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EBRD Board of Directors to visit Serbia

By Svitlana  Pyrkalo

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Belgrade from the air, Serbia

  • Delegation of EBRD Board of Directors to visit Serbia from 1 to 3 March
  • In 2022, the EBRD invested €650 million in Serbia, mostly in the private sector
  • Priority on competitiveness, governance, connectivity, decarbonisation

Representatives of the EBRD Board of Directors will visit Serbia from 1 to 3 March to meet the authorities, private sector clients, civil society, the diplomatic community and other stakeholders, as well as visit EBRD green investment projects.

Board directors represent one or more of the EBRD’s 73 shareholders: 71 countries plus the EU and the EIB. The EBRD Board of Directors approves investment projects and the Bank’s strategies and policies. 

The EBRD Board delegation will include:

·         Rosmarie Schlup, Director for Switzerland, Ukraine, Liechtenstein, Turkmenistan, Serbia, Montenegro and Uzbekistan

·         Jose Brito, Director for Portugal, Greece, San Marino and India

·         Eva Cassel, Director for Sweden, Iceland and Estonia

·         Michael Offer, Director for Germany

·         Katherine Allen, Alternate Director for United States of America

·         Katherine Tuck, Director, Australia, South Korea, New Zealand and Egypt

·         Keiko Futami, Alternate Director for Japan

·         Jan Willem van den Wall Bake, Alternate Director for the Netherlands, China, Mongolia, North Macedonia and Armenia

·         Sean Lee, Alternate Director for Australia, South Korea, New Zealand and Egypt.

The Board delegation will be accompanied by Matteo Colangeli, Director, Regional Head for the Western Balkans, as a representative of EBRD senior management.

To date, the EBRD has invested €7.9 billion in Serbia. In 2022 alone, €650 million was provided, of which more than three-quarters went to projects in the private sector. 

The current EBRD Country Strategy for Serbia for 2018-23 has the following priorities: fostering competitiveness and governance; enhancing integration by improving the transport network and advancing regional economic connectivity and energy interconnectivity; and supporting the green economy, including in energy efficiency and renewable energy. 

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