New EBRD Director for Turkey, Jean-Patrick Marquet, takes up post

By Olga Rosca
@olgarosca


Jean-Patrick Marquet, the new Director for Turkey at the European Bank for Reconstruction and Development (EBRD) is taking up his new post in Istanbul today. Mr Marquet previously held the position of EBRD Director for Municipal and Environmental Infrastructure. In Turkey he succeeds Michael Davey, who retired in late February after more than 20 years with the Bank.
 
Prior to joining the EBRD in 2001, Jean-Patrick Marquet worked at the French bank Crédit Lyonnais. He is a French national and holds degrees in management and law from École des Hautes Etudes Commerciales de Paris and Université Panthéon-Assas (Paris II).
 
In his new position, Mr Marquet will lead EBRD operations in Turkey, focusing on investments that promote sustainable energy, improve the quality of infrastructure, help Turkish companies become more competitive, deepen capital and local currency markets and foster inclusion to support the country’s long-term growth potential.
 
The EBRD started investing in Turkey in 2009. It currently operates from offices in Istanbul, Ankara and Gaziantep. In 2014 Turkey became the leading recipient country of the EBRD, with new investments worth €1.4 billion.
 
In just six years the Bank has invested over €5 billion in Turkey through more than 140 projects in infrastructure, energy, agribusiness, industry and finance. It has also mobilised over €12 billion for these ventures from other sources of financing.