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Ukraine state grid operator appoints CEO after 10-month vacancy, Ukrainian media report

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Ukraine state grid operator appoints CEO after 10-month vacancy, Ukrainian media report
Vitaliy Zaichenko, new head of Ukraine's state grid operator Ukrenergo. (Ukrenergo)

Ukrainian state grid operator Ukrenergo's supervisory board has appointed Vitaliy Zaichenko, the company's current chief dispatcher, as its new head, Ukrainian media reported on June 23.

The appointment comes after ten months of interim leadership following the controversial dismissal of former CEO Volodymyr Kudrytskyi in September 2024.

The company has been under temporary management of Oleksiy Brekht while the supervisory board struggled with prolonged disputes over the selection process.

Ukrenergo, which operates Ukraine's electricity transmission system and is a member of the European electricity grid network (ENTSO-E), plays a critical role in the country's energy security, especially during wartime when Russian attacks have repeatedly targeted energy infrastructure.

Zaichenko beat out two other finalists: Oleksiy Brekht, the interim head of Ukrenergo, and Ivan Yuryk, former acting head of Ukrainian Railways.

The supervisory board's June 4 attempt to elect a new CEO failed amid conflict with the Energy Ministry, which changed appointment rules without consulting the Energy Community Secretariat, drawing criticism from European partners.

The new rules complicated the selection process by requiring five out of seven supervisory board votes instead of the previous four needed to elect a chairman.

According to Ukrainian MP Max Khlapuk, the European Bank for Reconstruction and Development (EBRD) threatened to block 141 million euros ($152 million) in funding and demand early repayment of 533 million euros ($574 million) already received over the rule changes.

Former Ukrenergo CEO Volodymyr Kudrytskyi was dismissed on Sept.2, 2024, after President Volodymyr Zelensky called for his resignation over alleged failures to protect substations from Russian missiles and drones.

Kudrytskyi disputed this account, saying he initiated the supervisory board meeting himself, though he did not reveal the reasons for his dismissal.

Following Kudrytskyi's dismissal, supervisory board chairman Daniel Dobbeni and member Peder Andersen resigned early, citing political pressure in personnel decisions.

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