BUCHAREST, May 30, 2013—The World Bank announces Ms. Elisabetta Capannelli as the new Country Manager for Romania, in the Europe and Central Asia Vice-Presidency. Based in the Romania Country Office, Ms. Capannelli will also serve as Country Manager for Hungary. In her new position, Ms. Capannelli will continue the strong partnership with the authorities and she will sustain the growth and quality of the Bank’s portfolio.
Ms. Capannelli, an Italian national, joined the World Bank in 1998 as an Economist in the Urban Development Department in the East Asia and Pacific Region. She has since held various positions, including Manager of the Program for Private Sector Participation in Infrastructure in the Middle East and North Africa Region, and Sector Leader for the Sustainable Development Department in the Europe and Central Asia Region.
Between 2005 and 2008, Ms. Capannelli worked at the European Commission where she was, among other roles, a Cabinet Member of Commissioner Joaquin Almunia, then Commissioner for Economic and Monetary Affairs. Ms. Capannelli was in charge of the Cabinet’s international portfolio.
Prior to joining the World Bank, Ms. Capannelli lived in Manila since 1992, where she worked for the Asian Development Bank in the South Asia, East Asia, and the Pacific Regions. Before starting her international career, she worked three years in Italy as an economist for Nomisma in Bologna, was a partner of an economics and econometrics consulting firm, teacher, and researcher.
Ms. Capannelli holds a Laurea in Political Science with a Major in Economics from Bologna University, and a Master of Arts in Development Economics from Sussex University.
Ms. Capannelli’s appointment was effective as of May 7, 2013.