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Sayenko Kharenko shares expertise in Ukraine’s Corporate Governance Reform

05/ 02/ 2026
  Sayenko Kharenko contributed to a corporate governance training program for Ukraine’s State Property Fund and state-owned enterprise supervisory boards, delivered in partnership with Expertise France and the Ukrainian Corporate Governance Academy. Oleksandr Nikolaichyk, Oleksiy Koltok, Mykhailo Grynyshyn and Olha Lynnyk shared practical insights on implementing international governance standards within Ukraine’s legal framework – expertise developed through advising clients on multiple corporate governance projects. Ukraine’s state asset reform is creating new business opportunities. As SOEs modernize governance structures, companies engaging with these entities need advisors who understand both regulatory requirements and practical implementation. Sayenko Kharenko doesn’t just comment on changes – w e help shape them. When governance standards rise across the economy, businesses can engage with greater confidence – whether partnering with SOEs, competing for tenders, or attracting international investment. “Strong corporate governance isn’t just about compliance – it’s a competitive advantage,” said Oleksandr Nikolaichyk, Partner at Sayenko Kharenko. “Whether you’re structuring a deal with a state enterprise, preparing for investment, or building your own governance framework, understanding how Ukraine’s standards are evolving gives you a strategic edge. We help clients navigate this transformation with practical solutions, not textbook theory.” The program addressed critical governance challenges familiar to any sophisticated business: supervisory board effectiveness, risk management frameworks, audit committee functions, and navigating owner-management dynamics. Discussions included the complex boundaries between business judgment and fiduciary duty violations – particularly relevant as litigation around board responsibility continues to grow in Ukraine.  
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Sayenko Kharenko contributed to a corporate governance training program for Ukraine’s State Property Fund and state-owned enterprise supervisory boards, delivered in partnership with Expertise France and the Ukrainian Corporate Governance Academy.

Oleksandr Nikolaichyk, Oleksiy Koltok, Mykhailo Grynyshyn and Olha Lynnyk shared practical insights on implementing international governance standards within Ukraine’s legal framework – expertise developed through advising clients on multiple corporate governance projects.

Ukraine’s state asset reform is creating new business opportunities. As SOEs modernize governance structures, companies engaging with these entities need advisors who understand both regulatory requirements and practical implementation. Sayenko Kharenko doesn’t just comment on changes – w e help shape them. When governance standards rise across the economy, businesses can engage with greater confidence – whether partnering with SOEs, competing for tenders, or attracting international investment.

“Strong corporate governance isn’t just about compliance – it’s a competitive advantage,” said Oleksandr Nikolaichyk, Partner at Sayenko Kharenko. “Whether you’re structuring a deal with a state enterprise, preparing for investment, or building your own governance framework, understanding how Ukraine’s standards are evolving gives you a strategic edge. We help clients navigate this transformation with practical solutions, not textbook theory.”

The program addressed critical governance challenges familiar to any sophisticated business: supervisory board effectiveness, risk management frameworks, audit committee functions, and navigating owner-management dynamics. Discussions included the complex boundaries between business judgment and fiduciary duty violations – particularly relevant as litigation around board responsibility continues to grow in Ukraine.

 

This material is provided by a member company or partner organization of the European Business Association as part of an informational collaboration. The Association is not responsible for the accuracy, completeness, or reliability of the information presented. The views, opinions, and recommendations expressed in this material are solely those of the authors and do not reflect the official position of the European Business Association.

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