EBRD gives lawyer top Ukranian position

The European Bank of Reconstruction and Development (EBRD) has appointed a lawyer to a senior commercial position for the first time. It has promoted London-based head of corporate recovery and litigation Kamen Zahariev to director of Ukraine. Zahariev will be responsible for all Ukranian investment and will move to Kiev. So far, the EBRD has invested e1.4bn (£896.8m) in the Ukraine.