You're reading: EBRD replaces director in Ukraine

Sevki Acuner has been appointed the new director of the European Bank for Reconstruction and Development (EBRD) in Ukraine.

According to the press service of the bank’s office in Kyiv, the senior EBRD banker will take up his duties in Ukraine on June 1.

Acuner, who previously held the position of EBRD Deputy Country Director for Turkey, is replacing Andre Kuusvek, who has been appointed Director of Local Currency and Capital Markets Development at the EBRD’s headquarters in London and who had been Director for Ukraine since 2008.

Acuner is a Turkish national and holds a BSc in Management from Bosporus University, Istanbul, and an MBA from Concordia University, Montreal, Canada.

Prior to joining the EBRD, Sevki Acuner worked at the Central Bank of Turkey, the Bank of Montreal and the Royal Bank of Canada in various countries in North America and Europe.

The EBRD is the largest financial investor in Ukraine. As of March 31, 2013 the bank had committed over EUR 8.63 billion ($11 billion) through 337 projects in Ukraine.