EBRD Appoints Philip ter Woort Director for its Eastern Mediterranean Region
Business
London - Asharq Al-Awsat
The European Bank for Reconstruction and Development (EBRD) has appointed Philip ter Woort Director for its eastern Mediterranean region, leading its future operations in Jordan, Lebanon and the West Bank and Gaza. On its website, EBRD revealed that ter Woort will start his new position on 1 July 2020 and will be based in Jordan where he follows Heike Harmgart, who was appointed EBRD Managing Director for the southern and eastern Mediterranean region (SEMED) in 2019. “I am honored to take on this new responsibility and to continue and expand the significant work the EBRD is already doing in the region thanks to my predecessors work. We will focus on supporting the private sector overcoming the coronavirus pandemic and for this a strong partnership with key stakeholders is critical. The EBRD is a well-established partner in the region and I look forward to building on our strong foundationsm,” said ter Woort. He joined the EBRD in 2009 as Head of Office for Mongolia, based in Ulaanbaatar. In 2013, he was appointed the Bank’s first Director for Egypt and established its operations in the country. After four years he moved to London as Director of Business Development. On the website, the bank added that “before he joined the EBRD, ter Woort served in senior roles at Dutch banks and multinational companies in the Netherlands, Belgium, Switzerland and Russia. The EBRD launched its operations in the SEMED region in 2012 and to date has invested over €11.5 billion in the region between Morocco and Jordan.”
from Asharq AL-awsat https://aawsat.com/english/home/article/2256641/ebrd-appoints-philip-ter-woort-director-its-eastern-mediterranean-region
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