EBRD appoints Kazuhiko Koguchi as new Secretary General

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Kazuhiko Koguchi against grey background

Koguchi just one of several new senior figures announced by EBRD president.

Kazuhiko Koguchi has been appointed the new secretary general of the European Bank for Reconstruction and Development (EBRD), replacing Enzo Quattrociocche, who is retiring after 12 years in the role.

Koguchi is one of the most experienced men in world finance. He joined the Japanese Ministry of Finance in 1981, later became president of the National Tax College within the National Tax Agency and he has represented Japan at the World Bank and Asian Development Bank. He has also been director of the International Organisations Division of the International Bureau and has led G7 and G20 meetings of finance ministers.

EBRD president Odile Renaud-Basso said: “I am very pleased to announce the appointment of Kazuhiko Koguchi, who will support me and the bank in fulfilling our mandate and delivering real impact. I would also like to express my deep gratitude to Enzo Quattrociocche, whose support and advice have been indispensable to me since taking over the leadership of the Bank during lockdown.”

Mr Koguchi will begin his new role in August and the announcement comes as the EBRD also reveals a new vice president of policy and partnerships, a new head of Tajikistan and a new regional head of Kyrgyz Republic, Tajikistan and Turkmenistan.


Mark Bowman, vice president of policy and partnership
Mark Bowman will become vice president of policy and partnerships in October, taking the lead on some of the Bank’s most important policy and advisory support for the 38 economies in which it invests.

Mark Bowman new position means he will be a member of the EBRD’s executive committee, leading a department responsible for the bank’s country strategies, policy engagement and donor funds. He joins from the UK where was director general of international finance at Her Majesty’s Treasury.

Ayten Rustamova, regional head of the Kyrgyz Republic, Tajikistan and Turkmenistan
Ayten Rustamova has been appointed regional head of the Kyrgyz Republic, Tajikistan and Turkmenistan. She will be based in Bishkek, the capital of the Kyrgyz Republic and will assume her duties in September 2021.

An Azerbaijani national, Ayten Rustamova joined the bank in 2001 and held several banking positions in the Baku office of the Bank before becoming EBRD Head of Tajikistan in 2017.

Rika Ishii, head of Tajikistan
Rika Ishii will replace Ayten as head of Tajikistan for the EBRD. She will be based in the country’s capital, Dushanbe. A Japanese national, Ms. Ishii joined the Bank in 1997 and has served as senior and lead sector economist for a number of economies in which the EBRD invests. Most recently, she covered the Western Balkans as lead regional economist, based in Belgrade.