15 October 2009

Nomination of Australian Executive Director to the European Bank for Reconstruction and Development

Today I am announcing that the Australian Government has nominated Dr John Eyers to the role of Executive Director to the European Bank for Reconstruction and Development (EBRD).

Dr Eyers would represent the constituency comprising Australia, the Republic of Korea, New Zealand and Egypt. Pending a vote by constituency members, Dr Eyers will be appointed by the EBRD for a term ending in July 2012.

Australia has been a member of the EBRD since it was established in 1991. The EBRD is an international financial institution that supports projects in 30 countries from central Europe to central Asia. It is owned by 61 countries and two intergovernmental institutions.

Bringing considerable experience in Australian public service, the development field and with international financial institutions, Dr Eyers will serve Australia and our constituency with distinction.

Dr Eyers' previous positions include Chief Advisor in Macroeconomic Group at the Treasury and Deputy Director-General at the Office of National Assessment. He has also worked as Alternate Executive Director of the Asian Development Bank, has been seconded to the Commonwealth Secretariat in London and has been posted to the PNG Treasury Department.