Sir Suma Chakrabarti leaves EBRD Presidency after second term
The European Bank for Reconstruction and Development President Sir Suma Chakrabarti has left the lender after completing two full terms - the maximum now permitted. He won two elections, in 2012 and 2016, the first ever in the EBRD’s history.
From this autumn, Chakrabarti will be Chair of the Board of Trustees of ODI, Britain’s international development think-tank. Other roles will include being a Global Commissioner of the New Climate Economy Network, a member of the Clean Growth Leadership Network, and a member of the WHO European Commission on Health and Social Systems for Economic and Social Development.
From 3 July, EBRD First Vice-President, Jurgen Rigterink, who joined the bank in 2018 to lead its banking and policy operations, will become Acting President. A permanent successor to Chakrabarti is expected to be elected at theEBRD's Annual Meeting on 7-8 October 2020.
