The supervisory board/supervisor branch is one of the three major branches (along with the shareholders and board of directors) maintaining the corporate governance of a Foreign Invested Commercial Enterprise (FICE).
Each branch is given certain powers over the others, ensuring there is an effective balance of power. No director or senior manager may work concurrently as a supervisor.
A supervisor could be:
• a representative appointed at a shareholders meeting
• a representative who is democratically elected by the employees of the FICE or
• an independent supervisor belonging to a third party.
To read more about supervisroy services please click here.