“Am I surprised the EBRD is still going after 25 years – yes, I am!” says Ian Goldin with a hearty laugh. “During the early days, we all thought it would be just a transition bank and its role would then diminish,” he continues. “I honestly couldn’t have imagined the bank would be operating today on this scale and across such a broad range of countries”.
Goldin was the EBRD’s Principal Economist from 1994 to 1995. While his tenure was relatively short, he left for good reasons – to return to his native South Africa as an advisor to then President Nelson Mandela – and remains close to the EBRD, speaking at the Annual Meeting today.
Now a Professor at Oxford University’s Martin School, Goldin leads a cross-disciplinary programme of collaboration and research into the identification of long-term global problems. The EBRD, he says, “can make a significant contribution” towards tackling the challenges of the next 25 years.