Brussels, 21/05/2012 (Agence Europe) - Suma Chakrabarti, a senior British civil servant, has been elected by secret ballot to head the presidency of the European Bank for Reconstruction and Development (EBRD) for four years. This is the first time since the organisation was set up in 1991 that the position has not gone to a French or German national. This follows European finance ministers' failure to agree on a single candidacy (see EUROPE 10612). Chakrabarti is a specialist in development...