Leading experts from business, economics, sustainability and policymaking will provide strategic counsel on DTEK’s transformation into a pan-European energy group, building on world-class corporate standards
DTEK Group has launched a new Advisory Council made up of globally-recognised public and private sector leaders to provide strategic counsel to the CEO and senior management. The Council will help rally global support for Ukraine’s energy sector after russia’s devastating recent attacks on DTEK infrastructure and help build back a greener and more resilient system.
The Council’s creation also represents an important step in DTEK’s journey through the energy transition, its expansion into new markets and to be recognised as an example of corporate excellence. A key focus of the Council will be ensuring DTEK adheres to the highest governance standards and ever-stronger safeguards against corruption – building on the company’s membership of the World Economic Forum’s Partnership Against Corruption Initiative (PACI) last year.
DTEK CEO Maxim Timchenko said: “With this Advisory Council, DTEK will have access to world-leading experts in their respective fields. The Advisory Council will offer insights on DTEK’s broad strategy and policy direction, and specifically on the risks we face and the opportunities we can seize as the worlds of business, politics and society shift with increasing velocity. I look forward to the Council advising our executive team to both improve what we do, and how we do it, in order that DTEK meets the very highest corporate governance standards."
The Advisory Council, which met for the first time on Wednesday 27th March, 2024 has been designed to offer a blend of experience across governance, sustainability, political engagement, financing and external partnerships.
Anders Aslund
Economist specialising in East Europe and Ukraine
Specialist area: macroeconomics
Specialist on economic policy covering Ukraine and East Europe, as well as russia. He is Senior Fellow at Stockholm Free World Forum and teaches at Georgetown University. He was resident senior fellow in the Eurasia Center at the Atlantic Council and he has worked at the Peterson Institute for International Economics, the Carnegie Endowment for International Peace and the Brookings Institution. In addition, he served as a Swedish diplomat in Kuwait, Poland, Geneva and moscow. He earned his doctorate at Oxford.
Victoria Cochrane
Senior independent director, Confederation of British Industry
Specialist area: compliance, quality, risk and legal
Member of the board of Euroclear Bank, the leading global provider of financial market infrastructure services, and is chair of the audit committee (with assets under custody of €17 trillion). Former member of the global executive board of Big Four audit and advisory firm EY from 2008 to 2013 - serving as the Global Managing Partner for Quality & Risk Management, having joined as General Counsel. She is a non-executive director of Ninety One Plc (formerly Investec Asset Management) and IntegraFin Holdings plc.
Pascal Lamy
Former Director General of the World Trade Organisation (WTO)
Specialist area: international trade and economics
Served two terms as Director General of the World Trade Organization (WTO) and was a board member of Transparency International France. He was Jacques Delors’ chief of staff when he was President of the European Commission and his sherpa at the G7. He is Vice-President of the Paris Peace Forum, European Chair of Brunswick Group and coordinator of the Jacques Delors Institutes (Paris, Berlin, Brussels). He has received the title of Doctor Honoris Causa from eight universities.
Miriam Maes
Senior energy sector executive
Specialist area: sustainability and the energy transition
Co-Chair of the Energy Transition Forum and former Chair of the Sustainability Committee of Urenco, a UK-German-Dutch manufacturer of enriched uranium for nuclear power utilities. See has enjoyed a career at the top of the energy industry, including being Chairman of the Board at Euronext-listed ELIA, the Belgian and German Transmission system operator and COO of non-regulated distribution networks of Electricité de France (EDF) in the UK. In addition, she has been an Advisor to the UK Department for Energy and Climate Change, and a Senior Fellow on the Climate and Energy Program of the German Marshall Fund of the United States.
Axel Theis
Senior European executive
Specialist areas: governance and sustainability
Former member of the Allianz SE Board, as well as former CEO/Chair of Euler Hermes (now Allianz Trade). He was the ESG expert on Allianz’s board, and he has extensive experience of risk management and the implementation of governance structures in multiple jurisdictions, in particular Central and Eastern Europe. Member of the Board of AXIS Capital.
Raffaele Trombetta
Former Italian Ambassador to the UK and Brazil
Specialist area: EU and Italian affairs
Former Italian Ambassador to the UK and to Brazil, and a member of the Italian co-Presidency of COP26. He was the Italian Prime Minister’s personal representative and sherpa for the G7 and the G20, including coordinating the Italian G7 Presidency in 2017. He served as the acting Director General for the European Union and as Chief of Staff to Paolo Gentiloni when he was Italy’s Foreign Minister.
The DTEK Group Advisory Council will meet once a quarter in London, Amsterdam or Kyiv, as well as at key international events such as the Ukraine Recovery Conference in Berlin in June and the Annual World Economic Forum in Davos, Switzerland.
The Advisory Council is supported by a Secretariat team headed by Patrick Meyer, DTEK’s Head of International Affairs & Communications.
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