The EBRD is owned by 69 countries from five continents, as well as the European Union and the European Investment Bank. These shareholders have each made a capital contribution, which forms our core funding.
Each shareholder is represented individually on the Board of Governors of the EBRD which has overall authority over the Bank and sets its overall strategic direction. While retaining overall authority over the Bank, the Board of Governors has delegated the exercise of most of its powers to the Board of Directors. However, the Board of Governors remains solely responsible for determining membership to the Bank, changes in capital stock, appointment of Directors and the President of the Bank and decisions around financial statements and determining reserves and allocation of profits.
The Board of Governors have elected the Governor for Spain as Chair and the Governors for Lithuania and Romania as Vice Chairs for 2019-2020.
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EBRD Shareholders
|
Member country |
Date joined |
Capital subscription |
Governor |
Alternate |
|
18 Dec 1991 |
30,010 |
Mrs Anila Denaj |
Mr Erjon Luçi |
|
|
7 Dec 1992 |
14,990 |
Mr Tigran Avinyan |
Mr Avag Avanesyan |
|
|
30 Mar 1991 |
300,140 |
The Hon Josh Frydenberg MP |
Ms Meghan Quinn |
|
|
28 Mar 1991 |
684,320 |
Mr Eduard Müller |
Dr Edith Frauwallner |
|
|
25 Sep 1992 |
30,010 |
Mr Mikayil Jabbarov |
Mr Samir Sharifov |
|
|
10 Jun 1992 |
60,020 |
Mr Dmitry Krutoy |
Mr Yury Seliverstov |
|
|
10 Apr 1991 |
684,320 |
Mr Alexander De Croo |
Vacant |
|
|
17 Jun 1996 |
50,710 |
Mr Vjekoslav Bevanda |
Ms Zora Vidović |
|
|
28 Mar 1991 |
237,110 |
Mr Vladislav Goranov |
Mrs Nina Stoyanova |
|
|
28 Mar 1991 |
1,020,490 |
The Hon Bill Morneau |
Ms Marta Morgan |
|
|
15 Jan 2016 |
29,000 |
Mr Gang Yi |
Vacant |
|
|
15 Apr 1993 |
109,420 |
Mr Zdravko Marić |
Mr Stipe Župan |
|
|
28 Mar 1991 |
30,010 |
Mr Constantinos Petrides |
Mr George Panteli |
|
|
1 Jan 1993 |
256,110 |
Ms Alena Schillerová |
Mr Jiří Rusnok |
|
|
28 Mar 1991 |
360,170 |
Mr Simon Kollerup |
Mr Michael Dithmer
|
|
|
28 Mar 1991 |
21,010 |
Dr Rania A. Al-Mashat |
Dr Mostafa Madbouly |
|
|
28 Feb 1992 |
30,010 |
Mr Martin Helme |
Mr Veiko Tali |
|
|
28 Mar 1991 |
900,440 |
Vacant |
Ms Lilyana Pavlova |
|
|
28 Mar 1991 |
900,440 |
Mr Jyrki Katainen |
Mr Marco Buti |
|
|
28 Mar 1991 |
375,180 |
Ms Katri Kulmuni |
Ms Nina Vashumlahti |
|
|
28 Mar 1990 |
2,556,510 |
Mr Bruno Le Maire |
Mrs Odile Renaud-Basso |
|
|
4 Sep 1992 |
30,010 |
Mr Ivane Matchavariani |
Mr Koba Gvenetadze |
|
|
28 Mar 1991 |
2,556,510 |
Mr Olaf Scholz |
Dr Jörg Kukies |
|
|
29 Mar 1991 |
195,080 |
Mr Adonis Georgiadis |
Mr Ioannis Tsakiris |
|
|
28 Mar 1991 |
237,110 |
Mr Mihály Varga |
Mr László Balogh |
|
|
29 May 1991 |
30,010 |
Mr Bjarni Benediktsson |
Mr Guðmundur Árnason |
|
| India | 11 July 2018 | 9,860 | Mrs Nirmala Sitharaman | Mr Atanu Chakraborty |
|
28 Mar 1991 |
90,040 |
Mr Paschal Donohoe TD |
Mr Derek Moran |
|
|
28 Mar 1991 |
195,080 |
Mr Moshe Kahlon |
Ms Shira Greenberg |
|
|
28 Mar 1991 |
2,556,510 |
Mr Roberto Gualtieri |
Ms Gelsomina Vigliotti |
|
|
2 Apr 1991 |
2,556,510 |
Mr Taro Aso |
Mr Haruhiko Kuroda |
|
|
29 Dec 2011 |
9,860 |
Dr Wissam Rabadi
|
Ms Zeina Toukan
|
|
|
27 Jul 1992 |
69,020 |
Mr Alikhan Smailov |
Mr Madi Takiev |
|
|
28 Mar 1991 |
300,140 |
Mr Nam-Ki Hong |
Mr Juyeol Lee |
|
|
17 Dec 2012 |
5,800 |
Mr Bedri Hamza |
Vacant |
|
|
5 Jun 1992 |
21,010 |
Mr Sanjar Mukanbetov |
Mrs Baktygul Jeenbaeva |
|
|
18 Mar 1992 |
30,010 |
Mr Janis Reirs |
Mr Ralfs Nemiro |
|
|
17 Jul 2017 |
9,860 |
Mr Ali Hassan Khalil |
Mr Alain Bifani |
|
| Libya |
16 July 2019 |
9,860 | To be appointed | To be appointed |
|
28 Mar 1991 |
5,990 |
Dr Daniel Risch |
Mr Roland Marxer |
|
|
Vice Chair of the Board of Governors 2019-2020 |
5 Mar 1992 |
30,010 |
Mr Vilius Šapoka |
Ms Miglė Tuskienė |
|
28 Mar 1991 |
60,020 |
Mr Pierre Gramegna |
Mr Arsène Jacoby |
|
|
28 Mar 1991 |
2,100 |
Prof Edward Scicluna |
Dr Mario Vella |
|
|
28 Mar 1991 |
45,010 |
Mr Arturo Herrera Gutiérrez |
Mr Gabriel Yorio González |
|
|
5 May 1992 |
30,010 |
Mr Anatol Usatii |
Mr Octavian Armasu |
|
|
9 Oct 2000 |
2,990 |
Mr Khurelbaatar Chimed |
Mr Lkhagvasuren Byadran |
|
|
3 June 2006 |
5,990 |
Mr Darko Radunović |
Mr Dragan Darmanović |
|
|
28 Mar 1991 |
24,640 |
Mr Mohamed Benchaaroun |
Mrs Faouzia Zaaboul |
|
|
28 Mar 1991 |
744,350 |
Mr Wopke B Hoekstra |
Ms Sigrid Kaag |
|
|
19 Aug 1991 |
10,500 |
The Hon Grant Robertson |
Dr Caralee McLiesh |
|
| North Macedonia |
21 Apr 1993 |
17,620 |
Ms Nina Angelovska |
Ms Mila Carovska |
|
28 Mar 1991 |
375,180 |
Ms Siv Jensen |
Mr Magnus Thue |
|
|
28 Mar 1991 |
384,180 |
Mr Adam Glapiński |
Mr Piotr Nowak |
|
|
5 Apr 1991 |
126,050 |
Mr Mário Centeno |
Mr José Carlos Azevedo Pereira |
|
|
Vice Chair of the Board of Governors 2019-2020 |
28 Mar 1991 |
144,070 |
Mr Vasile-Florin Citu |
Mr Mugur Isarescu |
|
9 Apr 1992 |
1,200,580 |
Mr Maksim Stanislavovich Oreshkin |
Mr Sergey Storchak |
|
|
7 Jun 2019 |
2,030 | Ms Eva Guidi | Mr Nicola Ceccaroli | |
|
19 Jan 2001 |
140,310 |
Mr Siniša Mali |
Mr Goran Knežević |
|
|
1 Jan 1993 |
128,070 |
Mr Ladislav Kamenický |
Mr Peter Kažimír |
|
|
23 Dec 1992 |
62,950 |
Mr Andrej Bertoncelj |
Mr Andrej Kavčič |
|
|
Chair of the Board of Governors 2019-2020 |
28 Mar 1991 |
1,020,490 |
Ms Nadia Calviño |
Ms Ana de la Cueva |
|
28 Mar 1991 |
684,320 |
Ms Magdalena Andersson |
Mr Max Elger |
|
|
29 Mar 1991 |
684,320 |
Federal Councillor Guy Parmelin |
Ambassador Raymund Furrer |
|
|
16 Oct 1992 |
21,010 |
Mr Farrukh Khamralizoda |
Mr Jamshed Karimzoda |
|
|
29 Dec 2011 |
9,860 |
Mr Mohamed Ridha Chalghoum |
Mrs Saloua Hsoumi Majdoub |
|
|
28 Mar 1991 |
345,150 |
Mr Berat Albayrak |
Mr Bülent Aksu |
|
|
1 Jun 1992 |
2,100 |
Mr Myratdurdy Orazdurdyyev |
Mr Merdanguly Magtymgulyevich Palivanov |
|
|
13 Apr 1992 |
240,110 |
Mrs Oksana Markarova |
Mr Yakiv Smolii |
|
|
28 Mar 1991 |
2,556,510 |
The Rt Hon Sajid Javid, MP |
Alok Sharma, MP |
|
|
28 Mar 1991 |
3,001,480 |
Mr Steven T. Mnuchin |
Mr Keith Krach |
|
|
30 Apr 1992 |
44,120 |
Mr Sardor Umurzakov |
Mr Laziz Kudratov |
