In the Official Gazette with the number 668 of 20 July 2023 was published the Law no.233 of 19 July 2023 for the approval of OUG no.132/2022 on the modification and completion of some normative acts.
Government Emergency Ordinance no.132 of 29 September 2022 on the modification and completion of some normative acts, published in the Official Gazette of Romania, Part I, no. 957 of 30 September 2022, is approved with the following amendments:
By derogation from the provisions of Government Emergency Ordinance no. 109/2011 on corporate governance of public enterprises, approved with amendments and additions by Law no. 111/2016, with subsequent amendments and additions, EXIMBANK – S.A. is managed by a Board of Directors appointed by the General Meeting of Shareholders, consisting of 9 members, of which 5 non-executive directors and 4 executive directors, respectively the Executive Chairman of the Bank and 3 Executive Vice Chairmen. The Chairman of the Board of Directors is appointed by the ordinary general meeting of shareholders from among the non-executive members. The structure and composition of the board of directors, namely the selection procedure, the remuneration of the executive chairman, the executive vice-chairmen and the non-executive directors shall be regulated by a Government decision on the proposal of the Ministry of Finance, in compliance with the provisions of the specific banking legislation.