New Supervisory Board Approved for Energoatom
In a significant move to reform the state-owned nuclear power company, the Ukrainian Cabinet of Ministers has approved a new seven-member supervisory board for Energoatom (National Atomic Energy Company of Ukraine). The board includes independent experts selected through a competitive process involving independent representatives from the European Union, the European Bank for Reconstruction and Development, the International Finance Corporation, and the Business Ombudsman. This reform is part of a broader push to align Ukraine's energy sector with European governance standards.
- Rumina Velshi
- Laura Garbenčiūtė-Bakienė
- Patrick Fragman
- Brice Bouillon
The state will be represented on the board by:
- Vitaliy Kindrativ, Deputy Minister of Economy
- Sergiy Sukhomlyn, Head of the State Agency for Restoration and Infrastructure Development
- Maksym Malashkin, State Secretary of the Ministry of Energy
Corruption Charges Filed in Energy Sector
Simultaneously, on November 10, 2025, Ukraine's National Anti-Corruption Bureau (NABU) announced it had served notices of suspicion to seven individuals in a case involving alleged corruption schemes in the energy sector. The energy sector has long been a focus for anti-corruption efforts in Ukraine, given its strategic importance and history of opaque dealings.
- Timur Mindich
- Ihor Myroniuk (Roket)
- Dmytro Basov (Tenor)
NABU also identified individuals from an alleged money-laundering 'back office':
- Oleksandr Zuckerman (Sugarman)
- Ihor Fursenko (Ryoshik)
- Lesia Ustymenko
- Lyudmyla Zorina
Timur Mindich and Oleksandr Zuckerman have been under sanctions in Ukraine since November 13. Both suspects fled Ukrainian territory before the notices of suspicion were issued. The High Anti-Corruption Court has extended the pre-trial investigation period in the Energoatom corruption case, underscoring the complexity and gravity of the allegations.
The approval of the new Energoatom supervisory board represents the Ukrainian government's efforts to enhance transparency and improve management at state-owned enterprises. Conversely, the corruption charges highlight persistent risks within the sector that demand urgent action and continued reform. These parallel developments illustrate the ongoing struggle to strengthen anti-corruption mechanisms and ensure accountability among state company leadership, which is crucial for restoring trust in Ukraine's energy system.