The European Bank for Reconstruction and Development has selected Jacqui Powell to take over as its new Managing Director for the Corporate Sector.

Her appointment is scheduled to become effective on 6 July.

Operating from the multinational bank’s central headquarters in London, Powell will take charge of leading the Corporate Sector Business Group. Her responsibilities include managing strategy execution across different sector teams, deepening connections with corporate clients and scaling up the lender’s localised capacities within its operational territories.

Powell has built a career managing intricate, international corporate units with a specific focus on financial performance management, commercial growth and regulatory engagement. Her background includes nearly thirty years of international banking across Asian, European and American financial markets. She holds dual citizenship in both New Zealand and Australia.

Before securing her new position at the development bank, Powell worked as General Manager, International for Westpac Institutional Bank within Westpac Group. In that position, she managed organisational operations spanning the United Kingdom, Europe, Asia and the Americas. This followed an extensive tenure in Sydney, where she held various senior executive roles for Westpac.

“I am delighted to welcome Jacqui to the team,” said Greg Guyett, First Vice President of the European Bank for Reconstruction and Development. “Her international perspective and experience, combined with her track record of leading business transformation and strengthening client franchises, will be invaluable as we continue to shape our Client Services Group to deliver even more impact in a changing world.”