Bodies of the association

Managing board is the statutory body of PETALON GROUP. Its role is to manage the activities of the association and to act on behalf of it. Managing board takes decisions related to all matters of PETALON GROUP, unless these are not a subject of General meeting or Control commission. Managing board always contains odd number of members (minimum three), who are physical entities, and who are elected from members statutory bodies or from members' nominee employees. Members of the Managing board vote the Chairman and Deputy Chairman of the Managing board.

Managing board announces, prepares and organizes the General meeting of PETALON GROUP, is responsible for executing the decisions of the group's General meeting, decides on acceptance or exclusion of members, establishes Working commissions, prepares reports on business and financial results of the association, ensures about proper accounting management of the association, etc.