European Bank For Reconstruction and Development (EBRD)
In 1991, following the collapse of the Soviet Union McDonell was invited to join the newly established EBRD as senior adviser responsible for developing infrastructure, energy and environment investment strategies for the three Caucasian republics of Georgia, Armenia and Azerbaijan, and the five Central Asian republics of Turkmenistan, Uzbekistan, Tajikistan, Kyrghyzstan and Kazakhstan. He was one of the first Westerners for about half a century to have policy access in these countries, and initiated infrastructure lending programs. His report commissioned by the Royal Institute of International Affairs Chatham House became a standard reference.
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