TIRANA (Albania), July 16 (SeeNews) – The board of governors of Black Sea Trade and Development Bank (BSTDB) appointed Russian national Dmitry Pankin as president of the bank, it said on Monday.
Pankin was appointed for a period of four years starting on July 16, following a proposal by the Russian government, BSTDB said in a press release.
He is replacing Ihsan Ugur Delikanli, who has run the bank since July 2014.
The BSTDB is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. The bank headquartered in Thessaloniki, Greece, supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries.