Ukraine’s government on Wednesday backed the appointment of new members to the supervisory board of state energy firm Naftogaz, a move welcomed by the European Bank for Reconstruction and Development (EBRD) as a sign of commitment to reform, Reuters reports.
NJSC Nafogaz of Ukraine has announced all of its independent directors are going to quit the supervisory board because of the government's meddling in the company's work and the lack of reforms, according to the company's press service.
The national oil and gas holding Naftogaz of Ukraine has terminated the powers of an independent member of its Supervisory Board Charles Proctor, according to Liga.net.
Chairman of the Board of nationalized PrivatBank Oleksandr Shlapak has left his post after the bank's supervisory board accepted his resignation, according to the banking news portal FinClub.
Head of the Board of the nationalized PrivatBank Oleksandr Shlapak has fulfilled the tasks of stabilizing the situation in the bank and conducting an audit of its financial condition, therefore he plans to complete his anti-crisis cadenza at the post, according to the bank's press service.