MOSCOW—The PBN Company, a corporate communications and public affairs consultancy with offices in Washington, DC, and the former Soviet Union, has named David Herbert, a City of London investment banker and emerging markets specialist, as executive chairman. He will lead the firm’s board of directors, and also act as counselor to the firm’s regional and international strategic communications clients in Russia, Ukraine and Kazakhstan.
Herbert recently concluded a 21-year career in investment banking, leading Barings’ and then ING’s emerging Europe corporate finance business, where he also held the position of head of international corporate finance. He created and headed corporate finance teams in London, Moscow, Kyiv, Warsaw, Bucharest and Almaty and was involved in the management of numerous IPOs, including MTS, Wimm-Bill-Dann, CIB, Apteka 36.6, Kernel, KazakhGold and Exillon Energy.
Herbert also worked in the oil and gas industry, serving in senior executive positions for BP in London and Asia throughout the 1980s.
PBN has also named George Oganov, an entrepreneur and top adviser to Basic Element owner Oleg Deripaska, and Bernard Sucher, senior investment banker and emerging markets financial expert, to the company’s board of directors.
Oganov sits on the boards of several successful media, technology and medical companies in Canada and Russia and is a member of the oversight committee of the Canada Eurasia Russia Business Association. Previously, he served more than 15 years in the Soviet and Russian Foreign Service, including as counselor for press in the Soviet and Russian Embassy in Washington DC.
Sucher helped found and build Troika Dialog, a Russian investment bank, and served as chairman of Alfa Capital, one of Russia’s oldest asset management companies, and as country head for Bank of America Merrill Lynch. He is currently a director at Aton, a leading Russian investment group.