Vitrenko was appointed as the Head of the Supervisory Board of Ukrnafta

The Executive Director of Naftogaz of Ukraine Yuriy Vitrenko was elected as the Head of the Supervisory Board of PJSC Ukrnafta.

According to the message of the oil company, its Supervisory Board adopted the corresponding decision at the meeting on April 11, 2019.

Shareholders of "Ukrnafta" at a meeting on March 28 accused the composition of the Supervisory Board of the company. The Supervisory Board members from NJSC was re-elected: the Executive Director Yuriy Vitrenko, the Director of legal issues Yaroslav Teklyuka and the Director of the Department of property and corporate relations Polina Zahnitko.

Instead of Andriy Kobolyev, Serhiy Konovets and Kostyantyn Pozhidaev from Naftogaz, the Supervisory Board included Elena Makeeva, former Deputy Finance Minister, Andriy Boytsun, a member of the Strategic Advisory Group on Reform Support in Ukraine, and Oleh Mozhovyi, the former Head of the National Securities and Stock Market Commission, as independent members of the Board.

Minority shareholders (Privat Group) reelected Uriel Tzvi Leiber as a member of the Supervisory Board included Yana Manuilova to its composition. At their suggestion, Mykolai Pochapsky, CEO of On-Line Capital investment company, Andriy Protsyk who was previously part of the Zaporizhzhia Ferroalloy Plant’s Supervisory Board and the former Head of the Union of Geologists of Ukraine Pavlo Zahorodnyuk, became three other independent members of the Supervisory Board.

NJSC Naftogaz of Ukraine owns 50% + 1 share of Ukrnafta, another 42% are owned by companies of the Privat group of Ihor Kolomoyskyi and his partners. Since February 2003, Privat has been carrying out operational control over Ukrnafta.

It was reported earlier that on March 28, Ukrnafta approved a new composition of the Supervisory Board, which included 6 independent members and 5 members representing the interests of shareholders.

Source: interfax


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Tags: Naftogaz, contracts, oil, Kobolyev, Top management, Ukrnafta

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