The head of the state property Fund resigned

The Chairman of the state property Fund of Ukraine Igor Bilous tendered his resignation.

About this he wrote on his page in Facebook.

“Today I resigned from the post of Chairman of the state property Fund of Ukraine. I gave three years of his life working in public service, almost two of them in the Fund. It was a tough time, but I am grateful for the opportunity to serve my country in the most difficult times. Thanks to all who worked nearby,” he wrote.

According to Bilous, his team managed to bring a lot of ideas, “and most importantly, the international standards of privatization.”

“Some of the things we launched for the first time in 25 years. Proud that our team was able to make the privatization process in Ukraine more transparent and simple. We have developed the bill will finally translate the privatization process from the political to the economic plane. We started this reform, will continue other”, – said the official, explaining that for him it is time to move on.

Bilous also said that the first is planning a short break, in particular, spend time with family.

“And will soon return to what you were doing before joining the civil service. With all the knowledge and experience I see my task is to help to attract investments to Ukraine, to contribute to its economic development. I have enough strength and energy to continue to serve my country in this status,” he concluded.

Recall, Belous before the state property Fund, headed by 19 may 2015, was a Chairman of the State fiscal service.

Public service Belous came from the business. He is a former investment banker who worked at an investment company SARSCapital, investment Bank UBS and was head of the investment banking Department of investment company “Renaissance Capital” in Ukraine and the countries of Central and Eastern Europe, co-Director of the Kiev regional office.

The state property Fund has repeatedly announced the privatization of Odessa portside plant and several large power companies, but their sales did not take place. Therefore, Ukraine has a shortfall of many billions in the state budget. One of the reasons why business, including foreign, wants to buy state-owned enterprises, debts on those companies, the constant change of national legislation and corruption.

Recently Bilous has announced that the state property Fund has developed a new draft law on privatization.

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