Czech Premier Up for EBRD VP Post

    Varel Freeman is the EBRD’s first vice president for banking. He will serve a second term through February 2013 after his current mandate ends in May 2010. Photo by: EBRD

    European Bank for Reconstruction and Development President Thomas Mirow has proposed Czech Prime Minister Jan Fischer as the bank’s vice president for operational policies. The post covers the formulation and implementation of EBRD policies on environment and sustainability, strategies for investments in aid-recipient nations, and procurement matters. 

    Fischer, who is due to replace Brigita Schmognerova, has already accepted the appointment, Dow Jones reports. 

    “I accepted the offer in accordance with my statement last year, that I don’t see myself involved in politics in the future, but in the work of domestic or foreign institutions,” Fischer said in a statement.

    The EBRD board of directors is expected to decide on Fischer’s appointment during its May meeting.

    Meanwhile, Varel Freeman has been reappointed as EBRD’s first vice president for banking. His current term ends in May and will be extended until the end of February 2013.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.