Ukraine Appoints New Supervisory Board for State Energy Giant Naftogaz

Naftogaz of Ukraine Welcomes New Supervisory Board

According to Главком: The Ukrainian government has appointed a new supervisory board for the National Joint Stock Company 'Naftogaz of Ukraine'. This six-member board includes four independent international experts and two state representatives. The selection process was conducted by a nominations committee, following a competition for board positions that was announced in November 2025. The new board's formation was anticipated by January 20, 2026. This move is part of a broader push to align Ukraine's state-owned enterprises with international governance standards, a key priority for international partners.

Composition of the Supervisory Board

The supervisory board of Naftogaz of Ukraine comprises four independent international members:

• Robert Szlesinski (Poland)
• Erik Rasmussen (Denmark)
• Duncan Nightingale (Canada)
• Tor Martin Anfinnsen (Norway)

The state representatives on the board are Anna Artemenko and Kostiantyn Marievych.

This appointment coincides with the ongoing renewal of supervisory boards across other state-owned energy companies. As Yuliia Svyrydenko noted,

"We are simultaneously finalizing the renewal of supervisory boards for the entire energy sector – 'Centrenergo', 'Ukrainian Distribution Networks', 'Ukrenergo', 'Ukrhydroenergo', 'Gas Transmission System Operator of Ukraine', and others."

Furthermore, as part of these structural changes in the sector, Yuriy Tkachuk has been appointed as the General Director of JSC 'Ukrgasvydobuvannya'. The company's staff was introduced to their new leader on December 26, 2025, by Naftogaz head Serhii Koretskyi. These steps signal an intensification of reforms within Ukraine's energy sector and a drive to enhance the management efficiency of state-owned companies.

The overhaul of supervisory boards in Ukraine's energy sector forms a key component of a wider reform strategy aimed at improving governance and transparency in state enterprises. The inclusion of international experts is intended to elevate management standards and implement global best practices. These changes are poised to significantly impact the development of Ukraine's energy market, particularly as the country seeks deeper integration with European structures and works to bolster its energy security.