The European Bank for Reconstruction and Development (EBRD) has appointed Andreea Moraru as its new Managing Director for Central Europe and the Baltic States. She will officially begin her role on 1 June.Ms. Moraru is currently the EBRD’s Director for Poland and the Baltic states. In her new position, she will oversee the Bank’s work across eight countries: Croatia, Hungary, Poland, the Slovak Republic, Slovenia, Estonia, Latvia and Lithuania.

Her responsibilities will include guiding the EBRD’s strategic direction in these markets, ensuring that investments generate real economic benefits, and helping the region respond to evolving challenges. She will also continue to focus on long-term sustainable growth, particularly in areas such as competitiveness, green transition, innovation and energy security.

Based in Warsaw, Ms. Moraru will work closely with in-country EBRD teams, government bodies, private-sector clients and international partners. Her role will involve advancing investment opportunities, supporting policy development and strengthening reform efforts across the region.She succeeds Charlotte Ruhe, who will retire at the end of June after many years of leading the EBRD’s work across Central and South-Eastern Europe.

Ms. Moraru, who holds both Romanian and British citizenship, brings more than twenty years of experience at the EBRD. Over the course of her career, she has built a strong reputation for delivering sustained business growth, leading diverse teams and shaping impactful policy initiatives. She has also established productive partnerships with governments, financial institutions and private-sector organisations.

Before her current post in Warsaw, Ms. Moraru served as Director and Head of Greece and Cyprus. During her time there, she played a key role in expanding the Bank’s corporate operations in Greece while also managing the successful wind-down of activities in Cyprus, including the closure of the Nicosia Resident Office. She also has extensive board-level experience. She has served as a non-executive director across several sectors, including banking, insurance, pensions and asset management.

At present, she represents the EBRD on the board of the European Expansion Fund (ENEF).The Central Europe and Baltic States region is a significant part of the EBRD’s overall portfolio. It includes both advanced economies and countries that are still undergoing important reforms. The Bank’s priorities in these markets include strengthening private-sector competitiveness, accelerating the shift towards a greener economy, improving energy security and supporting innovation and resilience.

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