Kiev, 7 August – BANK FORUM (PJSC) has held its regular General Shareholders Meeting that resulted in changes to the Supervisory Board of the Bank. By the shareholders’ decision, Aleksandr Morozov was elected a member of the Supervisory Board of Bank Forum. At the same time, the authority of Mikhail Zavylov as a Supervisory Board member was terminated.

Aleksandr Morozov has many years' record of holding leading positions in the financial sector, including those of the Chairman of the Supervisory Board (Oranta NJSIC), the Chairman of the Management Board (Oschadbank, Ukrgazbank, Brokbusinessbank). He was educated as economist.

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Smart-Holding is one of the largest investment groups in Ukraine with focus on key industries of the economy, including metals and mining, oil and gas, banking, shipbuilding, real estate and agriculture.

Smart-Holding’s strategy is aimed at efficient management of a diversified portfolio of the Group’s assets by increasing its value in the long run and by searching for new business development directions. Smart-Holding participates in the projects as a strategic and portfolio investor.

BANK FORUM PJSC has been operating on the Ukrainian market since 1994 and belongs to the second bank group according to the classification of the National Bank of Ukraine. The principal shareholder of BANK FORUM is YERNAMIO CONSULTING LTD, holding 98.68% of the authorized capital of the Bank. The Bank's assets as of 01 July 2013 amounted to UAH 10.321 billion, its credit portfolio - UAH 7.695 billion.

For additional information, please visit: www.smart-holding.com