Austrian Finance Minister Elected Chairman of the Board of Governors of EBRD

PeoplePoliticians ♦ Published: May 12, 2022; 17:31 ♦ (Vindobona)

With Magnus Brunner, the EBRD is getting an Austrian as the new Chairman of the Board of Governors. Austria's Finance Minister succeeds the Portuguese Finance Minister and will hold the office for one year. Brunner takes over this position at an enormously important time, as the European Bank for Reconstruction and Development is playing a central role in the reconstruction of Ukraine with its financial resources.

Magnus Brunner will be the new Chairman of the Board of Governors of the European Bank for Reconstruction and Development. / Picture: © Wikimedia Commons / EBRD/Dermot Doorly, CC BY-SA 4.0

Austria's Finance Minister Magnus Brunner was elected Wednesday night as the new Chairman of the Board of Governors of the European Bank for Reconstruction and Development.

Brunner succeeds Fernando Medina, the Portuguese finance minister and former mayor of Lisbon, and will hold the post for one year until the next annual meeting, which is currently scheduled to take place in…