Statutory bodies

Statutory bodies

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The EIB has four statutory bodies (i.e. those referred to in the EIB Statute):

  • Three decision-making bodies: the Board of Governors, the Board of Directors and the Management Committee
  • One control body: the Audit Committee

Main roles of the statutory bodies

Statutory Body Main Role
Board of Governors

- Guiding principles
- High-level policies
- Operations outside the EU
- Approval of annual accounts
- Appointment and remuneration of members
of the other governing bodies
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Board of Directors - Approval of financing operations
- Approval of policies and the operational
- Supervision of the Management Committee
More information
Management Committee - Day-to-day management of the Bank
under the authority of the EIB President
More information
Audit Committee - Auditing of the annual accounts
- Verifying that the Bank’s activities conform
to best banking practice
More information