Notice to Shareholders: Call for Nomination of Candidates for the Board of Directors
Tsehay BankAmharic notice issued by Tsehay Bank S.C.'s Board of Directors Nomination Committee — elected at the Bank's 1st Ordinary General Meeting of Shareholders — inviting shareholders to nominate candidates for the Board of Directors. Nominations were accepted only between Sene 22, 2015 E.C. (29 June 2023) and Meskerem 22, 2016 E.C. (3 October 2023), 12:00 (local) on the closing day. The notice sets out fifteen eligibility criteria drawn from National Bank of Ethiopia Directives SBB/71/2019 and SBB/79/2021 — among them that a candidate must be a shareholder of the Bank, willing to serve, not a director of another financial institution, not an employee of any bank, aged 30 or over, not a member of the nomination committee, and hold at least a first degree or equivalent from a recognised institution — together with clean records on fraud, breach of trust, false accounts, bankruptcy, defaulted bank loans, dishonoured cheques and tax offences. It states that at most 24 candidates may be nominated, of whom 8 are nominated only by shareholders holding under 2% of subscribed shares and the remaining 16 by all shareholders, and explains where to obtain and lodge the nomination form. The notice carries no printed date of issue; the published date is the PDF creation date of 29 June 2023, which is also the day the nomination window opened.
- Institution
- Tsehay Bank
- Type
- regulatory-filing
- Fiscal year
- 2015EC
- Published
- Language
- አማርኛ
- Pages
- 3
- File size
- 78 KB
- Source checked