The Cabinet of Ministers of Ukraine has decided to implement a plan for renewing the composition of supervisory boards and executive bodies in the fuel and energy sector. Prime Minister Yulia Svyrydenko announced this on November 17.
The primary goal is to refresh management structures by forming new supervisory boards for all state companies in the energy sector, including:
- NAEK "Energoatom": establishment of a new supervisory board;
- NAK "Naftogaz": conducting a competition for the supervisory board and forming executive bodies of the Naftogaz Group (JSC "Ukrgasvydobuvannya", JSC "Ukrnafta", LLC "Gas Distribution Networks of Ukraine");
- PrJSC "Ukrhydroenergo": appointing a state representative to the supervisory board and holding a competition for the position of head of the executive body;
- LLC "Gas Transmission System Operator of Ukraine": updating the state representative in the supervisory board and completing the competition for the head of the executive body;
- NEC "Ukrenergo": updating the state representative in the supervisory board;
- JSC "Centrenergo", JSC "Energy Company of Ukraine", JSC "Ukrainian Distribution Networks", JSC "Regional Electric Grids", Dniester Hydropower Plant, Kremenchug CHP — forming new supervisory boards;
- State Enterprise "Guaranteed Buyer": transforming from a state enterprise into a joint-stock company and forming a new supervisory board;
- Updating charters and regulations of supervisory boards in accordance with international corporate governance standards.
"The main task of this week is to approve a new supervisory board for Energoatom," Svyrydenko emphasized.
