The Representative Assembly is elected from among owner-customers. We want as many members as possible to be as candidates. All owner-customers elect the Representative Assembly. The election is based on a one-member and one-vote principle. The candidates who have got the most votes will be elected representatives. The Representative Assembly is elected for a term of four years.
The election is usually held in the autumn. First, owner-customers stand as candidates. Each candidate needs three other owner-customers as his/her supporter. The candidate acquisition takes four weeks.
Once candidacy registration has expired, the OP cooperative bank’s election committee confirms the candidates. Then it is the time for the elections. The election period takes two weeks, usually in early November. The members elect will then be made public after that.