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EBRD appoints Managing Director for Eastern Europe and the Caucasus

By Anton Usov

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The European Bank for Reconstruction and Development (EBRD) has appointed, Francis Malige to the new position of Managing Director for Eastern Europe and the Caucasus.

Mr Malige assumed his role 1 May. He is responsible for leading the Bank’s operations in Belarus, Moldova, Ukraine, Armenia, Azerbaijan and Georgia. Initially based in London, he will be relocating to Kiev later in the year. This position was created with the aim of strengthening and expanding the Bank’s operations in these six countries, at a crucial time across this region.

Commenting on the appointment, the EBRD’s First Vice President Philip Bennett said: “Francis Malige brings a mix of skills and experience from the private sector and from key sectors of the EBRD’s operations. These skills qualify him exceptionally for this new position, the creation of which underlines the importance the Bank attaches to this region. I am confident that he will make a significant impact on the EBRD’s contribution to the economic success of these countries.

A French national, Mr Malige joined the EBRD in February 2010 as a Director in the Financial Institutions team. Over the past four years, he has successfully developed the Bank’s Financial Institutions business in the Western Balkans, eastern Europe, Turkey and most recently in the southern and eastern Mediterranean.

Before joining the EBRD, he was Managing Director for Corporate Development at BNP Paribas, focusing on bank acquisitions. His earlier career was in accounting and consulting, at Arthur Andersen and McKinsey & Company, where he served clients in industry, high tech and construction, as well as financial services.

Mr Malige is a graduate of ESCP Europe, a French business school. In addition to his native French, he is fluent in German, Italian and English.

To date the EBRD has invested about €15 billion in 894 projects across eastern Europe and the Caucasus.

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