The supervisory board of NJSC Naftogaz Ukrainy at a meeting on Sept. 20 approved the resignation of board members Otto Waterlander (Chief Transformation Officer) and Petrus van Driel (Chief Financial Officer), a government source says.
The interlocutor of the agency recalled that this was the last sitting of the supervisory board in its current composition, since in early September its independent directors Clare Spottiswoode, Bruno Lescoeur and Ludo Van der Heyden resigned.
Waterlander and van Driel came to work at Naftogaz in Jan. 2020, and a little later joined the board of the company. Both have significant experience with Shell.
Waterlander in an interview published in the Ekonomichna Pravda newspaper on Sept. 20 noted that after the change of the head of the board of Naftogaz a significant number of earlier made decisions were frozen, in particular, operational problems arose in procurement. According to him, in such conditions he cannot work effectively, wrote a resignation letter to the supervisory board. Van Driel wrote the same letter.
As reported, the Ukrainian government, at a meeting of Naftogaz shareholders on April 28, recognized the work of the supervisory board and the board of the company as unsatisfactory. The Cabinet of Ministers first terminated the powers of all members of the supervisory board – both independent and representatives from the state – with their subsequent re-election in full, but from April 30.
