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Author: Vanora Bennett
Mark Bowman, the European Bank for Reconstruction and Development (EBRD)’s Vice President, Policy and Partnerships, will visit Ukraine this week on a two-day trip to meet officials, partners and clients in Kyiv. The EBRD is Ukraine’s largest institutional investor.
Mr Bowman’s visit comes ahead of the international Ukraine Recovery Conference in Rome in July, at which Ukraine’s partners will discuss plans for coordinating reconstruction and support of the country.
He will meet First Deputy Prime Minister Yuliia Svyrydenko, Finance Minister Serhii Marchenko, Environment Minister Svitlana Hrynchuk, First Deputy Minister of Economy Oleksii Sobolev, First Deputy Minister at the Ministry for Development Alyona Shkrum, as well as Andrii Pyshnyy, Governor of the National Bank of Ukraine and Business Ombudsman Roman Waschuk.
While in Kyiv, he will also meet clients and international partners and attend a roundtable on the €110 million war risk insurance programme launched last year by the EBRD in partnership with global insurance and reinsurance broker Aon to support businesses transporting cargo in Ukraine, which is now fully operational.
Mr Bowman will take part in a roundtable on governance and meet experts from the Ukraine Reforms Architecture programme, which supports the Ukrainian government in facilitating the transition to a modern, effective and efficient public administration through Reform Support Teams embedded in key ministries.
The EBRD has strongly supported Ukraine since Russia launched its full-scale war there in 2022.
The Bank has made more than €7 billion available to the country since Russia launched its full-scale war there in 2022. It has secured agreement from its governors for a €4 billion capital increase to continue lending at current levels in wartime and further raise investment when the time comes for reconstruction.
The EBRD’s five investment priorities in Ukraine are support for energy security, vital infrastructure, food security, trade and the private sector.