The European Bank for Reconstruction and Development (EBRD) has promoted Christian Kleboth to head of loan syndications.

Kleboth will work to mobilise EBRD’s foreign and domestic capital financing to 38 economies across Europe, Central Asia and Africa.

In addition, Kleboth will build relationships with existing and potential co-investors and will seek new co-financing structures to continue attracting private capital for EBRD projects.

A EBRD spokesperson tells GTR that Kleboth succeeds Lorenz Jorgensson who retired from the bank.

As part of the new role, Kleboth has relocated to London from Istanbul and will report to Andras Simor, senior vice-president, chief financing and operating officer.

Previously, Kleboth was EBRD’s regional head of agribusiness for Turkey and Central Asia. EBRD was unable to clarify who will take Kleboth’s place as regional head.

Kleboth joined EBRD’s agribusiness team in 2005 and worked with EBRD’s loan syndications team between 2012 and early 2018.

Prior to EBRD, he served as a banker at Raiffeisen Bank from 2000 to 2005.