Simplification of Aktia Bank plc’s governance st
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Helsinki, Finland, 2017-09-22 09:00 CEST (GLOBE NEWSWIRE) --
Aktia Bank plc Investor News 22/09/2017 at 10.00 am
Simplification of Aktia Bank plc’s governance structure completed
As a step towards simplification of the company’s governance structure, the Extraordinary General Meeting of Aktia Bank plc did on 21 September 2017 take the decision to amend the bank’s articles of association in order to abolish the Board of Supervisors as well as to appoint a Nomination Board comprising representatives of the five largest shareholders to prepare the election of members of the Board of Directors.
Aktia Bank plc’s amended articles of association have been entered into the Finnish Trade Register today, and the Board of Supervisors is thereby abolished.
Abolishing the Board of Supervisors simplifies the bank’s governance structure, increases transparency in the administration and generates cost savings.
AKTIA BANK PLC
For more information, please contact:
Mia Bengts, Corporate Counsel, tel. +358 10 247 6348
Distribution: NASDAQ Helsinki Ltd mass media www.aktia.com
Aktia provides a broad range of products and services within banking, insurance and real estate agency. Aktia operates mainly in coastal areas and inland growth areas. Aktia has about 380,000 customers who are served by approximately 1,000 employees at 45 branch offices and via Internet and telephone services. Aktia's shares (AKTAV, AKTRV) are listed on the list of Nasdaq Helsinki Ltd. For more information about Aktia, see www.aktia.com .
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