BSTDB’s Director of Independent Evaluation Elected Chair of ECG at International Evaluation Meeting in Manila
News | 18-Mar-2026
New Chair to Host Next ECG Meeting at BSTDB
The Black Sea Trade and Development Bank (BSTDB) is pleased to announce that Todor Dimitrov, Director of its Independent Evaluation Department, participated as a key speaker at the Evaluation Cooperation Group (ECG) Spring Meeting, hosted in Manila by the Independent Evaluation Department of the Asian Development Bank.
The high-level gathering brought together senior evaluation professionals from multilateral development banks (MDBs) and international financial institutions to exchange insights on assessing development impact through multidimensional approaches. Discussions focused on advancing evaluation standards and methodologies, strengthening the measurement of private sector finance and additionality, and supporting institutional transformation.
During the meeting, Mr. Dimitrov was elected as the new Chair of the Evaluation Cooperation Group (ECG) - the standards’ setting body in independent evaluation at MDBs. In this capacity, he will lead the Group’s work in promoting excellence in evaluation across the MDB members of ECG. He will also host the next ECG meeting at BSTDB’s premises in October 2026.
In addition to his new role, Mr. Dimitrov continues to serve as Standing Chair of the ECG Membership Committee. On the sidelines of the meeting, he held a series of bilateral and multilateral discussions with Heads of Independent Evaluation Units from numerous international financial institutions within the ECG network, further strengthening collaboration and knowledge exchange across the global evaluation community.
BSTDB remains committed to fostering robust evaluation practices and contributing to the effectiveness, transparency, and accountability of development finance.
The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. The BSTDB headquarters are in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The authorized capital of the Bank is EUR 3.45 billion. For information on BSTDB, visit www.bstdb.org.
Contact: Haroula Christodoulou
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