Worker-director at BOV should be retained

Press Release: 24/11/08
Stqarrija Stampa: 24/11/08
(Verzjonijiet bl-Ingliz u bil-Malti)

 

 

Zminijietna - Voice of the Left
14/8 Vincenti Buildings, Strait Street, Valletta VLT1432, Malta
zminijietna@yahoo.com
www.zminijietna.org
Tel. / Fax: +00356 21223537

Worker-director at BOV should be retained

Zminijietna - Voice of the Left criticised Government’s decision to abolish the post of Worker-Director at Bank of Valletta. Zminijietna asked whether this is in any way related to the possibility of privatising the remaining State shares in BOV. Government carried out similar moves in the past when privatising State entities.

Zminijietna - Voice of the Left said that the selection of the person occupying this position should be made following a consultation process with the employees. This was the practice at BOV where the shareholder (the government) is given a list of 3 names, namely the 3 persons who got the most votes in the election for worker-director held at the Bank. The terms of reference of the responsibilities of the worker-director should be defined, so that his functions are clearly delineated and that consequently he does not involve himself in trade union matters, but works for more transparency, accountability and improvement for all stakeholders within the company.

Zminijietna reminded that European Countries such as Germany, Sweden, Denmark and Finland support the position of a worker-director.

David Pisani
Public Relations Officer
Zminijietna - Voice of the Left
Mob 79436914

Id-Direttur Haddiem fil-BOV ghandu jinzamm
Zminijietna - Lehen ix-Xellug kritikat lill-Gvern ghad-decizzjoni li jabolixxi il-post ta’ direttur haddiem gewwa l-BOV. Zminijietna saqsiet jekk dan huwiex relatat mal-possibilita’ li l-Gvern jipprivatizza l-ishma li fadallu fil-bank. Il-Gvern kien ghamel mossi simili fil-passat f’azjendi li gew ipprivatizzati.
Zminijietna - Lehen ix-Xellug qalet li selezjoni ta’ persuna li tokkupa din il-kariga ghnadha tkun wara process konsultattiv ma’ l-haddiema infushom. Din kienet il-prattika utilizzata gewwa l-BOV fejn il-Gvern ‘shareholder’ kien jinghata l-ismijiet ta’ l-aktar tlett ismijiet li gabu voti ghal direttur haddiem, f’elezzjoni mtellgha gewwa l-Bank stess. Il-kodici ta’ gwida ghal direttur haddiem ghandhom jigu mfassla, sabiex il-funzjonijiet tieghu ikunu iccarati sabiex ma’ jinvolviex ruhu fi kwistjonijiet trejdjunjonistici, imma jahdem ghal aktar trasparenza, akkontabilita u avvanzi ghal gid ta’ ‘stakeholders’ kollha fil-kumpanija.
 Zminijietna - Lehen ix-Xellug sahqet li hafna pajjizi Ewropej fosthom il-Germanja, l-iSvezja, id-Danimarka u l-Finlandja qed jippromwovu l-kariga ta’ direttur-haddiem. 

David Pisani
Ufficjal Relazzjonijiet Pubblici
Zminijietna – Lehen ix-Xellug
Mob 79436914

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