Matteo Patrone is the Managing Director, Eastern Europe and the Caucasus (EEC) at the European Bank for Reconstruction and Development (EBRD) based in Kyiv.
He is responsible for the Bank’s operations and policy engagement initiatives in Armenia, Azerbaijan, Georgia, Moldova and Ukraine with a staff of 180. The EBRD invests in these countries about € 2 billion a year in more than 120 new transactions, representing approximately 20 per cent of the Bank’s annual business activity. The Bank holds a portfolio of over € 8 billion in EEC. Matteo leads the Bank’s response to the Russian aggression to Ukraine whereby the EBRD pledged to invest € 3 billion with over € 1.7 billion deployed and € 200 billion mobilised from partner financial institutions in 2022 only.
Matteo has over 25 years’ experience in industry and finance. He joined the EBRD in 2008, in the Corporate Equity team where he was supervising equity transactions with a focus on Western Balkans, Poland, Turkey and the Russian Federation. In 2012 he was appointed Country Director for Serbia and in 2015 Regional Director for Romania and Bulgaria. In these countries the Bank invested more than € 3bn and conducted a number of substantial policy engagement initiatives under his leadership, including an Investment Climate and Governance Initiative in Serbia, and fostering the development of local capital markets and reforming the water sector in Romania and Bulgaria.
He is the Chair of the Supervisory Board of the Ukrainian Business Ombudsman Institution and a Vice-Chair of the Board of Directors of the American Chamber of Commerce in Ukraine. He also serves in the Board of the Ukrainian Corporate Governance Academy.
Prior to working at the EBRD, Matteo was Managing Director at Finint & Partners, the private equity arm of Finanziaria Internazionale, an Italian merchant bank, where he spent 10 years investing in a broad range of sectors.
Before that he was Senior Manager at Accenture Strategic Services in Milan, Italy and held various positions in the Finmeccanica and ENI groups in the UK and Italy.
Matteo was born in Genoa, Italy, and lived in Buenos Aires, Argentina.
He holds an MBA from INSEAD and an MS degree cum laude in Mechanical Engineering from Genoa University.
He is married and has a son.