EBRR, instead of the President of Horst, Keler, temporarily headed Charles Frank
I.O. The head of the EBRD became the former vice-president of the Bank of the American Charles Frank, replacing the post of director-administrator of the IMF Horst Keler. According to Kommersant, Frank is known for its apoliticality, which, of course, is good for Russia, but Frank himself can interfere with the prefix "I.O.", since the EBRD has traditionally headed European financiers-politicians.