The Cabinet of Ministers of Ukraine has appointed associate principal at McKinsey Ukraine consulting company Oleh Prokhorenko as the new chairman of the Board of Ukrgazvydobuvannya, Ukraine's largest gas company, Prime Minister Arseniy Yatseniuk said at a meeting with business associations in Kyiv on Thursday.

CEO of the National JSC Naftogaz Ukrainy, the parent company of Ukrgazvydobuvannia, Andriy Kobolev, said that Prokhorenko was chosen as a result of a tender.

The previous head of Ukrgazvydobuvannia, Serhiy Kostyuk, filed his resignation letter on June 8.

Prohorenko is a graduate of the Harvard University Kennedy School of Government and has worked in a number of international companies. He had worked at McKinsey & Company since 2007, where he was in charge of the Eastern Europe, Central Asia, the Caspian region and Central East department. Before moving to the Kyiv office, he worked in an office in Dubai.

As reported, on June 18, Yatseniuk instructed Naftogaz Ukrainy to immediately replace the management team of its subsidiary Ukrgazvydobuvannia and demanded that MP Ihor Yeremeyev pay a large debt to the company.

The government's press service said that the examination of Ukrgazvydobuvannia's financial and economic activities showed that Yeremeyev owes UAH 373 million to the company.