By letter dated 21 June 2019, Mr Nuno GRACIAS FERNANDES (Professor of Finance at Católica-Lisbon School of Business & Economics) was nominated by the Portuguese Republic, by common accord with the constituency of the Kingdom of Spain, for appointment as a member of the Audit Committee of the European Investment Bank, to succeed Mr Duarte PITTA FERRAZ, whose term of office as Member of the Audit Committee expired on 14 June 2019.
By letter dated 25 June 2019, the Board of Governors was invited to vote on the proposed appointment.
The decision to appoint Mr Nuno GRACIAS FERNANDES was taken on 16 July 2019, the date on which the requisite majority of Governors’ votes was reached.
The new member of the Audit Committee is appointed for a non-renewable term of office of six (6) years, expiring in 2025, at the end of the day either of the Annual Meeting or of the approval of the financial statements for the previous financial year, whichever is later.
EIB Group opens country office in Belgium to support strategic investments in Belgian economy
The European Investment Bank (EIB) Group has opened a country office in Belgium, dedicated to sustaining strategic financing and sustainable growth in the country as a boost to the potential of the vibrant, dynamic and highly innovative Belgian business environment. The new office will be hosted in the Group’s Permanent EU Representation in Brussels and led by Torsten Brand, a dual Belgian-German national who has worked at the EIB for the past decade. The step by the Luxembourg-based EIB Group, which also includes the European Investment Fund (EIF), underscores its commitment to supporting the Belgian economy and deepening engagement with local businesses and the public sector.