'Clearing up the mess' — Ukraine's oil and gas giant gets new supervisory board
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The new board comes amid a renewed push to reform Ukraine’s state-owned enterprises, which dominate the energy, banking, and infrastructure sectors.
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Business 'Clearing up the mess' — Ukraine's oil and gas giant gets new supervisory board March 2, 2026 8:01 pm • 3 min read by Dominic Culverwell After more than a month-long delay, Ukraine’s government on March 2 appointed a new supervisory board for state-owned oil and gas giant Naftogaz, replacing a controversial ex-official recently charged with embezzling millions of dollars. The new independent board members hail from Poland, Denmark, Canada, and Norway and bring decades of experience in the energy industry. Now, Robert Slesinski, Erik Rasmussen, Duncan Nightingale, and Tor Martin Anfinnsen will observe the management of the multi-billion-dollar company. Deputy Economy Minister Anna Artemenko was appointed as the new state representative on the board, replacing Rostyslav Shurma, a former aide to President Volodymyr Zelensky, who was fired in December. The board appears "decent," Tetiana Shevchuk, a lawyer with the Anti-Corruption Action Center watchdog, told the Kyiv Independent. Become a member – go ad‑free "It’s a small step toward clearing up the mess in the energy sector . A stable supervisory board guarantees foreign creditors that the company is functioning and that people with good reputations are managing it," Shevchuk added. However, she noted that the appointment of Artemenko and the reelection of State Secretary Konstantin Maryevich — both government officials — does not signal a full willingness to grant the board total independence. The new board comes amid a renewed push to reform Ukraine’s state-owned enterprises , which dominate the energy, banking, and infrastructure sectors. The previous board's tenures expired in January. After the country’s worst wartime corruption scandal unfolded at state-run nuclear firm Energoatom in November 2025, President Volodymyr Zelensky announced a reboot of supervisory boards across the energy and defense sectors in a bid to contain the fallout and restore partners’ trust. State-run companies have long been batt...
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