Supervisory board

On 13 December 2017, the Cabinet of Ministers of Ukraine approved a new composition of Naftogaz supervisory board appointing six new directors.
The following independent directors have joined the board: Clare Spottiswoode (Great Britain), Bruno Lescoeur (France) and Amos Hochstein (U.S.).

The decision on early termination of supervisory board members Popyk Sergii Dmytrovych, Kudrytskyi Volodymyr Dmytrovych and Demchyshyn Volodymyr Vasylyovych as government appointees was adopted by Ordinance of the Cabinet of Ministers of Ukraine dated 11 September 2019 # 793-р. In addition, Kovaliv Yulia Ihorivna and Boyko Nataliya Andryyivna were elected on 12 September 2019 as government appointees.

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Clare Spottiswoode
Chairperson of the supervisory board
Before joining Naftogaz supervisory board, Clare Spottiswoode was the Chairman of Gas Strategies and continues to be a director of the company. Clare has a formidable track record in the gas sector and was the Director General of Ofgas (the predecessor gas-focused regulatory body to Ofgem) between 1993 and 1998 at the time of driving through the breakup of British Gas and the liberalization of the gas market in Great Britain.
Over the past 20 years, she has a significant international track record as NED of both listed and unlisted entities. She has also acted as an economist at HM Treasury, the United Kingdom’s economic and finance ministry responsible for formulating and implementing the government’s financial and economic policy, lectured at London Business School, and set up and managed private business interests.
Clare Spottiswoode holds a Master of Philosophy degree in Economics from Yale University and a Master of Arts degree in Mathematics and Economics from Cambridge University. Clare’s qualifications as board member include her significant executive management, regulatory, corporate governance and board level experience in oil and gas related industries.
She also has strong relationships with influential government, academic and industry leaders.
Declaration of independence

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Yuliya Kovaliv
Deputy chairperson of the supervisory board
Yuliya Kovaliv has almost ten years of experience in executive positions in the energy sector and public administration.
Before joining Office of the President, Mrs. Kovaliv held the position of the Head of the Office of the National Investment Council of Ukraine (2017-2019).
She also served as the First Deputy Minister of Economic Development and Trade and was responsible for reforming state enterprises as well as for investment policies (2015-2016).
Mrs. Kovaliv served a member of the National Regulatory Commission for Energy and Utilities (2014) and as a Chairperson of the Supervisory Board of NJSC «Naftogaz of Ukraine» (2016-2017).

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Bruno Lescoeur
Member of the supervisory board
Bruno Lescoeur has occupied among the highest functions in the French energy sector including the responsibility for nuclear operations of Electricite de France (EDF) and the responsibility of all international activities of EDF.
A former member of EDF’ Executive Committee (one of the largest global energy companies), he has a very extensive experience in the gas sector: he supervised gas activities of the group and was the CEO of the Italian group EDISON, the oil and gas subsidiary of EDF.
He has therefore been involved in some of the largest deals and projects in the electricity and gas sector in Europe over the last two decades, making a huge contribution to the strategic transformation and internationalisation of EDF’s activities.
He has an extremely deep understanding of key issues governing energy sector transformation in Europe: unbundling, climate commitments, etc.
Declaration of independence

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Amos Hochstein
Member of the supervisory board
Besides Naftogaz, Amos holds the position of SVP Marketing at Tellurian (US). Before that, he served as the US Special Envoy for International Energy Affairs and led the US Department of State’s Bureau of Energy Resources. As the US “Energy Diplomat,” Amos Hochstein oversaw global US energy foreign policy engagement and advised the Secretary of State and the Vice President of the US on global energy markets.
As Special Envoy, Amos Hochstein led the engagement to strengthen Europe’s energy security through diversification of natural gas resources; authored the White House Caribbean Energy Security Initiative; chaired the President’s US - Caribbean and US - Central American Energy Security Task Force; led US efforts to promote global fuel switching to natural gas and develop stronger natural gas markets throughout Asia and South Asia. Working closely with the Department of Defense, Mr. Hochstein led the US efforts to diminish ISIL and other terrorist groups’ profits from energy assets. Prior to serving in the State Department, Mr. Hochstein served in a variety of senior level positions on Capitol Hill and advised energy companies entering and developing new markets.
Declaration of independence

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Ludo Van der Heyden
Member of the supervisory board
Ludo Van der Heyden is the founding Director of INSEAD’s Corporate Governance Initiative and is co-Director of the International Directors Programme and the Modern Governance in Banking. He lectures on governance, leadership, team dynamics, fairness in business and society, and innovation.
Before joining INSEAD, Ludo was on the faculty of Yale University (1980-1988) and of Harvard University (1978-80). He holds an Engineering Degree in Applied Mathematics from the Université Catholique de Louvain and a Ph.D. Degree from Yale University. Ludo has been co-Dean of INSEAD (1990-1995) and Director of the INSEAD Zentrum Leipzig (1994-1999).
He is Chairman of the Board of Seisquare, a software company for estimating natural resource reserves, and a member of the Advisory Board of Bencis Capital Partners.
He was appointed Independent Director in the Supervisory Board of Naftogaz of Ukraine in May 2019.
Declaration of independence

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Nataliya Boyko
Member of the supervisory board
Prior to her appointment as a Naftogaz supervisory board member, Nataliya Boyko was the Deputy Minister of Energy and Coal Industry of Ukraine for European Integration. She coordinated projects aimed at harmonization of Ukrainian energy legislation with EU legislation and maintained liaison with international financial organizations and other stakeholders. Nataliya also worked as a legal and energy consultant in both private and public sectors. Besides Naftogaz supervisory board, Nataliya Boyko is the member of the UNECE Committee on Sustainable Energy.

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Yulia Andrusiv
Corporate secretary

Yulia Andrusiv facilitates activities of the supervisory board and its committees, coordinates the company’s governing bodies and maintains liaison of the supervisory board with the shareholder and other stakeholders.
She has more than 13-year experience of legal practice with Baker McKenzie international legal firm (Chicago and Kyiv offices) and as chief legal officer at Lafarge, British American Tobacco and other international companies.
Yulia studied law at the Ivan Franko Lviv National University and John Marshall Law School (Chicago, USA) and business at London Business School (London, UK).
She is a licensed attorney in both Ukraine and the State of New York (USA).