Ukraine Appoints New Supervisory Board for State Energy Giant Naftogaz.

New supervisory board of Naftogaz
New supervisory board of Naftogaz

Cabinet of Ministers Names New Naftogaz Supervisors

According to Novyny.live: On March 2, Prime Minister Yulia Svyrydenko announced the Ukrainian Cabinet of Ministers' appointment of a new six-member supervisory board for the National Joint Stock Company 'Naftogaz of Ukraine'. The decision, based on a submission from a nominating committee, includes several international energy experts. This move is part of a broader government effort to reform Ukraine's critical energy sector, which has faced significant challenges due to the ongoing war.

The newly appointed members of the Naftogaz supervisory board are:

  • Robert Slesinski
  • Erik Rasmussen
  • Duncan Nightingale
  • Tor Martin Anfinnsen
  • Anna Artemenko
  • Kostiantyn Marievych

Experts Slesinski, Rasmussen, Nightingale, and Anfinnsen bring extensive international experience in the energy sector, which is expected to strengthen the company's strategic capabilities during a period of profound energy crisis.

Wider Reform of State Energy Company Boards

The process of overhauling supervisory boards in the energy sector began last November. This initiative was a direct response to a high-profile corruption case investigated by the National Anti-Corruption Bureau of Ukraine (NABU), which highlighted the need for leadership changes. The government is also finalizing new supervisory boards for other major state energy companies, including 'Centrenergo', 'Ukrainianski Rozpodilni Merezhі', 'Ukrenergo', 'Ukrhydroenergo', and the 'Gas Transmission System Operator of Ukraine'.

These steps underscore the government's commitment to improving governance efficiency and ensuring greater transparency within the energy sector.

The appointment of Naftogaz's new board is a key element of a wider reform agenda aimed at combating corruption and increasing transparency. The inclusion of international experts is intended to help implement modern corporate governance standards and enhance strategic planning, particularly regarding energy security challenges. This alignment with international best practices also signals Ukraine's intent to further integrate with European energy structures and bolster its competitiveness in global energy markets.


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