Andriy Verevskyi


Andriy Verevskyi is a Ukrainian entrepreneur, founder and chairman of the board of Kernel, a Ukrainian diversified agri company. Verevskiy is a former deputy of Ukrainian parliament member of the Party of Regions faction and a fellow of the Agrarian Policy and Land Relations Committee.

Education & Career

Graduated with a bachelor's degree in agronomics from the National Agrarian University. Oxford College graduate. In 1995 founded a small grain trading enterprise focusing on grain exports out of Ukraine, which through the years grew into a present Kernel. Chairman of the board and majority shareholder of Kernel Holding S.A. since 2007.

Business

Verevskiy is the founder, largest shareholder and Chairman of the board of Kernel Holding S.A. since 2007. Kernel Holding S.A. is an agri-business value chain management company operating in Ukraine, providing production, processing, storage, transshipment and export of agricultural commodities, the company supplies grain, sunflower oil on the Warsaw Stock Exchange raising $221 million in November 2007. Since the debut on the WSE the market capitalisation of the company has tripled and reached US$2 billion in 2011. The IPO of Kernel Holding S.A. was named the Best IPO in Central and Eastern Europe on the WSE. Kernel is a member of WIG20 index of the Warsaw Stock Exchange.
In 2012, US Forbes Magazine valued net worth of Andrey Verevskiy at USD 1 billion. In April 2016 the Ukrainian magazine Focus estimated his wealth at $642 million.

Political activity

2002-2006, Verkhovna Rada parliamentary deputy of the 4th convocation. Fellow of the Verkhovna Rada Finance and Banking Committee. Until December 2004, member of the United Ukraine faction, European Choice group and Regions of Ukraine faction. From June 2005, member of Yulia Tymoshenko Bloc's faction.
2006-2007, parliamentary deputy of Ukraine of the 5th convocation, from the Yulia Tymoshenko Bloc. Fellow of the Agrarian Policy and Land Relations Committee. At the moment of elections, member of the Batkivshchyna party.
From 2007, parliamentary deputy of Ukraine of the 6th convocation, from the Yulia Tymoshenko Bloc. Fellow of the Agrarian Policy and Land Relations Committee.
In June 2010, Verevskiy crossed to the Stability and Reform coalition formed by the Party of Regions, Lytvyn Bloc and Communist Party factions. Since October 2010, member of the Party of Regions faction.
Verevskiy was placed at number 46 on the electoral list of Party of Regions during the 2012 Ukrainian parliamentary election. He was re-elected into parliament. The Higher Administrative Court of Ukraine stripped Verevsky of his seat in parliament on 5 March 2013 because he simultaneously was parliamentary deputy and headed a commercial entity.

Marital status

Andrey is married and has two sons and a daughter