15:10 Aug. 29, 2016
Head of Presidential Administration Borys Lozhkin will be replaced by Ihor Rainin, former head of Kharkiv Regional State Administration
President Poroshenko announced the resignation of Lozhkin during a meeting of National Reforms Council. Borys Lozhkin will become a head of National Investments Council and remain the President's adviser.
National Investment Council should become a powerful instrument of shaping the investments politics of Ukraine, said Petro Poroshenko. He emphasized that Borys Lozhkin remains a political "heavy-weight" and has a significant influence on economic processes in the country.
Borys Lozhkin worked as the Head of Presidential Administration since June, 2014. He is a founder of UMH Group media holding. In 2013, Lozhkin and his partners sold the holding to Sergiy Kurchenko.