Bugayova, a native of Severodonetsk in Luhansk Oblast, will replace Jakub Parusinski, who has held the job since Sept. 1. Parusinski will be studying for a master’s in business administration at the prestigious Insead Business School in Singapore.
“Jakub Parusinski did a nice job as CEO at the Kyiv Post in a very difficult time when the advertisement budgets of the Ukrainian and foreign entities in Ukraine dried up due to the EuroMaidan Revolution and war in the east,” Zahoor said. “Jakub introduced the Legal Quarterly to add some new revenue sources and succeeded in cutting down the subsidies from my pocket to a lower extent than his predecessor CEO.”
Zahoor noted that, with Bugayova’s appointment, “for the first time in the history of the Kyiv Post” the top position is held not by an expatriate but “by a young, talented, ambitious, Harvard-trained, native Ukrainian woman.”