The FINANCIAL — Daniel Berg has been appointed Director for Serbia at the European Bank for Reconstruction and Development (EBRD). He takes up his new position in Belgrade on July 1.
Mr Berg follows Matteo Patrone who has been appointed EBRD Director for Romania in Bucharest, according to EBRD.
Mr Berg joined the EBRD in 1995 as an adviser to the Board Director for the United States of America. In 1997 he transferred to the Bank’s Financial Institutions team and moved to Almaty in 2000, where he developed the Bank’s operations. He became Head of Office in the Kyrgyz Republic in 2004, in Albania in 2007 and most recently, since July 2010, was Director for Bulgaria in Sofia.
Mr Berg was educated in the US, where he attended Rutgers College and Johns Hopkins School of Advanced International Studies.
As Director for Serbia, Mr Berg will lead the Bank’s activities in the country. The EBRD focuses on enhancing the role and competitiveness of the private sector, especially in agribusiness, bolstering the banking sector, supporting privatisation, deepening financial intermediation, improving the quality of utilities and increasing energy efficiency. To date, the EBRD has invested almost €4 billion in close to 200 projects in Serbia.
Commenting on his appointment, Mr Berg said: “I am honoured that the EBRD has entrusted me with the responsibility for Serbia. Our priority will be to help the country make the most of its resources and potential. We have a great team in Belgrade. Working with my predecessors and colleagues in London, they have created a strong foundation for our work. I hope to build even further on their success for the benefit of the Serbian economy.”