Job Details Participation in the CEO competitive selection of especially important enterprise for the economy of the

country

Title:

CEO for public joint-stock company “Centrenergo”

Management Body: Ministry of energy and coal industry of Ukraine

# Section Description

1. ABOUT THE

COMPANY

Centrenergo is a public joint stock company in which the state owns 78%

stake, represented by the Ministry of energy and coal industry of Ukraine.

The company has approximately 8 thousand employees and reported

revenue of UAH 4.7 bn for 9m 2015. The company operates multiple

production locations in Ukraine, while it’s headquarters is located in Kyiv.

Centrenergo is Ukraine’s second-largest thermal generator by capacity

(7,660 MW), operating three power plants in the industrialized regions of

Kyiv, Kharkiv and Donetsk. Centrenergo has five gas-fired power units with a

total capacity of 3,000 MW, and 17 coal-fired power units with a total

capacity of 4,660 MW. However, only four coal-fired units operate on so

called high volatile coal while the remaining units require anthracite, which

became in short supply in Ukraine in 2014 as a result of the on-going ATO in

the coal-rich eastern regions. The company’s generating capacities were built

in the 1960’s-70’s. In 2014, it accounted for 7% of total electricity

production in Ukraine (18% of the total production by thermal power

generations).

2015 had been a challenging year for the company. In the 9 months 2015

the company sales declined by 50% compared to the previous year to 6 bn

kWh. The reduction was primarily driven by a shortage of coal supply due to

military activities in ATO region, which used to be core source areas for both

anthracite and high volatile coal.

More information about the company is available at:

http://www.centrenergo.com/ (in the Ukrainian language) or

http://www.centrenergo.com/en/ (in English).

2. PURPOSE OF THE

ROLE

Perform management of the company and other duties that are necessary

for the satisfactory operation of the Company within the powers defined by

the legislation of Ukraine, Charter of the Company, internal documents of the

Company to get profit to satisfy the interests of shareholders and employees

of the Company and increase its capitalization.

3. RESPONSIBILITIES

Overall management of the company to ensure achievement of agreed

objectives of the organisation. Representing the Company within the

limits set by law and the Charter of the Company;

Preparation of long-, medium-, and short-term plans of the company’s

activity (operational, financial and investment) and implementation;

Effective financial management of the company to ensure its targets are

being achieved. Establishing accounting and financial management

systems resulting in transparent financial reporting, effective risk

management processes, managing debt portfolio, cash management,

liaising with external financial institutions to ensure adequate liquidity,

etc;

Building an effective commercial strategy to reduce vulnerability of the

company and its dependence from external market conditions. Review

and/or expand a portfolio of company suppliers;

Transformation of the Company into a modern company with effective

business processes (business process reengineering and optimisation),

optimal organisation structure and headcount, effective policies and

procedures, etc.;

Constant revision of the technical capabilities of the organisation,

modernisation, upgrade and maintenance of production facilities,

Leading a team of highly experienced professionals at a senior level, as

well as developing modern Human Resources and Talent Management

approaches throughout the organisation as a whole.

4. KEY TASKS

Improvement of the financial and economic activities to ensure the

attractiveness to potential investors

Review and optimization of the financial management of the Company.

Improving corporate governance

Diversification of suppliers, reducing dependency of production from a

lack of raw materials,

Planning modernization of production facilities of the Company.

5. GENERAL SELECTION CRITERIA

5.1 Education Higher education. MBA will be a plus

5.2 Languages

5.3 Core qualifications

Candidates must demonstrate executive experience in majority of core

qualifications within five categories described below:

1. Leading Change:

Creativity and Innovation

External Awareness

Flexibility

Resilience

Strategic Thinking

Vision

4. Leading People:

Conflict Management

Developing Others Team Building

2. Results Driven:

Customer Service Decisiveness

Entrepreneurship

Problem Solving

Technical Credibility

5. Business Acumen:

Financial Management

Human Capital Management

Technology Management Partnering

3. Communication:

Negotiating

Interpersonal Skills

Oral/Written Communication

Networking

6. PROFESSIONAL EXPERIENCE

6.1 Professional

requirements

At least 5 years’ experience in an executive role in a relevant industry in

Ukraine or abroad;

Experience managing a production organisation is required, while

experience working in a regulated environment would be an advantage;

Experience and knowledge in any or all of the following would be an

advantage, but not a requirement: experience in the energy sector,

knowledge of wholesale markets of coal products, knowledge of wholesale

market of electricity;

Experience in crisis management, financial optimisation, and business

process re-engineering is required;

Experience in attraction of external investment (in any form), including

transformation of the company to meet potential investor requirements

would be a significant advantage;

7.

ADDITIONAL

ELIGIBILITY

QUALIFICATIONS