November 22, 2008

EBRD appoints Mr Andre Kuusvek as new director for Ukraine

Kazinform reported that the EBRD has named Mr Andre Kuusvek as the Bank’s Director for Ukraine.

Mr Kuusvek, who previously held the position of EBRD Country Director for Kazakhstan is replacing Mr Kamen Zahariev who has been appointed Director of Corporate Recovery at the EBRD’s headquarters in London and who had been Director for Ukraine since 2002.

Mr Kuusvek has over seventeen years experience in project management in the banking and corporate sectors in the EBRD’s countries of operations. He earlier coordinated the EBRD activities with capital markets and stock exchanges in the EBRD region from the Bank’s headquarters in London. Mr Kuusvek also was financial sector coordinator for the Bank in various countries in the CIS and Eastern Europe.

Prior to joining the EBRD, Mr Kuusvek held various managerial positions in banks in Estonia and Germany.