Werner Hoyer is the new President of the EIB. Previously, he was Deputy Foreign Minister of the Federal Republic of Germany, State minister for European affairs, and a Member of the German Parliament (Bundestag). Mr Hoyer succeeds Philippe Maystadt, who served for two consecutive mandates (2000-2011) at the helm of the EU bank.
Pim Van Ballekom is new Vice-President. Before this, Mr Van Ballekom was Head of International Public Affairs at APG Pension Group. Previously he was Dutch member of the Board of Directors of the EIB.