Oleg Tymkiv appointed as DTEK's Strategy and Finance Director

Oleg Tymkiv appointed as DTEK's Strategy and Finance Director

DTEK07 April 2020

Oleg Tymkiv was appointed as DTEK's Strategy and Finance Director. As a manager with many years of experience in the field of consulting and auditing, effective strategic planning, financial management of the company and interaction with international investors will be the key tasks of Oleg Tymkiv.

In addition, Oleg Tymkiv will manage the processes of financial forecasting, providing funds for the implementation of DTEK's strategic initiatives and minimizing the negative effects of the economic crisis.

“DTEK is actively transforming its business to meet global trends and challenges. For successful implementation of the company's strategy, it is necessary to competently manage capital, attract partners and investors, improve financial business processes and the risk management system. It is extremely important for us to go through a difficult period of economic recession and crisis in the energy sector with minimal financial losses and remain the leader of the industry”, said DTEK CEO Maxim Timchenko.

According to him, Oleg Tymkiv has deep professional expertise, significant managerial experience both in Ukraine and abroad.

“I perceive the appointment to this position as a high assessment of my professional achievements and as a great credit of trust. Especially today - in a situation of falling global financial markets and a collapse in commodity prices, which have affected all countries, including Ukraine. I am sure that we will be able to adequately pass all the trials, because DTEK has a high-class, dedicated team. It’s an honor to join it”, commented DTEK Strategy and Finance Director Oleg Tymkiv.

Prior to joining DTEK, Oleg Tymkiv worked as PwC's Managing Partner in Ukraine, and was a member of the PwC regional governing bodies in Central and Eastern Europe. His professional interests include business transformation projects, development and implementation of strategies and increasing operational efficiency for public and private sector companies, and investment advice. Oleg Tymkiv is an honorary member of the Association of Certified Public Accountants (FCCA) and a certified auditor of Ukraine.

Profile

DТЕК is the largest private investor in Ukraine’s energy sector.

DTEK Group produces coal and natural gas, generates electricity at thermal, solar and wind power plants, distributes electricity, supplies electricity to end consumers, provides energy efficient solutions and develops a network of EV charging stations.
In 2019, DTEK’s capital investments totalled UAH 23 bln. Moreover, the company paid UAH 23.4 bln of taxes. DTEK employs 70 thousand people.

The company is 100% owned by SCM Limited. Ultimate beneficial owner – Rinat Akhmetov.

 

Corporate Communications Department
DTEK
Tel.: +38 (044) 581 45 35
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