Sergei Guriev had a long time to prepare himself for the move to London. The European Bank for Reconstruction and Development (EBRD) announced his appointment as a replacement for previous chief economist Erik Berglof in November 2015 – 10 months before Mr Guriev officially took over the role in September.
Mr Guriev was already acquainted with his new employer. Alongside his role as visiting professor at Sciences Po university in Paris from 2013, heworked on the annual transition reports of the EBRD with Mr Berglof, who was with the bank for nine years before he left for the London School of Economics to launch the Institute of Global Affairs in February 2015.