Development bank EBRD appoints Oxford professor as new chief economist

February 25, 2019

(Reuters) – The European Bank for Reconstruction and Development, the EBRD, has appointed Oxford University professor Beata Javorcik as its new chief economist, succeeding incumbent Sergei Guriev, the bank said on Monday.

Javorcik, a Polish national, who worked previously at the World Bank in Washington DC and holds a Ph.D from Yale, will start at the EBRD in September 2019, the bank said. She is the first woman to hold a Statutory Professorship in Economics at Oxford.

The chief economist’s role involves advising the EBRD’s president and other senior officials on economic issues to do with the bank’s area of operations. The chief economist’s office is also responsible for macroeconomic forecasting.

Guriev, a Russian who has been the EBRD’s chief economist since January 2016, will return to his position as a professor at the Sciences Po in Paris, the statement said.

(Reporting by Sujata Rao, Editing by William Maclean)

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