The World Bank has appointed Tatiana Proskuryakova as the new country manager for Romania and Hungary. She will replace Elisabetta Capannelli, who has been the World Bank country manager since May 2013, and will be moving to Zagreb.

Proskuryakova, a US and Russian national, will start working in her new role as of July 24. She has previously worked as the World Bank’s country manager in Bosnia and Herzegovina, and Montenegro since 2015. Between 2013-2014, she was World Bank country manager in FYR Macedonia and country operations adviser for Argentina, Paraguay and Uruguay (2010-2013).

She has joined the World Bank in 1992 and has held a range of positions in the institution, including in the Europe and Central Asia, and Latin America and Caribbean regions, the Operations Policy and Country Services Vice Presidency, and the World Bank Board of Executive Directors.

“The World Bank enjoys a comprehensive partnership with Romania and supports targeted advisory work in Hungary,” said Arup Banerji, World Bank director for EU Countries.

The World Bank has provided over USD 11 billion worth of loans, guarantees and grants in all sectors of the Romanian economy. The bank has been present in Romania since 1991.