Mongolia, July 8 -- Jahan Shamsiev has been named new Head of Mongolia for the European Bank for Reconstruction and Development (EBRD). He will be based in the country's capital, Ulaanbaatar, and is due to take up his duties on 1 September 2025. Jahan is succeeding Hannes Takacs, who served in this capacity between 2020 - 2025. A dual Tajik and British national, Mr. Shamsiev joined the Bank in 2010 as an EBRD Financial Institutions banker focusing on the Western Balkans, Belarus, Moldova, and Ukraine. In 2019 in his capacity of an Associate Director, Financial Institution Business Leader for Uzbekistan, Tajikistan, Kyrgyzstan, and Turkmenistan he moved to Tashkent, where he focused on establishing and maintaining relationships with EBRD par...