Lindsay Forbes (aged 53) has been at the European Bank for Reconstruction and Development (EBRD) since 1994. Since 2000 he has focussed entirely on equity transactions and is currently Director, Corporate Equity. This involves being responsible for a team of 3 private equity specialists working with and in teams undertaking a wide range of corporate equity transactions with international sponsors, private equity funds and local owner/managers.

From 1994 to 2000 he was a Senior Banker/Country Director undertaking debt and equity transactions in Ukraine, Romania, Croatia, Bosnia, Moldova, Belarus and the Caucuses. These covered a broad range of sectors such as Telecoms, Pharmaceuticals, Real Estate, Tourism, White goods, Agribusiness, Food and Drink, Automotive. These involved privatisations and working with both multinationals and local businesses. From 1998 to 2000 undertook Country Director’s role which, in addition to the above, involved building relationships with Presidents, Senior Government Officials and Central Bank Governors of the above countries and to be more involved with Sovereign loans to infrastructure and energy projects.

Currently he is the EBRD’s Board Nominee on the Board of Gallery Outdoor in Russia and to Dalkia Polska in Poland. He has recently completed assignments as Board Member and Chairman of the Audit Committee of International Moscow Bank in Russia (in which Nordea Bank was a significant shareholder) and as a member of Supervisory Boards and/or the Investment Committees of (donor-supported) private equity funds in Romania, Russia and Poland. In the past he has been a Director of Pliva dd in Croatia (listed on LSE), Stalexport in Poland (listed in Warsaw) and CS Zorya in Ukraine.

Before joining EBRD, he spent 13 years with the British Linen Bank, the investment Bank subsidiary of Bank of Scotland, specialising in commercial lending and private equity in various locations, including for nearly 4 years in the USA. He was appointed a Director of the British Linen Bank in 1991.

A British national, he qualified as a Solicitor with Norton Rose in 1978. He has a law degree from Oxford University (1975) and an MBA from INSEAD (1981).