The European Bank for Reconstruction and Development (EBRD)
Budget
Description Go to funding source website
The European Bank for Reconstruction and Development (EBRD) invests in changing lives.
Through our projects, business services and involvement in high-level policy reform, we're doing more than ever before across three continents.
We now anticipate committing all our activity in 2020/2021 to helping counter the economic impact of the coronavirus pandemic.
Our history
The European Bank for Reconstruction and Development (EBRD) was founded in 1991 to create a new post-Cold War era in central and eastern Europe. We are now doing more than ever before - across three continents - to further progress towards ‘market-oriented economies and the promotion of private and entrepreneurial initiative’.
Structure and management
The EBRD is owned by 69 countries, as well as the European Union and the European Investment Bank. The EBRD President is currently Sir Suma Chakrabarti. Each shareholder is represented on the Board of Governors, which has overall authority over the EBRD.
Under the guidance of the Board of Directors, the President manages the EBRD's work. The Executive Committee and senior leadership group advise the President and oversee EBRD activities.
Our Governors will elect a new President at our 2020 Annual Meeting.