EBRD Director Reviews | Glassdoor.co.uk

EBRD Director Reviews

Updated 1 Oct 2019

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2.9
29%
Recommend to a Friend
0%
Approve of CEO
EBRD President Suma Chakrabarti
Suma Chakrabarti
4 Ratings
  1. Helpful (1)

    "Great Place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in London, England
    Recommends
    Positive Outlook
    No Opinion of CEO

    I have been working at EBRD full-time for more than 10 years

    Pros

    Pay, Colleagues, Interesting tasks to do. Benefits Location

    Cons

    Political organisation sometimes friendship comes before competence

    EBRD2019-01-09
  2. Helpful (1)

    "Not bad but not improving"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Director in London, England
    Doesn't Recommend
    Positive Outlook
    No Opinion of CEO

    I worked at EBRD full-time for more than 10 years

    Pros

    Good mission, nice people, ok salary

    Cons

    Poor Senior management. Highly political. Less and less transparent hiring.

    EBRD2019-10-01
  3. Helpful (2)

    "Like a Ministry without accountability"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at EBRD full-time for more than 5 years

    Pros

    International team Benefits for old staff (more than 10 years) Mozart canteen Some flexibility

    Cons

    Lack of talent Nepotism in promotions and career development Politically driven It does not offer career development out of the public sector Unfair compensation and benefits

    EBRD2019-08-17
  4. Helpful (13)

    "Going Down"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Associate Director in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at EBRD full-time for more than 10 years

    Pros

    In the right department, you will have great comments. In a lucky department, you will have a good manager. Do you feel lucky?

    Cons

    The current president couldn't do a better job destroying the organization if he tried. He'll probably take that as a compliment. I left because I could no longer stomach the level of demotivation and frustration that were created by adding on new bureaucracy in the name of 'modernisation' and rewarding careerists over performers.

    Advice to Management

    Stop doing what you are doing. Take a step back, have a look at the mess you created and the frustration of the people who you are supposed to lead.

    EBRD2017-07-11
  5. Helpful (7)

    "Decay of EBRD"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in London, England
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at EBRD full-time for more than 10 years

    Pros

    For years it was a lovely multi-cultural team of people dedicated to an interesting mission

    Cons

    Now the institution is on the down slope -constantly changing procedures and lots of new unrelated to investment jobs, advisors, policies managers continuously diminishing the role of banking (core activity of the institution) -no incentives for staff, atmosphere of a public bureaucratic institution -poor management skills of those who reached the ceiling -growing number of senior positions making the system heavy and expensive - no forward looking vision

    Show More

    Advice to Management

    Listen to staff council

    EBRD2016-11-29
  6. Helpful (3)

    "Great colleagues and a rewarding job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Director in London, England
    Recommends
    Positive Outlook

    I have been working at EBRD full-time for more than 10 years

    Pros

    Interesting and meaningful work in a multicultural environment dedicated to helping countries move to market based economies by facilitating private sector investments. Great colleagues. Well regarded IFI known for its ability to invest on commercial terms in challenging countries.

    Cons

    As an IFI EBRD is beholden to many stakeholders and pursues multiple objectives. As a result the decision making process is consensus driven and increasingly cumbersome. This also undermines individual accountability. Due to austerity measures in member states the Bank's budget has been frozen for the past couple of years while its geographical and operational mandate has been significantly expanded.

    Advice to Management

    EBRD is known for its ability to successfully invest in challenging markets thereby supporting private sector development and facilitating FDI. Don't dilute our unique strength by pursuing objectives that are not inherent to our mandate and better suited to other international organisations.

    EBRD2016-02-12
  7. Helpful (5)

    "The Continuing Downward Spiral...."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Managing Director in London, England
    Doesn't Recommend
    Negative Outlook
    No Opinion of CEO

    I have been working at EBRD full-time for more than 5 years

    Pros

    Non-demanding workload and living in London. Remuneration is good considering the actual requirements of the position.

    Cons

    EBRD is an organization with an innate and abiding love of dysfunctional bureaucracy, booty-licking and path-following projects

    Advice to Management

    Resignation (en masse); failing that, mass firings

    EBRD2015-10-22
  8. "Challenge and motivating"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in London, England
    Recommends
    Neutral Outlook
    Disapproves of CEO

    I have been working at EBRD full-time for more than 10 years

    Pros

    Ability to venture into new territories, longer and riskier products. Multicultural teams, good environment for professional growth and leadership challenges.

    Cons

    Overly collegial decision making, complex multi-dimensional management structure. Sometimes focussing too much on internal issues, rather than client needs.

    Advice to Management

    Give managers the ability to make decisions about their business and resources.

    EBRD2014-10-14
  9. Helpful (3)

    "Amazingly, this organization gets even more bureaucratic day-by-day. Senior management are ossified dinosaurs!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Director in London, England
    Doesn't Recommend
    Negative Outlook

    I have been working at EBRD full-time for more than 3 years

    Pros

    London location and it is a job.

    Cons

    Supremely self-satisfied Orwellian bureaucracy that accomplishes little other than pushing paper.

    Advice to Management

    Cull ranks of senior management. Avoid needless duplication of mission by folding EBRD into Iternational Finance Corporation. Perhaps it has outlived its purpose.

    EBRD2013-10-22
  10. Helpful (5)

    "Still behind the curve after all these years"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Director in London, England
    Doesn't Recommend

    I worked at EBRD

    Pros

    London location. Business class travel. HQ meetings which keep you from field work. Non-demanding, derivative nature of the work. Pompous policy and self congratulatory pr efforts.

    Cons

    The ultimate bureaucracy, that always misses the boat in supplying needed investment products. A London-based, self-satisfied, ivory (tavertine marble) multi=lateral financial institution. The IFC runs circles around EBRD.

    Advice to Management

    Declare victory, close up shop, return initial capital to shareholder nations, and let employees join the private sector before their skills further atrophy.

    EBRD2010-11-21
Found 10 reviews