INGO Insurance Company announces planned changes in its management structure. Igor Gordiyenko will join the Supervisory Board of INGO Insurance Company.

Igor Gordiyenko will join the Supervisory Board of INGO Insurance Company. In his new role, he will oversee the elaboration and implementation of the company’s development strategy, as well as the enhancement of its corporate governance model. Prior to this appointment, Mr. Gordiyenko served as the company's CEO for over 30 years. These changes in INGO Insurance Company’s governance structure are part of a broader initiative to further differentiate strategic and operational functions. It will improve the company’s efficiency, transparency, and flexibility, which is crucial for the insurance industry.

“In his new position, Igor Gordiyenko will retain his pivotal role in shaping the long-term strategy of INGO Insurance Company. His effort will be focused on upholding high management standards and fostering conditions for the company’s continued sustainable and profitable growth in a complex and dynamic market,” said Oleksiy Bolkhovitinov, Chairman of the Supervisory Board of INGO and ORANTA insurance companies.
Oleksiy Bolkhovitinov

Igor Gordiyenko has implemented several landmark initiatives and key projects within the Ukrainian insurance market. He remains confident that international investors and partners place greater trust in companies that clearly distinguish between strategic and operational functions.

“This approach aligns with the best practices in corporate governance, enhancing the company’s attractiveness to shareholders. In the insurance industry, it is particularly critical to have a separate level of strategic oversight, as it helps mitigate excessive risks and strengthens capital management. The Supervisory Board of INGO Insurance Company will place increased focus on ensuring long-term financial stability,” said Igor Gordiyenko.
Igor Gordiyenko

The candidate for CEO and changes in the composition of the Supervisory Board of INGO Insurance Company are currently undergoing approval by the National Bank of Ukraine. The appointment will be officially announced once all regulatory procedures are completed.

Reference:
Igor Gordiyenko is a widely   respected figure in Ukraine's insurance industry, with over 30 years of experience. He played a pivotal role in the development of the first insurance legislation in the independent Ukraine, as well as its subsequent amendments. From March 1994, he served as CEO of INGO Insurance Company. Under his leadership, INGO has become a market leader, setting industry standards and fostering greater confidence in the market as a whole. Mr. Gordiyenko has been consistently recognized as the best CEO in various industry rankings. Born in 1960, he has degrees in technical and economic fields, and is a Master in Insurance Management.

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