“Naftogaz will spend UAH 4.5 million to find a new CEO
23 December 2024 23:42
Naftogaz of Ukraine has announced a tender on the Prozorro platform for the services of a recruitment agency that will select candidates for the position of chairman of the board. The expected cost of such services is UAH 4.5 million. This is stated in the announcement on the Prozorro electronic public procurement system, "Komersant Ukrainian" reports
“Naftogaz of Ukraine is looking for a recruiting agency to select candidates for the position of the company’s board chairman after the Verkhovna Rada appointed the company’s previous head, Oleksiy Chernyshev, to the post of Deputy Prime Minister of Ukraine – Minister of National Unity.
The amount specified in the announcement is UAH 4,569,754.
The tender was published on December 20, 2024, and the auction is scheduled for December 31 of this year.
The term of delivery of goods, performance of works or provision of services: january 22, 2026.
Key stages of the service provision
The planned candidate search process is divided into three stages, each of which is accompanied by specific deadlines and tasks.
First stage: detailed monitoring and selection of candidates.
The agency conducts market research and engages various sources, modern technical means and its own databases. The results are passed on to the client for review.
Service delivery time: 10 working days from the date of signing the contract.
The second stage: evaluation of candidates and creation of a shortlist.
The recruiting agency interviews candidates, checking their competencies and experience. Based on the results of the selection, a shortlist of 3-5 candidates is formed, each of which is accompanied by a profile, resume and references. This list is sent to the customer for review.
Duration: 10 working days after the first stage is completed.
Third stage: selection of the final candidate
At the final stage, the agency:
- Organizes interviews between the client and the shortlisted candidates.
- Provides the client with information about the impressions of the interviews.
- Advises the client on choosing the final candidate.
- Supports the process until the candidate is officially hired.
The duration of the third stage depends on the agreement between the client and the candidate.
What are the requirements for a future candidate for the position of Chairman of the Board of Naftogaz?
The documentation also specifies the qualification requirements for the future candidate for the position of Naftogaz CEO.
In particular, the candidate must have
- proven operational management experience of at least the last 10 years as a CEO, member of the Management Board, member of the Supervisory Board in a specialized field in large leading companies in the field of production, hydrocarbons or energy sector
- in-depth practical knowledge of operational activities in the oil and gas sector, formed on the basis of practical and relevant experience in positions such as a member of the board, general director, member of the supervisory board in large companies operating in one of the areas of hydrocarbon production and processing
- in-depth understanding of global best practices and trends in the oil and gas industry;
- experience in transition economies to understand and have practical skills in the oil and gas sector in the current environment (experience in Ukraine will be an advantage).
He/she must also have a complete higher education with a master’s degree/specialist degree in the relevant field of work/expertise (energy, international economics, international relations).
Fluency in the Ukrainian language (if a citizen of Ukraine), and for foreigners, knowledge of the Ukrainian language will be an advantage, but fluency in English is required. Knowledge of other languages will be an advantage.
Additional requirements:
- relevant, within the last 10 years, experience in policy development, development and/or management of complex projects in the field of transformation (change of operating model, organizational restructuring, mergers/acquisitions) of holding companies in the industrial and/or oil and gas sector;
- relevant, within the last 10 years, experience in managing the full cycle of upstream assets management of an integrated gas business, including knowledge of surface and underground infrastructure, drilling, workovers, hydraulic fracturing, production stimulation both onshore and offshore, geology and development, gas and gas condensate processing
- experience in emerging markets is essential, as well as proven skills in the oil and gas sector in the current business and global energy environment;
- experience in low-carbon business development, environmental protection and the European Green Deal;
- extensive and strong connections in the investment community (investment banks and investment companies, private equity funds), experience in equity investment projects.
