KIEV, April 10 - Head of the State Property Fund Ihor Bilous has submitted a letter of resignation, saying he planned to return to the investment business after taking a short break.

"Today I've resigned as the head of the State Property Fund. For me it's time to move on. First I plan a short break, I will spend time with my family. And soon I will return to what I was doing before joining the civil service," he wrote on his Facebook page.

Bilous noted he and his team managed to implement international standards of privatization.