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EBRDs Nandita Parshad named head of Sustainable Infrastructure

EBRD's Nandita Parshad named head of Sustainable Infrastructure

 November 20, 2018

Nandita Parshad has been named Managing Director of the EBRD's new Sustainable Infrastructure group, a consolidation of its energy and infrastructure teams.

“Green investments increasingly require a complex approach combining energy, emissions, water and waste. This integration is shown in the emergence of a number of important cross-cutting themes such as electrification of trains, buses and electric vehicles, water-energy nexus, including the growing role of desalination, as well as green, sustainable cities. By joining efforts of bankers structuring energy and infrastructure projects, we will capitalise on a common ethos and working model," says Nandita.

A career in the energy sector

Nandita is currently Managing Director for Energy and Natural Resources at the Bank. In her new role Nandita will lead the Bank’s engagement in environmental, transport and energy sectors in 38 economies across three continents with a particular focus on decarbonisation and sustainable financing. Nandita ​​​is a member of the Energy Transition Commission and of the World Economic Forum Council on Future Energy where she represents the Bank and shapes policymaking and thinking in global challenges of decarbonisation.

Nandita has 30 years’ experience in investing in the energy sector in diverse emerging economies. She joined the EBRD’s Power and Energy Utilities team in 1993 and took over as Director of the team in 2007. Nandita was named as Managing Director, Energy and Natural Resources in January 2017 and continued driving the Bank’s increasing presence in renewables and strategic regional energy, aligning it with the EBRD’s Green Economy Transition initiative. Nandita was born in Calcutta, India and holds undergraduate and graduate degrees from the Woodrow Wilson School of Public and International Affairs at Princeton University.

Promoting policies in energy and infrastructure

The new Sustainable Infrastructure group has a portfolio of over €22 billion and invests yearly over €4.5 billion in new investments, or about half of the EBRD’s annual business.

“Our consolidated team – with its extensive experience of structuring projects with public companies and private investors – will continue working with authorities to build confidence and promote enabling policies in both energy and infrastructure sectors, reinforcing the close integration of investment and support for reform which is at the heart of the EBRD’s mandate," adds Nandita.

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