EBRD appoints Managing Director for Eastern Europe and Caucasus

Photo: EBRD appoints Managing Director for Eastern Europe and Caucasus / Finance

Baku, Azerbaijan, May 6

By Aygun Badalova -Trend:

The European Bank for Reconstruction and Development (EBRD) has appointed Francis Malige to the new position of Managing Director for Eastern Europe and the Caucasus, EBRD reported on May 6.

Malige assumed his role on May 1. He is responsible for leading the Bank's operations in Belarus, Moldova, Ukraine, Azerbaijan, Georgia and Armenia. Initially based in London, he will be relocating to Kiev later this year, according to the bank's statement.

Malige joined the EBRD in February 2010 as a Director in the Financial Institutions team.

Over the past four years, he has successfully developed the Bank's Financial Institutions business in the Western Balkans, Eastern Europe, Turkey and most recently in the southern and eastern Mediterranean.

Before joining the EBRD, he was the Managing Director for Corporate Development at BNP Paribas, focusing on bank acquisitions.

His earlier career was in accounting and consulting at "Arthur Andersen" and "McKinsey & Company".

To date the EBRD has invested about 15 billion Euros in 894 projects across Eastern Europe and the Caucasus.

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