The Supervisory Nominating Committee was established in accordance with the Assets Law, and it serves as a general assembly for Company shareholders. The chairman is appointed by the Minister of Justice and the rest of the members by the chairman, with the approval of the Minister and the Forum of Holocaust Survivors Organizations.
The Supervisory Nominating Committee appoints the Company's Board of Directors
and the members of the Internal Review Committee. It also approves the nomination of the Company Chairman and the Managing Director, and approves the Company budget.