The European Bank for Reconstruction and Development has announced the appointment of Burkhard Kübel-Sorger as Vice President and Chief Financial Officer, with the role taking effect on 1 July 2024. Kübel-Sorger will join the EBRD's Executive Committee upon assuming his duties.
He succeeds Soha El-Turky, who has served as CFO since joining the EBRD in 2020.
ROLE AND RESPONSIBILITIES
As Vice President and CFO, Kübel-Sorger will take on responsibility for the EBRD's financial management, treasury operations, and reporting functions.
SUCCESSION AND TRANSITION
The EBRD announced the appointment on its website.
A German national, Kübel-Sorger joined from J.P. Morgan SE in Frankfurt, where he worked for 18 years in roles including Chief Operating Officer and Chief Risk Officer, most recently as CFO, and was a management board member from 2010, and had earlier served as Chief Executive of the Association of Foreign Banks in Germany.