By Kevin McCauley
David Herbert, a top investment banker in London's financial market, has joined PBN Co. as executive chairman.
Martin Sorrell's WPP controls a 49 percent stake in PBN, which is a major PR player in the former Soviet Union states of Russia, Ukraine and Kazakhstan.
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Herbert worked in the financial sector for more than two decades, leading Barings' and ING's emerging Europe corporate finance group. He also headed corporate finance teams in Warsaw, Bucharest, Moscow, Kiev and Almaty. During the 1980s, Herbert worked for BP in London and Asia.
PBN also has tapped George Oganov for board duty. The former member of the Soviet/Russian foreign service was press counselor at the Washington Embassy and advance man for Mikhail Gorbachev.
WPP's Howard Paster, who handles its far-flung PR operations, and Andrew Scott, director of corporate development sit on PBN's board.
PBN has handle campaigns for the U.S. Treasury Dept., BP, NYSE Euronext, Unilever, Bank of America, Apple, Rockwell Collins, Citigroup, Visa, Statoil and Xerox.
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