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The head of Naftogaz discussed with the IMF mission the reform of corporate governance

Photo: Naftogaz

During the meeting with the mission of the International Monetary Fund, the situation on the gas market in Ukraine was also discussed.

Head of the NAC Naftogaz of Ukraine Alexey Chernyshov at the IMF mission discussed the implementation of corporate governance reform in Naftogaz, according to the company’s press service on Thursday, February 16.

During the negotiations, Chernyshev also spoke about the appointment of the company’s supervisory board.

“I know that in order to restore confidence and attract investment, it is necessary to return to good corporate governance practices based on OECD principles,” he said.

According to the head of the NAC board, the election of a new supervisory board is an important first step in this direction.

“Yesterday, we had another meeting with members of the Supervisory Board. We discussed where Naftogaz is today, as well as the main challenges we need to overcome,” Chernyshev said.

During the meeting with the IMF mission, they also discussed the situation on the gas market in Ukraine and issues of paying for the difference in tariffs and providing the necessary amount of fuel for the next heating season..

It will be remembered that on January 24, the Cabinet of Ministers appointed the members of the Supervisory Board of Naftogaz. Among them – two from the state, four – independent.

The appointment of the Supervisory Board of Naftogaz until the end of January is one of the five “beacons” of the IMF monitoring program, as well as one of the conditions for Ukraine to receive 18 billion euros from the EU in 2023.

New Head of Naftogaz Supervisory Board Appointed

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Source: korrespondent

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