EBRD "interesting projects" Reviews | Glassdoor.co.uk

EBRD Employee Reviews about "interesting projects"

Updated 17 Oct 2019

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3.6
68%
Recommend to a Friend
40%
Approve of CEO
EBRD CEO Suma Chakrabarti
Suma Chakrabarti
96 Ratings
Pros
Cons
More Pros and Cons

Reviews about "interesting projects"

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  1. "Rely good"

    StarStarStarStarStar
    Current Intern - Anonymous Intern 

    I have been working at EBRD

    Pros

    Friendly environment, interesting projects in various countries of operations

    Cons

    No paid annual leave or benefits for interns

    EBRD2018-08-03
  2. "Interesting bank with lots of potential, stagnant environment"

    StarStarStarStarStar
    Current Employee - Associate Banker 

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

    Pros

    multi-cultural, interesting projects in exotic countries, steep learning curve for those who push themselves

    Cons

    Bureaucratic, lots of "internal processes" that are irrelevant to the project/clients

    EBRD2019-10-17
  3. "Good place to work"

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

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

    Pros

    Intercultural working environment, interesting projects, committed and friendly colleagues, many internal development opportunities (i.e. trainings), flexible working possible

    Cons

    depends a lot on the line manager and the team, very slow in decision

    EBRD2017-06-10
  4. Helpful (10)

    "Getting worse"

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

    I have been working at EBRD full-time

    Pros

    Very interesting projects and smart people. Lots of responsibility and flexibility.

    Cons

    Badly managed bank with no strategy, no structure and in chaos.

    Advice to Management

    Start managing the bank.

    EBRD2017-03-20
  5. Helpful (8)

    "Used to be a great institution but not any more..."

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

    I have been working at EBRD full-time

    Pros

    - Smart, experienced and well-educated people; - International setting with many interesting projects; - Job security - it is difficult to get fired if you have a permanent contact;

    Cons

    - Obsolete mission and purpose. The Bank was created in the 1990s to support the transition from centrally planned to market-based economies in post-communist country. This is no longer a relevant mission for many of the countries, in which the Bank operates. EBRD should reform itself to stay relevant! - Senior management does not have a clear vision about the Bank's future. President is more skilled politics than... running a business enterprise; - Huge bureaucracy, which causes slow decision-making and makes the institution inefficient; - Many important decisions are influence by internal politics, which makes the overall decision-making non-transparent; - Centralised decision-making. Resident office has no freedom to make independent decision; - Salaries are average, not great. Salary increases are meagre even when you get promoted.

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    Advice to Management

    - Define a reform strategy with clear, practical objectives so that EBRD becomes a more flexible, market-oriented institution. - Be prepared to take more risk when financing projects; - Decentralise - give more decision-making authorities to the resident offices; - Link salaries to individual performance; - Reduce the number of senior staff. Promote people on the basis of their qualities and contribution, not... politics.

    Show More
    EBRD2016-12-01
  6. Helpful (4)

    "EBRd"

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

    I have been working at EBRD full-time for more than a year

    Pros

    Interesting projects and good exposure

    Cons

    Bureaucratic and slow, culture weights you down

    EBRD2016-11-23
  7. Helpful (1)

    "EBRD"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I have been working at EBRD

    Pros

    Multi-cultural environment Interesting projects in all countries of operations

    Cons

    Highly bureaucratic Lack of strategic view at the top level and communications with staff

    EBRD2016-09-19
  8. Helpful (19)

    "the bank that has lost its way"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at EBRD

    Pros

    originally great and noble objective excellent learning opportunities for junior bankers interesting projects

    Cons

    It seems the bank is being used by its current President as an instrument for self-promotion to a disastrous effect for the bank's operations, internal environment and employee morale.

    EBRD2016-02-21
  9. Helpful (1)

    "Analyst - Good experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Analyst in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at EBRD

    Pros

    Good work life balance, working on interesting projects which have an impact on developing countries and communities, working with smart people from many countries and backgrounds, good benefits (gym, canteen, health insurance...), ethical place to work.

    Cons

    Senior management has been at the bank for decades and seem clueless as to how to run a bank. Good performance is not rewarded which is good for some people, not for others.

    Advice to Management

    Needs new management with experience outside the bank. Needs more incentives for employees to perform.

    EBRD2016-01-17
  10. "interesting projects"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Analyst in London, England
    Recommends
    Neutral Outlook
    No Opinion of CEO

    I worked at EBRD for more than a year

    Pros

    The Bank has a good mission and provides the opportunity to work on interesting projects

    Cons

    Can be bureaucratic at times

    Advice to Management

    Slow down the proliferation of management positions

    EBRD2015-07-20
Found 16 reviews
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