Yulia Svyrydenko: To restore trust in Energoatom, the supervisory board selection must follow a full, open and competitive process

Following consultations with international partners, it was agreed that restoring trust in Energoatom requires holding the supervisory board selection through a full, open, and competitive process – not a shortened one – fully aligned with OECD standards for all of Ukraine’s strategic state-owned enterprises.

This was announced by Prime Minister of Ukraine Yulia Svyrydenko.

According to her, these recommendations were outlined in a letter from the heads of the G7 diplomatic missions to the Government.

“We appreciate our partners’ engagement and share their view that resetting corporate governance demands a careful, responsible approach. The competition and final appointments must be completed by the end of this year, and the Government will ensure all the necessary conditions are in place,” the Prime Minister said.

While the competition is underway, the Government will temporarily carry out the functions of Energoatom’s Supervisory Board, working closely with partners and involving the Nomination Committee in all key management decisions.

“These steps are part of the Government’s broader plan to reset governance across state-owned enterprises, especially in the energy sector,” Yulia Svyrydenko stressed.