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Erik Berglöf Chief Economist and Special Adviser to the PresidentErik Berglöf is the Chief Economist and Special Adviser to the President at the European Bank for Reconstruction and Development (EBRD). Prior to joining the EBRD, Erik Berglöf (PhD, Stockholm School of Economics, 1991) held the position of Director of the Stockholm Institute of Transition Economics (SITE) and Professor at the Stockholm School of Economics. He was previously Assistant Professor at the Université Libre de Bruxelles and has held visiting positions at Harvard, Stanford and the Massachusetts Institute of Technology (MIT). He is a widely published and internationally respected specialist in the field of transition economics. His focus has been on policy-related issues in transition economies and he has regularly provided advice to national governments and international institutions including the International Monetary Fund (IMF) and the World Bank. Erik Berglöf was the founder and President of the Centre for Economic and Financial Research (CEFIR) in Moscow, Programme Director at the Centre for Economic Policy Research (CEPR) in London, Senior Fellow at the Brookings Institution in Washington, D.C., and Board Member and Research Fellow of the European Corporate Governance Institute.
In January 2006, Erik Berglöf took up his current position of Chief Economist and Special Adviser to the President at the EBRD.

Jeromin Zettelmeyer
Jeromin Zettelmeyer is Director for Policy Studies at EBRD; responsible for research and country economic analysis. From 1994 until mid 2008, he worked at the International Monetary Fund, including as an Economist in the European II Department, as deputy head of regional studies in the Western Hemisphere Department, where he led research on Latin America, and, for over 10 years, in the Research Department, where his research interests included financial crises, sovereign debt, international financial architecture and economic growth.
He is the author, together with Federico Sturzenegger of Debt Default and Lessons from a Decade of Crises (MIT Press, 2007), an account of the sovereign debt crises of the last 10 years.
He is a German citizen, born in Spain in 1964, graduated from the University of Bonn in 1990, and holds a Ph.D. from MIT (1995).

Piroska M. Nagy
Piroska is Senior Adviser to the Chief Economist of EBRD. She is responsible for financial sector stability and regulatory issues, including crisis response in the financial sector in the EBRD’s countries of operations in Emerging Europe and Central Asia.
Previously she worked for the International Monetary Fund between 1986 and mid-2008, with surveillance and policy program responsibilities mainly in Europe and Africa. While on leave from the IMF, she also worked for the Hebrew University of Jerusalem as lecturer in 1996/97 and at Fitch Ratings as Senior Adviser in 2003/4. She has published in the area of euro adoption in emerging Europe; financial stability issues; and fiscal policy reform.
She holds a M.Sc., Macroeconomics and Finance from the University of Budapest, Hungary, and conducted post-graduate studies at George Washington University, USA.

Ralph De Haas
Ralph is a Senior Economist in EBRD’s Office of the Chief Economist. The focus of his work is on financial sector projects in Central Asia. He is also the country economist for Kazakhstan and regional coordinator for country analysis on Central Asia and the Caucasus.
His main research interests include transition and development economics, microfinance and international banking. He is currently working on randomised field experiments measuring the impact of microfinance on poverty alleviation in Mongolia and Bosnia. Other research projects deal with internal capital markets in multinational banks and the effects of the global credit crunch on international bank lending. He has published in the Journal of Financial Intermediation, Economics of Transition, the Journal of Emerging Market Finance, the Journal of Banking & Finance, and Financial Markets, Institutions and Instruments.
Ralph holds a PhD in Economics from Utrecht University in the Netherlands.

Lawrence Sherwin
Lawrence is Deputy Director of Communications and Head of Internal Communications at the EBRD. Previously, he worked in corporate communications at Novartis AG in Basel, Switzerland, after a number of years in European distribution for National Public Radio (NPR). The lion’s share of his career was spent in international broadcasting at Radio Free Europe/Radio Liberty (RFE/RL) in Munich, Germany, an American-funded radio station broadcasting to the countries of the former Soviet Union where he was Deputy Director of RL and Assistant Director of the Russian Broadcasting Department.
He holds an MBA from the University of California, Berkeley, an MA in Soviet Affairs from Harvard University, and a BA/MA in Slavic Languages from Brown University which included coursework at Leningrad State University in the USSR.

Reijo Kemppinen
Reijo Kemppinen is a seasoned communications professional and comes to the Bank after an extensive international career in public relations and journalism. He was previously Head of the European Commission Representation in the UK, after having worked in a number of highly visible positions for the EC, most recently as Spokesman for the Commission and President’s Spokesman. Before this, Reijo was at the Finnish Ministry of Foreign Affairs, where he worked as Commercial Counsellor and Press Counsellor.
Reijo started his professional life as a TV and print journalist, writing for many years on domestic and foreign issues for the Finnish daily newspaper “Uusi Suomi”. Beyond English, Reijo speaks a number of languages, including French and German, and has done courses in journalism at the University of Tampere and in finance at the Helsinki School of Economics.





