ArmInfo. Tomas Kairys has been appointed as the new Head of the European Bank for Reconstruction and Development (EBRD) Office for the Caucasus. According to an official statement issued by the EBRD, his appointment will take effect on September 1, 2026. Based in Tbilisi, Georgia, Kairys will oversee all EBRD operations across the Caucasus region. This leadership appointment follows a long and distinguished career within the Bank.
Recall, the EBRD's investment support for Armenia began in 1992. By the end of 2025, the Bank's total portfolio in the country reached 242 projects, representing a cumulative investment volume of EUR 2.8 billion. Notably, 85% of these funds have been directed toward the private sector, underscoring the EBRD's commitment to fostering local entrepreneurship and sustainable economic growth.
