Members newly appointed by the CMU decision include Mavriky Kalugin, Olena Boichenko, Roman Chumak, and Vladyslav Volovyk. The new Executive Board of Naftogaz consists of experienced industry experts with Ukrainian and international experience.
Now, the board membership is balanced in terms of industry specialization, as well as both national and international background. Notably, for the first time in the Naftogaz history, one of the board members is an actual oil and gas professional with the international industry-specific education and operational experience, both in Ukraine and in other countries.
These new board members have been appointed to hold office until a new professional Supervisory Board of Naftogaz selected though an open competition, appoints a new Executive Board as required by the OECD procedures.
As for the preceding board membership, the Naftogaz Supervisory Board terminated the powers of Otto Waterlander and Peter Van Driel at its meeting on 20 September 2021. This decision was made, notably, without any submissions by the company’s CEO or duly executed resignation letters filed by Otto Waterlander and Peter Van Driel. The powers of Sergii Pereloma and Yaroslav Teklyuk as board members were terminated by the Cabinet of Ministers of Ukraine based on the Naftogaz CEO’s submission.
Mavriky Kalugin has 20 years of experience in the oil and gas sector and vast expertise in managing upstream and service companies, greenfield development, and production optimization. He held senior positions for Petrofac, Cairn India, BP, TNK-BP, and Arco Oil&Gas. Before joining Naftogaz, Mavriky Kalugin over the past five years worked for Ukrnafta JSC as upstream advisor to the chair of the supervisory board, deputy chair of the executive board, and executive vice president for production and refining. Thanks to his new approach, Ukrnafta has managed to stabilize production of hydrocarbons despite a tight investment programme. Before joining Naftogaz, Mavriky Kalugin over the past five years worked for Ukrnafta JSC as upstream advisor to the chair of the supervisory board, deputy chair of the executive board, and executive vice president for production and refining. Thanks to his new approach, Ukrnafta has managed to stabilize production of hydrocarbons despite a tight investment programme. During 2019, when Yuriy Vitrenko headed the supervisory board of PJSC Ukrnafta, the company had significantly increased its oil and natural gas production.
Mr Kalugin graduated as an engineer in the field of chemistry, including oil and gas production, from the University of Idaho. He is a US citizen.
Ms Boichenko is HR and social policy director of Naftogaz of Ukraine NJSC. She has 16 years of experience in HR. Before joining Naftogaz, Olena was Human Capital Advisory Services director at Deloitte Ukraine and consulted international and Ukrainian companies operating in various industries. Working for the Big Four, she implemented a number of wide-ranging projects to transform HR functions.
Olena Boichenko has a master’s degree in economics from the National University of Kyiv-Mohyla Academy.
She is going to be the first female member of the Naftogaz Executive Board over the last 15 years, and the second one over the board’s entire history.
Roman Chumak has been working at Naftogaz of Ukraine NJSC for nearly twenty years, and now holds the office as Chief Treasury Officer and Head of Treasury Department.
He has successful experience building relations for Naftogaz as the country’s largest company with banks and other financial institutions, and handling major financial tasks. Mr. Chumak has a higher education degree from Kyiv National University of Trade and Economics.
Vladyslav is a professional lawyer. He served as an advisor to the CEO of Naftogaz of Ukraine NJSC. Earlier, Mr. Volovyk worked as a deputy director at the Naftogaz’ subsidiary, Gaz Ukraiiny, chaired the Naftogaz branch office, Centre for Metrology and Gas Distribution Systems, and was also engaged in research and teaching activities in the law field.
Mr. Volovyk has an MA degree from Kyiv University of Law of the National Academy of Sciences of Ukraine and a PhD in Law.