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Slovenia’s Finance Minister Klemen Boštjančič Assumes Chairmanship of EBRD Board

Slovenia's Finance Minister Klemen Boštjančič assumes the chairmanship of the European Bank for Reconstruction and Development (EBRD) Board, marking a significant milestone for the country

Slovenia’s Finance Minister Klemen Boštjančič has been appointed as the chair of the Board of Governors of the European Bank for Reconstruction and Development (EBRD) during its annual meeting. 

This marks the first time a Slovenian official has held such a position, signifying a notable moment for the country

During discussions on the sidelines of the meeting, Minister Boštjančič emphasized Slovenia’s longstanding partnership with the EBRD, aligning on shared values and priorities such as the green transition, equal opportunities, inclusivity, good governance, and digitalization.

Looking ahead, Minister Boštjančič outlined his focus on steering the adoption of the Bank’s strategic and capital framework at the upcoming meeting in London next year. 

He intends to advocate for a more proactive engagement of EU countries within the Bank’s initiatives

Reflecting on Slovenia’s positive experiences with EBRD investments, particularly in financial instruments and privatisation, the minister expressed a desire for the Bank to participate in slightly more ambitious projects, including venture capital funds, to drive innovation and growth in the region.

Boštjančič’s appointment as chair is viewed as a testament to his and Slovenia’s efforts on the international stage, aiming not only for presence but also influence and consideration in shaping the Bank’s direction.

The Board of Governors, representing 73 EBRD members, holds significant authority over the Bank’s operations, including strategic decisions and membership considerations. Boštjančič’s tenure as chair for the 2024-2025 period signifies an important phase in the Bank’s ongoing initiatives, with vice chairs elected from Iceland and Turkey joining in the leadership role.

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