{"id":592020,"date":"2019-12-24T04:25:01","date_gmt":"2019-12-24T04:25:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/heike-harmgart-appointed-as-ebrds-semed-region-managing-director\/"},"modified":"2019-12-24T04:25:01","modified_gmt":"2019-12-24T04:25:01","slug":"heike-harmgart-appointed-as-ebrds-semed-region-managing-director","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/heike-harmgart-appointed-as-ebrds-semed-region-managing-director\/","title":{"rendered":"Heike Harmgart appointed as EBRD\u2019s SEMED region Managing Director"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>MOVES- Heike Harmgart is the next managing director of the EBRD\u2019s SEMED region: <\/strong>Heike Harmgart (<a href=\"https:\/\/jo.linkedin.com\/in\/heike-harmgart-2baa695\">LinkedIn<\/a>) has been appointed managing director covering the southern and eastern Mediterranean (SEMED) region for the European Bank for Reconstruction and Development (EBRD), the bank <a href=\"https:\/\/ent.news\/2019\/12\/1404.pdf\">said yesterday in a press release (pdf)<\/a>. She will take up the position on 1 January. Harmgart, who joined the EBRD in 2006 as an economist, was formerly the EBRD head in Jordan in 2013 before she assumed responsibility for the wider eastern Mediterranean region. \u201cI look forward to building yet further on the achievements of my predecessors in working to deliver robust and sustainable economies in support of the people who live there,\u201d Harmgart said.<\/p>\n<p><strong>She will succeed Janet Heckman, who is retiring after taking <\/strong><strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/01\/ebrd-appoints-new-semed-md-egypt-head\/\">on her role in February 2017<\/a><\/strong>. <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%A7%D9%88%D8%B1%D9%88%D8%A8%D9%89-%D9%84%D8%A5%D8%B9%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%A5%D8%B9%D9%85%D8%A7%D8%B1-%D9%88%D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D9%8A%D8%AE%D8%AA%D8%A7%D8%B1-%D9%85%D8%B5%D8%B1-%D8%A3%D9%83%D8%A8%D8%B1-%D8%AF%D9%88%D9%84%D8%A9-%D8%B9%D9%85%D9%84%D9%8A%D8%A7%D8%AA-%D9%84%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D8%AB%D8%A7%D9%84%D8%AB-%D8%B9%D9%84%D9%8A-%D8%A7%D9%84%D8%AA%D9%88%D8%A7%D9%84%D9%89.aspx\">In an Investment Ministry statement<\/a> released recently, the bank said its investments in Egypt reached about EUR 3.5 bn during the past 3 years in more than 80 projects in which the private sector got 70% of the portfolio. Heckman briefly discussed the EBRD\u2019s policy engagement strategies is to get the right conditions in place to attract foreign investors in a <a href=\"https:\/\/enterprise.press\/stories\/2019\/07\/18\/janet-heckman-managing-director-for-the-southern-and-eastern-mediterranean-semed-region-country-head-of-egypt-ebrd\/\">Morning Routine entry on Enterprise back in July<\/a>. We wish her well.<\/p>\n<p><strong>Heckman\u2019s parting gift: A USD 150 mn green SME support package with NBE.<\/strong> Heckman signed a USD 150 mn loan agreement with the National Bank of Egypt (NBE) for the Egyptian bank to lend to SMEs working on green projects, <a href=\"https:\/\/hapijournal.com\/2019\/12\/23\/%d8%a7%d9%84%d8%a8%d9%86%d9%83-%d8%a7%d9%84%d8%a3%d9%87%d9%84%d9%8a-%d9%8a%d8%ad%d8%b5%d9%84-%d8%b9%d9%84%d9%89-%d8%ad%d8%b2%d9%85%d8%a9-%d8%aa%d9%85%d9%88%d9%8a%d9%84%d9%8a%d8%a9-%d8%a8%d9%82%d9%8a\/\">according to Hapi Journal<\/a>. The proceeds will allow NBE to open a USD 100 mn credit line to help Egyptian SMEs participate in energy efficiency and climate projects, <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/17\/ebrd-to-support-green-sme-projects-with-usd-150-mn-loan-8552\/\">we noted last week<\/a>. The remainder will be channeled into two new EBRD programs, with USD 30 mn going to its Youth in Business project and USD 20 mn financing the Skills in Business program.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MOVES- Heike Harmgart is the next managing director of the EBRD\u2019s SEMED region: Heike Harmgart (LinkedIn) has been appointed managing director covering the southern and eastern Mediterranean (SEMED) region for the European Bank for Reconstruction and Development (EBRD), the bank said yesterday in a press release (pdf). She will take up the position on 1 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":592021,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[571,72,2015,9053,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592020","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-ebrd","tag-enterpriseam","tag-heike-harmgart","tag-semed","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3969e16c-347a-4fbb-8d50-169980d46280","is_powered_by":true,"section_story_id":"6fda6d33-1fea-4870-a5ba-646e7c18960d","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/12\/2717.jpg","photo_position":"above","related_issue":[592004],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Heike Harmgart appointed as EBRD\u2019s SEMED region Managing Director - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/heike-harmgart-appointed-as-ebrds-semed-region-managing-director\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Heike Harmgart appointed as EBRD\u2019s SEMED region Managing Director\" \/>\n<meta property=\"og:description\" content=\"MOVES- Heike Harmgart is the next managing director of the EBRD\u2019s SEMED region: Heike Harmgart (LinkedIn) has been appointed managing director covering the southern and eastern Mediterranean (SEMED) region for the European Bank for Reconstruction and Development (EBRD), the bank said yesterday in a press release (pdf). She will take up the position on 1 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/heike-harmgart-appointed-as-ebrds-semed-region-managing-director\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-24T04:25:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2717.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/heike-harmgart-appointed-as-ebrds-semed-region-managing-director\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/heike-harmgart-appointed-as-ebrds-semed-region-managing-director\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Heike Harmgart appointed as EBRD\u2019s SEMED region Managing Director\",\"datePublished\":\"2019-12-24T04:25:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/heike-harmgart-appointed-as-ebrds-semed-region-managing-director\/\"},\"wordCount\":308,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/heike-harmgart-appointed-as-ebrds-semed-region-managing-director\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2717.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EBRD\",\"EnterpriseAM\",\"Heike Harmgart\",\"SEMED\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/heike-harmgart-appointed-as-ebrds-semed-region-managing-director\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/12\/24\/heike-harmgart-appointed-as-ebrds-semed-region-managing-director\/\",\"name\":\"Heike Harmgart appointed as EBRD\u2019s SEMED region Managing Director - 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The new boards were appointed for three-year terms. At the top: Banque Misr CEO Mohamed El Etreby (bio)\u2026","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1602.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":633584,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/17\/ebrd-extends-usd-130-mn-loan-to-coca-cola-hbc-egypt\/","url_meta":{"origin":592020,"position":2},"title":"EBRD extends USD 130 mn loan to Coca-Cola HBC Egypt","author":"enterpriseam admin","date":"17 July 2024","format":false,"excerpt":"The loan will be complemented by a USD 750 grant","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/1301.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546303,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/11\/ebrd-downgrades-regional-growth-outlook\/","url_meta":{"origin":592020,"position":3},"title":"EBRD downgrades regional growth outlook","author":"enterpriseam admin","date":"11 May 2022","format":false,"excerpt":"EBRD downgrades regional growth forecasts as war continues in Ukraine: The European Bank for Reconstruction and Development (EBRD) downgraded its growth forecast for the nations in which the lender operates in its latest Regional Economic Prospects report (pdf). The EBRD now sees overall growth across its seven regions slowing to\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/138.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":610926,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/29\/ebrd-interested-in-acquiring-stakes-in-united-bank-banque-du-caire\/","url_meta":{"origin":592020,"position":4},"title":"EBRD interested in acquiring stakes in United Bank, Banque du Caire","author":"enterpriseam admin","date":"29 November 2023","format":false,"excerpt":"The European lender has lodged interest with the sovereign fund and is waiting for clarity about the size of the stakes on offer","rel":"","context":"In \"banking\"","block_context":{"text":"banking","link":"https:\/\/enterpriseam.com\/egypt\/tag\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/11\/1648.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572623,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/01\/eu-to-provide-eur-24-8-mn-grants-to-renewable-energy-in-egypt\/","url_meta":{"origin":592020,"position":5},"title":"EU to provide EUR 24.8 mn grants to renewable energy in Egypt","author":"enterpriseam admin","date":"1 July 2020","format":false,"excerpt":"EU to provide EUR 24.8 mn grants to renewable energy in Egypt: The EU will give Egypt a EUR 24.8 mn grant to expand the EBRD\u2019s Green Energy Financing Facility (GEFF), which it launched to help Egyptian businesses invest in renewable energy, according to a press release. 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