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European development bank to woo Indian investment

European Bank for Reconstruction and Development chief Sir Suma Chakrabarti is visiting India early next month to attract investment from corporates.

India-born Suma Chakrabarti to head European development bank

India-born Suma Chakrabarti will succeed Germany’s Thomas Mirow as the President of the European Bank for Reconstruction and Development (EBRD), which has been supporting economic transition in former Eastern Bloc countries and Soviet republics for the last two decades.