Ukraine's Ukrnafta Shareholders Choose Briton Mark Rollins as Company Head

© Sputnik / Evgeny Kotenko / Go to the mediabankUkrnafta building in Kiev
Ukrnafta building in Kiev - Sputnik International
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The shareholders of Ukrnafta, Ukrainian largest oil and natural gas extracting company, voted by an absolute majority in favor of UK national Mark Rollins becoming the company's new chairman of the board on Wednesday.

Ukrnafta building in Kiev - Sputnik International
Dnepropetrovsk Region Governor Barricades Himself in Ukrnafta HQ in Kiev
KIEV (Sputnik) —  Previous chairman of Ukrnafta was Belgian national Peter Vanhecke whose powers were terminated before the end of his term because of his alleged ties with Ukrainian oligarch Ihor Kolomoyskyi.

Ukrainian government has long sought to change the head of the company by choosing an independent candidate, who would be elected in a transparent vote. The state owns 50 percent + 1 of the company’s shares, while some 42 percent belong to the financial-industrial group Privat, owned by Kolomoyskyi.

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