtue of a resolution of the Supervisory Board dated 12.12.2017 (Minutes of Meeting No. 45 of the Supervisory Board dated 12.12.2017); purpose: preparation of records and statements for further review by the Supervisory Board on matters relating to the appointment and performance assessment of the Bank’s governing bodies, setting remunerations for officers of the Bank’s governing bodies and the remuneration payment terms.
  The Nomination and Remuneration Committee currently consists of:
  - I.D. Papusha, Independent Director of the Supervisory Board (Chairperson of the Committee);
  - O.M. Serheiev, Independent Director of the Supervisory Board;
  - M.H. Chornyi, Member of the Supervisory Board.
  
  

Compliance

The bank’s Compliance Department was established to ensure the bank's compliance with the effective laws of Ukraine, applicable market standards, internal regulations of the bank and corporate ethics of Pivdenny Bank. The bank’s Compliance Department is an integral component of the internal control system and reports to the bank’s Supervisory Board.

The Compliance Department operates independently and works with the management and oversight bodies of the bank, and all other units of the bank on matters within its purview.

The bank has implemented a whistleblowing system to address illegal acts (fraud, abuse of office, etc.), legal violations of legislation and of the internal regulation of the bank, and/or improper conduct. Clients, partners or employees of the bank may report any violations (including anonymously) for review by the compliance unit.

To obtain access to the whistleblowing system see: hotline.

Risk management

The Supervisory Board has implemented a complex and effective risk management system based on the bank’s activities, the nature/volume of its operations and risk profile. The risk management system ensures ongoing risk analysis, and timely, effective decision-making.

To ensure adequate management, the Supervisory Board of the bank identifies and supports a high-profile culture of risk management, ensures the establishment of transparent communication mechanisms in the bank, and maintains an adequate level of organisational structure, IT systems and internal control systems.

Internal audit

The bank has an internal audit unit that is an integral internal element of the bank’s control system and reports to the Supervisory Board. The internal audit function is responsible for audits of the financial and business activities of the bank, and for reviews and evaluation of risk management and internal control systems of the bank.

Independent auditors

Independent auditors chosen for audit of the Bank’s 2024 financial statements: BDO (Resolution No. 184 of the Supervisory Board dated 16.09.2024).

Address: Ukraine, 49000, Dnipro 4, A. Fabra St.
Site: www.bdo.ua
Tel.: +380 044 393 2688

Corporate Secretary

Andrii Oleksandrovych Poradynskyi,
appointed by virtue of Resolution No. 253 of the Supervisory Board dated 27.12.2023.

Credentials:
1. Corporate Secretary Qualification Certificate No. 0400560-КС dated 23.07.2021.
2. Certification of completion of a Corporate Secretary advanced training programme No. 0400769-ПК dated 01.06.2024

For stockholders: If you have any further questions, please do not hesitate to contact us at andriy.poradynskyy@pivdenny.ua or call +38 (063) 189 9 189