Corporate governance
Corporate governance in the Bank regulates the relationships between the management body (Management Board), the supervisory body (Supervisory Board), the shareholders and the stakeholders of the company, and other interest groups. It also provides the internal structure through which the objectives of the company are supported and the means of attaining those objectives and monitoring performance are provided. The corporate governance framework in the NLB is defined with a combination of legislation, regulations, codes and good practice recommendations
MoreThe Articles of Association of Nova Ljubljanska banka d.d., Ljubljana (Articles of Association) lay down a two-tier governance system, according to which the Bank is managed by the Management Board and its operations are supervised by the Supervisory Board. The shareholders of the Bank shall exercise their rights relating to the Bank`s affairs at general meetings of the Bank.
MoreConflict of interest: The conflict of interest exists when a person's impartial and objective performance of duties or decision-making, exclusively in the interest of the company within the office of an individual person, is jeopardised because personal business interests or interests of family members or a special disposition or any other interests related to other legal persons are involved.
MoreThe Supervisory Board appoints committees that prepare proposals for resolutions of the Supervisory Board, take care of their implementation and perform other professional tasks. The employee representative in the committees of the Supervisory Board is appointed by the Bank's Workers' Council.
MoreIn accordance with the Articles of Association of NLB d.d., the shareholders exercise their rights in relation to the Bank's affairs at the Bank's General Meeting. The General Meeting is convened by the Management Board of the Bank. The General Meeting may be convened by the Supervisory Board, in particular in cases where the Management Board fails to convene the General Meeting on time or when a convocation of the General Meeting is necessary to ensure unhindered operations of the Bank. The General Meeting must be convened in cases laid down by law and held at least as the Annual General Meeting or as may be necessary for the benefit of the Bank.
MoreThe Bank provides explanations on internal management, organizational structure of the bank, policy of selection of members of the Management Board (Management Board and Supervisory Board) and remuneration policy (Remuneration policy of NLB Supervisory Board members and NLB Management Board members and NLB d.d. and NLB Group employees policy)
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