21:45 11 October 2020
EBRD shareholders elect France’s Odile Renaud-Basso as next president
The Board of Governors of the European Bank for Reconstruction and Development (EBRD) has elected Odile Renaud-Basso of France as the Bank’s next President.
Currently Director-General at the French Treasury, Ms Renaud-Basso replaces Sir Suma Chakrabarti, who stepped down in July after serving two full four-year terms. She will assume office later this year.
The election took place today during the EBRD’s 2020 Annual Meeting, which was held in a virtual session and postponed from May due to the coronavirus pandemic.
“It is a great honor for me to have been elected as the new President of the European Bank for Reconstruction and Development, a truly unique institution. I wish to express my thanks to all the countries that supported my candidacy, with whom I have had numerous and fruitful exchanges in the past few months. I look forward to working with all shareholders, the management and the staff in the coming months, to implement the ambitious roadmap that was just agreed at the Annual Meeting,” Ms Renaud-Basso, following her election, said.
(WBJ)
