Fired deputy economy minister to become top manager of state oil company
Serhii Koretskyi and Denis Kudin (both in the center) with other top managers during WOG's 2016 press conference (Photo:Артем Ільїн)
Ukrnafta is being strengthened with experienced personnel. What links does the former first deputy minister of economy have with the head of the state oil company?
Denys Kudin, who was dismissed from the post of first deputy minister of economy of Ukraine on Feb. 10, 2023, will take up a senior position at the state oil and gas company Ukrnafta, two independent sources in the oil market told NV Business.
These reports are partially confirmed by the former official himself. "My personal next step is to focus entirely on the fuel front!" Kudin wrote on his Facebook page. He refused to answer NV Business' clarifying questions, promising to announce his new job soon.
In November 2022, Ukrnafta and Ukrtatnafta were nationalized. Both companies were headed by Serhiy Koretskyi, the former CEO of the WOG fuel company.
Denys Kudin also worked for this company from 2013 to 2018. He rose from Deputy CEO for Human Resources to WOG's Retail Director. In January 2018, Kudin left the company.
"Next up is a lot of studying for an Executive MBA in London and New York (the core of the program in 2018), and then #entrepreneurship again!" Kudin said on Facebook at the time.
However, after returning from his studies, he became an official. In July 2020, Denys Kudin was appointed deputy head of the State Property Fund of Ukraine, which was then headed by Dmytro Sennichenko. In November 2021, Kudin was appointed first deputy minister of economy of Ukraine.
Today, state-owned Ukrnafta owns one of the largest networks of gas stations in Ukraine, with about 450 operating stations.
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