Formerly First Vice President and Head of Client Services Group.
Philip Bennett oversaw the Client Services Group which is comprised of the Banking and Policy & Partnerships departments. He had overall responsibility for implementation of Banking and Policy objectives, ensuring that EBRD investments, policy engagement and advisory services deliver the maximum transition impact in EBRD’s countries of operations.He chaired the Operations Committee which reviews all investment proposals (both debt and equity) before consideration by the Board of Directors and oversees the formulation of the Bank’s strategy to effectively and efficiently promote the transition of the countries of operations where the EBRD invests. Mr Bennett was also a member of the Bank’s Executive Committee.
Before he came to the EBRD in 2013, Mr Bennett had more than 30 years of experience in the global financial markets, working primarily with Citigroup and its predecessor companies, Salomon Brothers and Salomon Smith Barney.
At Citigroup, he held the position of Vice Chairman, Public Sector in Global Banking, prior to which he was Global Head of Public Sector in the Global Corporate Bank. From 1998 to 2006, he was Head of International Capital Markets in the Fixed Income Division at Citi. Prior to focusing on Citigroup’s most sophisticated sovereign and sovereign-related clients worldwide, Mr Bennett had gained extensive private sector investment banking experience, working with a wide array of key international and local corporate clients across the main emerging markets in Eastern Europe, Asia and Africa.
Mr Bennett was a graduate of the University of North Carolina. He also held a Master of Public Affairs degree from Princeton’s Woodrow Wilson School of Public and International Affairs and a MBA from the University of Chicago.
He left the EBRD in March 2018.