Mark Davis has been appointed the new EBRD Regional Director for Romania and Bulgaria and will assume his new role in Bucharest on April 1, 2019.

He replaces Matteo Patrone who has become Managing Director for Eastern Europe and the Caucasus.

“I am honoured to take on this new task. Romania and Bulgaria play increasingly prominent roles in south-eastern Europe and for EBRD business. We will keep the investment momentum in the two countries. The EBRD with its teams on the ground and its staff in London will work to strengthen the competitiveness of these economies and their regional and international integration,” Davis said.

The EBRD has invested over EUR 8.3 billion in Romania and nearly EUR 3.9 billion in Bulgaria to date. In 2018 alone, the bank invested over EUR 400 million in Romania and more than EUR 185 million in Bulgaria.

Mark Davis is currently adviser to EBRD Vice President Alain Pilloux and is based in London. He joined the bank in 2013 as Head of Armenia. Prior to joining the EBRD, he was an Executive Director at Goldman Sachs in Moscow (2010-2012) and Executive Director at Morgan Stanley in London (2007-2010). He began his career at the World Bank in Washington D.C. where he was a senior country economist responsible for Moldova, Ukraine and Kazakhstan between 1996 and 2006.

Mark Davis holds a PhD in economics from Tulane University.

editor@romania-insider.com

(photo source: EBRD)