Down Sejm MPs' bill was received Poland 2050 amending certain acts for the purpose of repair corporate governance in companies with shares State Treasury. It concerns raising qualification requirements and tightening exclusion criteria for candidates for supervisory boards of companies with State Treasury participation.
Full depoliticization of the Supervisory Board?
Polish 2050 MPs explained the assumptions of their project at a press conference in the Sejm. Representative of the applicants Michael Kobosko informed that “the project concerns the shape and creation of State Treasury companies.” “In our project, we maintain the idea of reducing the number of members of the supervisory boards of State Treasury companies to a maximum of 7 people, including 3 independent members,” he added.
He explained that “independent members will be appointed by the new institution: Good Governance Committee. “We exclude from supervisory boards members of political parties, people who have held public offices in the last 5 years and those who worked or provided services to political parties,” he said.
“The Good Management Committee in our project will be appointed for a 5-year term of office. Candidates will be able to be nominated by trade unions, employers' organizations and rectors of universities,” he explained. He added that “a positive opinion of the Good Governance Committee will be required for all nominations of State Treasury representatives to the supervisory boards of companies.”
Kobosko said that according to the proposed regulations, “the committee will also appoint independent members on the boards of single-member State Treasury companies and will approve the regulations of qualification proceedings for management boards of companies with State Treasury participation.”
Full disclosure?
“Secondly, we are closing the existing gates to combining employment in high positions in central or local government administration with sitting on supervisory boards of companies with State Treasury shareholding,” he added.
The proposed regulations also assume, as Kobosko said, “the introduction of full transparency of remuneration of members of supervisory boards and management boards of companies with State Treasury participation.” He informed that “these salaries will be published monthly in a publicly accessible register.” “We want to prohibit parties and electoral committees from accepting payments from people who hold positions on supervisory boards and management boards of companies with State Treasury shareholding,” he emphasized.
The justification states that the aim of the project is to ensure professionalism and expertise in the management of public assets. To this end, the project focuses in particular on raising qualification requirements and tightening exclusion criteria for candidates for supervisory boards of companies with State Treasury participation. (PAP)
Author: Olga Łozińska
