EBRD Names New Regional Director for Romania, Bulgaria

The European Bank for Reconstruction and Development (EBRD) said on Monday it has  appointed Mark Davis as its new regional director for Romania and Bulgaria, starting April 1. In his new position, Davis will lead EBRD operations in the two countries and help boost their economies through investment, advice and support for reforms, the bank said in a statement.Davis is taking over the position from Matteo Patrone, who has now become managing director for Eastern Europe and the Caucasus."I am honoured to take on this new task. Romania and Bulgaria play increasingly prominent roles in south-eastern Europe and for EBRD business.