Axel van Nederveen has retired from his position as Treasurer of the European Bank for Reconstruction and Development (EBRD) after three decades with the institution, including twenty years leading its treasury operations. The change in leadership took effect at the beginning of March, according to announcements this week.
Van Nederveen joined the EBRD in May 1995, progressing through several roles within the Treasury Department before being appointed Treasurer in April 2004. Prior to his work at the EBRD, he held positions in government bond sales and trading at ABN AMRO in Amsterdam and Paribas in London. His responsibilities at the EBRD encompassed asset management of the Bank’s treasury, liquidity management, funding operations, and the oversight of market risks associated with its lending activities.
Felix Green will succeed van Nederveen as Managing Director, Treasury, beginning on March 23, 2026. Green joins the EBRD from First Abu Dhabi Bank, where he served as Group Treasurer. The appointment was announced by the EBRD on social media platforms, including Facebook and LinkedIn, with calls for welcoming Green to the team.
The EBRD, a multilateral development bank, focuses on fostering economic growth in countries transitioning to market economies. Van Nederveen’s role was central to managing the financial instruments used to support these projects and mitigate associated risks. His departure marks the end of a long tenure at the bank, overseeing its financial operations through periods of significant global economic change.
According to the bank’s website, van Nederveen’s responsibilities included overall responsibility for asset management of the Bank’s treasury, liquidity management and funding operations, as well as the overall market risks associated with the Bank’s lending operations.
