22 Mar 2023 13:43

Ukrzaliznytsia Financial Curator Lyashchenko appointed to head company

MOSCOW. March 22 (Interfax) - Ukraine's Cabinet of Ministers has appointed Evgeny Lyashchenko, an Ukrzaliznytsia board member since 2021, to be head of the board of the railway operator, Ukrainian media reported, citing the decree of the Cabinet of Ministers dated March 21 and published on the Ukrainian government's website.

"To terminate the powers of the head of the board of Ukrzaliznytsia Alexander Kamyshin early, dismissing him from his position (...); To Appoint Evgeny Lyashchenko as the head of the board of Ukrzaliznytsia from March 23, 2023 for a period of two years," the decree reads.

As a board member of Ukrzaliznytsia, Lyashchenko was involved with financial issues. Since 2012, he was finance director of Media Group Ukraine, and on July 1, 2014, was appointed director of the holding, which was part of SCM Group's media business, where he worked until 2019.

The day before, the Verkhovna Rada of Ukraine appointed his predecessor Kamyshin to the post of Ukraine's Minister for Strategic Industries.

Kamyshin has been heading the railway operator since August 2019 as acting head of the board. In October 2021, the Cabinet of Ministers approved Kamyshin as head of the board. Lyashchenko, who had previously been a non-staff adviser to Kamyshin, was then included as a new member of the board. In February 2022, the composition of Ukrzaliznytsia's supervisory board was approved; Kamyshin was approved in his position for four years, and board members for three years.

Kamyshin ran the Karlovsky Machine-Building Plant, affiliated with the investment company Dragon Capital, from 2009-2012. From 2012-2019, he worked at SCM as an investment manager and member of the supervisory board of the group's transport holdings, after which he was a managing partner in the Fortior Capital investment company.