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Public investment bank seeks its niche

Headline: Public investment bank seeks its nicheSource: EuromoneyDate: April 2001         Jean Lemierre Jean Lemierre, former secretary of the French Treasury, was appointed president of the EBRD last May, just as the institution approached its tenth anniversary and the most successful transition economies of central and eastern Europe finalized their applications for […]

January 1, 2000

Headline: Public investment bank seeks its niche
Source: Euromoney
Date: April 2001

       
Jean Lemierre
Jean Lemierre, former secretary of the French Treasury, was appointed president of the EBRD last May, just as the institution approached its tenth anniversary and the most successful transition economies of central and eastern Europe finalized their applications for EU membership. Lemierre took the reins of an institution in no mood to celebrate. It is still suffering from financial losses and loss of confidence after the 1998 crisis in Russia, the country that alone accounts for 20% of the EBRD’s investments.



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