The Company is managed by the founder, the Government of the Federation of Bosnia and Herzegovina through the Company’s bodies, which include the Assembly, the Supervisory Board, the Audit Committee and the Management Board.
The Decree on the Exercise of Authority in Companies with the Participation of State Capital from the Jurisdiction of the Federation of Bosnia and Herzegovina (“Official Gazzete FBiH” No. 44/15, 69/17) regulates the participation in the work and decision-making of the assembly of the company.
The right to participate in the work and decision-making of the assembly of business companies with the participation of state capital from the jurisdiction of the Federation is exercised by the Government of the Federation of Bosnia and Herzegovina through a proxy.
The President and members of the Supervisory Board are appointed and dismissed by the Assembly of the Company, in accordance with the Law on Ministerial, Governmental and other Appointments of the Federation of Bosnia and Herzegovina, the Law on Conflict of Interests in Authorities in the Federation of Bosnia and Herzegovina and other applicable implementing regulations. The Supervisory Board consists of five members – the president and four members.
An Audit Committee is formed in the Company, which is appointed and dismissed by the Assembly of the Company and which is directly responsible to the Assembly of the Company. The Audit Committee has 3 (three) members. The Supervisory Board proposes to the Assembly the composition of the Audit Committee, after the selection of candidates by majority vote based on a public competition.
At the 53rd session of the Assembly of the Company, held on 12 July 2021, a Decision was made on the appointment of members of the Audit Committee of BH-Gas d.o.o. Sarajevo, for a period of four years:
|N#||NAME AND SURNAME||POSITION|
|2||Irfan Ljubunčić||Acting Member|
The Management Board organizes the work and manages the business and represents the Company and is responsible for the legality of the business. The Management Board consists of a Director and an Executive Director. The work of the Management Board is managed by the Director of the Company, who in a business sense is responsible for his work and the work of the Company to the Supervisory Board. The Management Board is appointed by the Supervisory Board by a majority of votes on the basis of a public competition, in accordance with legal regulations, from the list of candidates who, in terms of managerial knowledge and experience, are the best fit for the execution of the operational and business needs of the Company.