EDB becomes a member of the IFI Group for Personnel Management

Almaty, 3 September 2013. Eurasian Development Bank (EDB) has become a fully-fledged member of the International Financial Institutions Group (IFI Group) for Personnel Management. This decision was made at the 17th annual meeting of the IFI Group for Personnel Management, which took place last week in London. Before this appointment EDB had an observer status at meetings of this association which unites nineteen most authoritative international financial institutions and development banks.

Now, using the mechanisms of the IFI Group, EDB will be able to continuously exchange experience in the area of personnel management, in particular, with other members of the Group such as the World Bank, the EBRD, the ADB, the European and Nordic Investment Banks, the IMF, the OECD and the WTO.

The IFI Group was set up about twenty years ago and arranges annual expert meetings in the area of personnel management and the HR directors meetings. In addition, the IFI Group prepares regular reviews for its participants on important professional topics, including compensation and benefits in different countries.

Additional Information

Eurasian Development Bank is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth and the expansion of mutual trade and other economic ties in its member states. EDB’s charter capital exceeds US $1.5 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan. Read more at https://www.eabr.org.