Marek Belka was not the head of the EBRD. Chakrabarti elected for a second term – Polish Radio

The decision at a meeting in London took the Board of Governors brings together 67 shareholders of the bank.

 

The candidacy of beams was eliminated in the secret ballot

The second candidate for us as head of the bank, which is celebrating its 25th anniversary, was president of the National Bank of Poland Marek Belka, but his candidacy was eliminated in a secret ballot.

 

Diplomatic sources indicated earlier that in a secret ballot win Chakrabarti, who secured his earlier support of a large number of capitals.

 

Poland reported prof. Marek Belka

 

The term Belka as head of the NBP expires in June. In March, Deputy Finance Minister Leszek Skiba made as a Polish representative in the Council of Governors of the EBRD signed the candidacy beams, which means the official notification of the President of the NBP.

 

His rival was the head of the EBRD since 2012. Briton of Indian descent Sum Chakrabarti, who actively seek another term. According to Reuters Chakrabartiemu, who previously was a high official in the British Ministry of Justice, in addition to the support of the UK we managed to get the voices of many key capitals, including France.

 

Vision Chakrabarti at the EBRD: support for Greece, Ukraine, the crisis of migration

In the full-specific announcements list dedicated to the vision of the next term Chakrabarti described his plans for the next four years the presidency of the EBRD. He announced, among others, continue to support Ukraine and Greece, the involvement in solving the crisis of migration, investment in energy security and cross-border infrastructure, and the concern for the highest AAA rating enjoyed by the institution.

 

Vision Beams: closer cooperation with the European Commission

Belka but stressed that his priority is the high quality of aid, and closer cooperation with the European Commission and the European Investment Bank. In his opinion, just celebrated the 25th anniversary of the bank is an excellent opportunity to rethink the way the bank’s activities, which in its value has entered the promotion of democracy, and that his head was the first time a representative of the former Eastern bloc.

– selection of the representative of the EBRD activity will be a clear sign of appreciation for our common success – Belka wrote in the letter.

 

The winner must gain the support of at least 34 shareholders

The selection is made by the Board of Governors, which represented a 67 shareholders. The winner must gain the support of at least 34 shareholders (simple majority) and more than half of their weighted votes. Voting is secret and will last approx. An hour.

According to the deputy minister Skiba idea of ​​filing Belka as head of the EBRD in the 25th anniversary of its foundation came from the Germans, which strengthened his candidacy. He said that in supporting beams active were various members of the government, including Deputy Mateusz Morawiecki. “I think the chances of Marek Belka are greater than 50 percent” – wrote in March, when asked about the chances of the PAP Polish candidate.

The four-year term Chakrabartiego was considered difficult for the EBRD. Ukrainian crisis caused large losses and the bank ceased to engage in new investments in Russia, as a result of sanctions imposed on that country by the European Union. However, the same Briton is regarded as a modernizer, who put on a more active and flexible institutions, and introduced more modern management principles. His appointment was regarded initially controversial, including because all the previous heads of the bank’s traditionally hailed from Germany or France.

Before Chakrabartim a position he held for one term of office of the German SPD politician Thomas Mirow, while its predecessor was the French economist Jean Lemierre. In 2010. It has replaced in that position Horst Koehler (later President of Germany in 2004-2010), who held the position of president of the bank for only two years, because he left her to take the place of head of the International Monetary Fund. The first two heads of the EBRD came the turn of France. In 1991-1993 he held the position of French economist and longtime adviser to French President Francois Mitterrand, Jacques Attali, who was replaced by lawyer and former head of the IMF and the French central bank, Jacques de Larosiere.

EBRD (ang. European Bank for Reconstruction and Development – EBRD) is an international financial institution founded in 1991. in order to support the construction of a new order of political and economic development in Central and Eastern Europe after the cold war. EBRD shareholders are 65 countries and the European Union and the European Investment Bank. After the enlargement of business in recent years, countries in Asia and Africa as Turkey, Mongolia, Morocco, Egypt, Tunisia and Jordan, about half of the member countries has the status of beneficiaries. Among them, in terms of the size of loans one of the leading places occupies Poland.

 

PAP, abo, jk