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Europe Live Friday 24th May 2013

Suma Chakrabarti - new president of the EBRD

21st May 2012

Briton, Suma Chakrabarti, a high ranking civil servant specialised in development, was elected on 18th May for four years as President of the European Bank for Reconstruction and Development, announced the bank in a press release. Mr Chakrabarti, 53, was appointed after a secret ballot involving the 65 governors of the EBRD representing the countries or shareholding institutions, during a general assembly in London. It is the first time that the EBRD is not being headed by either a Frenchman or a German.

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