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Supervisory Board discusses acceleration of Ukrainian Railway’s transformation and progresses corporate governance and key anti-corruption initiatives.
When the independent Supervisory Board of UZ was appointed in June 2018, unfortunately the Company was not in a good shape and required major reforms. The Supervisory Board has since met on a monthly basis, engaging fully with the Management Board, and adopted key governance documents to set up the right institutional framework for the development of the Company, such as the Corporate Charter, internal policies and procedures, code of ethics and anticorruption policy as well as helped draft the state ownership policy and long term strategy for UZ for the Government’s approval.