Otto Waterlander, a gas industry veteran,
stands in a conference room at Naftogaz’s Kyiv
headquarters. The Dutch executive, formerly
of McKinsey & Company, has been brought in
as chief transformation officer in January and
has more recently gained the title of chief operating
officer as well.
How do you secure the future of a national oil and gas company in a country like Ukraine?
To Otto Waterlander, 55, a top manager from the Netherlands hired earlier this year by Ukraine’s state-owned energy company Naftogaz, there are a couple of clear solutions: make sure people are only doing what they’re good at, cut costs as much as possible and discover proven new reserves that will bring in investors.