Maxim Timchenko

Maxim Timchenko is Chief Executive of DTEK Group, having led the company since its foundation in 2005. Under his leadership, DTEK has grown to become Ukraine’s largest private energy group, with a presence in 24 countries.

Maxim has played a critical role in preserving power supplies to millions of Ukrainians in the face of russian attacks since 2014. Since the full-scale invasion in 2022, Maxim has directed the rebuilding of destroyed energy infrastructure and fast-tracked new, more resilient energy assets in pursuit of greater energy security – including Ukraine’s largest windfarm and battery storage project. In total, DTEK has invested €2.4 billion between 2022 and 2026 – more than any other company during the war.

A leading proponent of Ukraine’s integration into Europe’s energy system, he has long championed deeper cross-border energy connections, market reforms at home and partnerships with international businesses to channel foreign investment towards Ukraine.

In 2026, Maxim was awarded an Honorary Fellowship of the Energy Institute for his leadership in keeping Ukraine’s energy system running during wartime. TIME named him one of its TIME100 climate leaders in 2025. He is a Top Voice on LinkedIn for his insights on energy security, and was ranked the No.1 business leader in Ukraine by business news publication delo.ua in April 2026.

Maxim is a member of the World Economic Forum’s Electricity Governors Community and serves on the supervisory boards of UN Global Compact Network Ukraine and the American University Kyiv.

Maxim holds a masters degree in Production Management from the Donetsk State Academy of Management and has a degree in Economic and Social Studies from the University of Manchester. He began his career at PwC in 1999 rose to the position of senior auditor, becoming an ACCA (Association of Chartered Certified Accountants) charterholder. He joined Ukraine’s SCM Group in 2002, from where he founded DTEK.