After a long campaign, the new President of the European Bank for Reconstruction and Development has been revealed to be Sir Suma Chakrabarti. This result signals possible interesting changes at the Bank, as this will be the first time since the Bank was set up 21 years ago that the President is not French or German. Sir Suma has obviously had a highly illustrious career to date, currently as the most senior civil servant in the British Ministry of Justice and previously as the head of the UK’s Department of International Development.
We look forward to seeing what impact this new President will have on the employees of EBRD, once he takes up his new position on 3rd July.