Energoatom board competition draws 83 applicants for four seats
Photo: NNEGC "Energoatom"

The competition for four independent members of the supervisory board of NNEGC Energoatom has attracted 83 applications, including foreign specialists with expertise in nuclear energy and corporate governance. The Ministry of Economy will draw up a shortlist of 20 candidates and hold final interviews by the end of December, Interfax-Ukraine reported, citing Deputy Minister Anna Artemenko.

"There were concerns that, after the recent scandal, strong candidates with expertise in both nuclear energy and corporate governance would not apply. But according to preliminary assessments, the shortlist will include 20 strong and well-known candidates, including foreigners, who are ready to undergo the competitive selection process," Artemenko said.

The competition consists of several stages: document screening, interviews with a recruitment agency, integrity checks, shortlisting, and final interviews with the Nomination Committee. The procedure has been agreed upon jointly with G7 partners.

Minister of Economy Oleksiy Sobolev previously noted that both Ukrainian and foreign experts with experience in energy and nuclear management, electricity markets, finance, audit, risk management, compliance, and corporate governance were eligible to apply.

Artemenko emphasized that the government’s decision to conduct its own assessment of the supervisory board’s activities was reactive — a response to the information announced by NABU in the "Midas" case.

"This decision was reactive, temporary, and ad hoc; it will not be applied on a systemic basis. In the near future, changes will most likely be introduced, and the process may revert to the standard evaluation model set out in current regulations," the deputy minister explained.

  • On 10 November, NABU and SAPO announced the Midas operation, which uncovered a large-scale corruption scheme in the energy sector. Approximately $100 million flowed through a money-laundering "office" and was transferred abroad.
  • Following this, the Cabinet of Ministers terminated the powers of Energoatom’s supervisory board members ahead of schedule. Since January 2025, the board had been operating with a reduced composition of four out of seven members, only two of whom were independent.