André Küüsvek

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Formerly Managing Director of Central Asia

André Küüsvek was the Managing Director of Central Asia at the European Bank for Reconstruction and Development (EBRD) until the end of March 2021. He was based in Kazakhstan from where he led a regional team of more than 200 staff in 6 countries (Kazakhstan, the Kyrgyz RepublicMongoliaTajikistanTurkmenistanUzbekistan) with 16 resident offices.

At the time the EBRD’s investment in the region represented approximately 15 percent of its annual business volume and 20 percent of its projects.

Mr Küüsvek had over 25 years of experience in international finance, having worked across all of the EBRD’s economies, and prior to that in leading commercial banks in Estonia and Germany.

His career with the EBRD included leading the Bank-wide strategic theme of Local Currency and Capital Markets Development in 2012-2020; being a Country Director in Ukraine, the second largest country of EBRD investment, in 2008-2013; and a Country Director in Kazakhstan in 2004-2008.

Prior to that, he led project teams investing equity and debt in financial institutions across the EBRD regions in 1996-2004, simultaneously being the EBRD-wide coordinator for capital markets and stock exchanges and the financial sector coordinator for several countries.

He started his banking career as one of the first commercial bankers in Estonia in 1992, heading the international departments of Tartu Kommertspank and Bank of Tallinn. He then moved to Germany, working for a private bank Schröder Münchmeyer Hengst, and for Dresdner Bank until 1996.

He served on the boards of over 30 banks, insurance companies, stock exchanges, equity funds and large infrastructure companies in aviation and railroads. He has also served on two EBRD management committees: the Strategy and Policy Committee, and the Asset and Liability Committee.

An Estonian national, he graduated with an MSc from Tallinn University of Technology, studying also in Sweden, Germany, Finland and Hungary. He is a graduate of the Estonian Business School and Stockholm School of Economics. He is fluent in five languages.

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