KYIV, May 2 (Reuters) - Ukraine's government said on Sunday
that it has proposed that the supervisory board of state-run
energy firm Naftogaz stay in place until new independent board
members are elected.
Members of the board said on Friday they had decided to
resign following the ouster of the company's chief, which has
raised concerns among the company's international partners.
"The government hoped that the supervisory board of
Naftogaz, in keeping with the best traditions of corporate
governance, would accept the proposal to continue fulfilling
its duties," the government said in a statement.
"The Cabinet of Ministers remains committed to OECD
corporate governance reform, which aims to improve the
governance of public sector enterprises," it said.
The government on Wednesday unexpectedly replaced Andriy
Kobolyev, who had run the company for seven years, with Yuriy
Vitrenko, acting energy minister.
The sacking prompted Ukraine's Western backers to warn that
integrity and transparency in such appointments were key to
maintaining confidence in the country's commitment to reform.
Naftogaz, one of Ukraine's biggest companies, combines gas
and oil production facilities, and a gas storage business. It
also supplies gas to consumers.
(Reporting by Pavel Polityuk; Editing by Susan Fenton)