LUXEMBOURG: The European Investment Bank (EIB) has appointed Alessandro Bragonzi the new Head of the Regional Representation for the Western Balkans. He is succeeding Dubravka Negre, whose mandate ended on 15th January 2021.
EIB Vice-President Lilyana Pavlova who is responsible for the Western Balkans stated: “We are looking forward to rolling out our new initiatives for this region to assist the recovery from COVID-19 and the economic transition towards a sustainable, connected, digital and green common market. As the EU bank, we remain firmly committed to helping socioeconomic recovery and the region’s further development on the EU path in line with the European Commission’s Economic and Investment Plan and the Team Europe initiative. These initiatives are essential to generating a more competitive regional market integrated within EU value chains and better living conditions for the people of the Western Balkans.”
When taking on his new role, Alessandro Bragonzi stated: “It is a great honour for me to take on new responsibilities in the region when it is facing another challenging year. The Western Balkans have been severely impacted by the pandemic and remain vulnerable to further shocks. The EIB’s priority is to strengthen economies and healthcare systems while fighting for a smart and green recovery. I look forward to engaging with all our partners, the governments, the private sector and all relevant stakeholders, including fellow international financial institutions. In particular, we aim to scale up renewable energy and energy efficiency, support sustainable transport, increase the availability of social and affordable housing and access to water and help companies in the sectors most impacted by the pandemic.”
The EU bank will promote investments that encourage better and greener transport connectivity, modern infrastructure, a stronger private sector and the transition towards a green and digital economy, in line with the European Union’s Economic and Investment Plan.
Mr. Bragonzi has been with the EIB for 11 years. Prior to this position, he was the EIB’s representative for Albania, responsible for institutional and operational activities of the country, as well as of North Macedonia and Kosovo. Before his current assignment, he contributed to the development of the Bank’s mandate management activity for EU financial instruments. He appraised, structured and negotiated financing for investment projects and lending to governments, banks and projects, while leading multidisciplinary teams.
The new Regional Representative, will be responsible to make a considerable contribution to the Bank’s activity. “His prime focus on the areas of transport connectivity, SME and vital infrastructure development, digitalisation, the green transition and innovation,” says Pavlova.