Pierre Heilbronn is a member of the EBRD Executive Committee leading on the Bank’s economic, policy and reform agenda, including its coordination within country strategies and with European member states and institutions, managing bilateral and multilateral donor partnerships and ensuring an inclusive engagement of the civil society.
Before joining the EBRD in November 2016, he was deputy chief of staff for France’s Minister of Economy and Finance. Before that, he served as the European advisor of the French Prime Minister and acting General Secretary for European Affairs. Earlier in his career, he assisted in the creation of the European External Action Service. As acting head of Cabinet of the European Commissioner for External Relations and Management of Development Aid, he worked on the Neighborhood policy and on the management of EU development aid at the programming cycle.
Pierre Heilbronn started his career in the French Ministry of Foreign Affairs (Department of European cooperation) and the Ministry of Finance.
He graduated from the Institut d’Etudes politiques de Paris and the Ecole nationale d’administration (ENA). He holds a Master of Economics from Cambridge University and a Master of European studies from the College of Europe of Bruges. He also studied at Yale University and Georgetown University.
After a decade of arduous economic recovery, the global economy has been brought to its knees by the COVID-19 pandemic, disrupting global value chains and paralyzing trade. There were plenty of warning signs prior to the pandemic. In the domestic arena, corporate and sovereign debt levels soared while manufacturing stagnated. On the international level, protectionism, trade wars, unresolved WTO disputes, and a worldwide inward turn to nationalism posed serious risks and demonstrated the potential for reversing decades of progress. The pandemic did not merely shutter businesses, paralyze supply chains, and stall trade. It also exacerbated pre-existing weaknesses, setting the stage for one of the worst economic collapses in modern history. While policymakers have responded swiftly, including taking radical measures to help prevent the total crumbling of the global economy, their efforts can only be sustained for so long and also give rise to a host of new challenges. What can be done to re-energize the global economy, including managing skyrocketing debt levels? What lessons does the pandemic offer for future preparedness and resilience of the global economy, and how does it inform the design of international supply chains? In times when turning inwards and the notion of strategic sovereignty have gained prominence as risk-mitigating strategies, how can free trade become a part of the solution again?