Dimitri Gvindadze has been appointed Head of EBRD operations in Moldova and will take up his role in Chisinau on 2 May 2016.
He will replace Julia Otto who has been heading the Bank’s office there since 2011.
In his new position, Mr Gvindadze will lead the EBRD’s work in Moldova, focusing on creating an environment that supports private sector activity, promoting European standards across sectors and regional integration to bring domestic producers closer to their markets, as well as developing efficient and sustainable public utilities which have a direct impact on people’s lives.
The EBRD is the largest institutional investor in Moldova with over €1.1 billion invested in 114 projects in agribusiness, energy, the financial sector, infrastructure and manufacturing.
Commenting on his appointment, Mr Gvindadze said: “I am honoured to take on this new assignment. Moldova might be going through difficult, challenging times, but the EBRD remains its key development partner. In my new role, I am committed to promoting a better business environment, working on strategically important infrastructure projects, supporting domestic and foreign investors and maintaining our policy engagement at the same strong level, particularly in the banking sector, to show the benefits of transparent corporate governance.”
Mr Gvindadze previously held the position of lead regional economist for eastern Europe and the Caucasus at the EBRD and was responsible for economic analytics, risk analysis and support for reforms in these countries.
Prior to joining the EBRD in 2014, Mr Gvindadze was Finance Minister of Georgia from 2011 to 2012 and Deputy Finance Minister for six years before that. He was also head of the Georgian National Investment Agency and first deputy CEO of Georgia’s sovereign fund.
Mr Gvindadze holds a master’s degree in international economic development (MPAID) from Harvard’s Kennedy School and a master’s degree in engineering from the Georgian Technical University. He studied financial programming and policies, international development and politics at the IMF Institute for Capacity Development in Washington, D.C., the International Institute of Social Studies in the Netherlands, and the International Diplomatic Academy in France.
A Georgian national, he is fluent in Georgian, English, French and Russian.