26.05.2026
Friends, greetings.
Today, I have important news regarding the case of my dismissal from the Supervisory Board of JSC “Ukrainian Distribution Grids”. The Court of Appeal left unchanged the decision of the court of first instance, which recognized the order to terminate my powers as a member of the Supervisory Board of JSC “UDG” as invalid.
For me, this is an important result not only in the legal but also in the reputational dimension. Today, the appellate court confirmed that my position was legally grounded. I have repeatedly said that the main thing for me is to protect my professional reputation and prove that the decision to dismiss me was made in violation of the law and the principles of proper corporate governance.
An independent member of the Supervisory Board cannot be dismissed in a manner that looks like a package administrative or political decision, without an individual assessment of performance, without proper justification, and without respect for the role of the supervisory board.
This case is broader than a personal corporate dispute. It concerns the quality of corporate governance in the state energy sector. If we are talking about standards, independent supervisory boards, investment trust, and professional management of state-owned companies, then these principles must work not only in official statements but also in real decisions.
I am grateful to my team of lawyers for their professional work and consistent legal position. I also thank my colleagues, partners, and everyone who supports me in this story.
There may still be further procedural steps ahead, so I will refrain from excessive evaluations until all legal procedures are completed. However, today’s decision of the Court of Appeal is an important confirmation that defending one’s rightness in court is both necessary and possible.
Moving forward.
