By Nigina Mirbabaeva

Representatives of the European Bank for Reconstruction and Development’s (EBRD) Board of Directors will visit Estonia from 15 to 17 September 2024 and Latvia from 17 to 20 September 2024.

The two visits are part of a regular series of consultations and will give shareholder representatives the opportunity to meet senior government officials and members of the business community, as well as representatives of international partners and civil-society organisations. The Directors will also visit private and public projects financed by the Bank across Estonia and Latvia.

The EBRD board will be represented by:

·         Director for Sweden, Iceland, Estonia, Magnus Rystedt

·          Alternate Director for Finland, Norway, Latvia, Lebanon, Jon Nicolaisen

·         Director for Portugal, Greece, San Marino, India, Dimitris Metaxas-Trikardos

·         Director for Canada, Morocco, Jordan, Tunisia, Glenn Purves

·         Director for Australia, Korea, New Zealand, Egypt, Katherine Tuck

·         Alternate Director for the European Investment Bank, Sonja Malkki 

·         Alternate Director for Belgium, Slovenia, Luxembourg, Rok Ponikvar

The Bank’s senior management accompanying the mission will include Andreea Moraru, the new Regional Director for Poland the Baltic States, and Tomas Kairys, Associate Director, Head of the Baltic States.

In Estonia, the delegation will meet with the Governor of Estonia’s Central Bank, Madis Muller, as well as the EBRD’s private sector clients and partners.  

In Latvia, the delegation will meet with Latvia’s Minister of Finance and EBRD Governor Arvils Ašeradens, the Governor of the Bank of Latvia Mārtiņš Kazāks, as well as clients in the energy sector.

Both Estonia and Latvia are founding members of the European Bank for Reconstruction and Development. Since the start of investments there in 199, the Bank has invested, €1.1 billion in 108 projects in Latvia and €935 million in 110 projects in Estonia. Promoting the development of capital markets and supporting digitalisation are two key priorities of the Bank’s work in the Baltic region.