UK's Chakrabarti gets second term as EBRD President

Britain's Suma Chakrabarti won a second four-year term as head of the European Bank for Reconstruction and Development, the bank said on Wednesday. Former UK civil servant Chakrabarti, 57, secured the extension by seeing off a challenge from Polish central bank governor and former Prime Minister Marek Belka in a shareholder vote at the EBRD's annual meeting in London. In an interview ahead of the vote, Chakrabarti told Reuters that he would recommend halting the bank's recent rapid expansion and