The Management Committee

The Management Committee is the Bank's permanent collegiate executive body. It has nine members. Under the authority of the President and the supervision of the Board of Directors, it oversees day-to-day running of the EIB, prepares decisions for Directors and ensures that these are implemented. The President chairs the meetings of the Board of Directors. The members of the Management Committee are responsible solely to the Bank; they are appointed by the Board of Governors, on a proposal from the Board of Directors, for a renewable period of six years.

Since the beginning of the Bank's activities, the emoluments of the members of the Management Committee (President and Vice-Presidents of the EIB) have been modelled on those of the President and Vice-Presidents of the European Commission respectively. As decided by the Board of Governors, social benefits for members of the Management Committee follow the same principles of analogy as applied to Commissioners; as a result, certain benefits are the same as for the Staff of the Bank, especially as regards medical insurance.

Date of situation:01-06-2008

President

Philippe MAYSTADT

Vice-Presidents

Philippe de FONTAINE VIVE CURTAZ	Torsten GERSFELT	Simon BROOKS
Carlos da SILVA COSTA	Matthias KOLLATZ-AHNEN	Eva SREJBER
Marta GAJĘCKA	Dario SCANNAPIECO