Governance and structure
Governance concerns the decision-making structure, processes and associated controls. As the European Investment Bank (EIB) is at the same time an EU body and a bank, it is governed by both public and corporate governance principles.
The EIB has three decision-making bodies: Board of Governors, Board of Directors and the Management Committee. The Board of Governors determines the general directives of the EIB, the Board of Directors is responsible for the strategic management and the Management Committee is in charge of the day-to-day management of the EIB.
The overall governance and operational structure of the EIB is composed of:
- Shareholders – 27 Member States of the EU
- Statutory bodies – working dynamics and responsibilities of the Board of Governors, Board of Directors, Audit Committee and Management Committee
- Control and evaluation – controls to guarantee the integrity and soundness of the Bank’s operations
- Organisation structure – internal organisation of the Bank’s departments and staff members