New chairman appointed at Ukrzaliznytsia railway operator's board

The Cabinet of Ministers has appointed Volodymyr Zhmak Chairman of the Board of the Ukrainian national railways company PJSC Ukrzaliznytsia.

The government passed the decision at a meeting on August 26, according to an UNIAN correspondent.

On August 14, Ukrzaliznytsia's Supervisory Board voted to appoint Zhmak Chairman of the Board.

Volodymyr Zhmak: background

In 2005, Zhmak was appointed an advisor to the President of Kyivstar mobile operator, responsible for the development of new business areas. In 2011, he became the executive director at the Russian-British TNK-BP Commerce. A year later, he was appointed the company's president and CEO. After the company's merger with Rosneft, he became president of RN-Ukraine.

Read alsoUkrainian Railways JSC upgraded to 'B-' on debt restructuringLater, he has held the position of senior project manager at the Ukrainian consultancy "European Consulting Group". Since 2019, he has held the position of Chairman of the Supervisory Board at Boryspil International Airport.

Staff reshuffles at Ukrzaliznytsia

On April 15, 2020, the Cabinet of Ministers dismissed acting Chairman of the Board Zeljko Marcek and appointed Ivan Yuryk.

On July 3, 2020, the Cabinet changed the composition of the Ukrzaliznytsia Board.

In June 2020, the Supervisory Board of Ukrzaliznytsia suspended Board member Roman Vepritsky, responsible for freight operations.