Jonathan Taylor appointed as new EIB Vice-President
9 January 2013
Jonathan Taylor (57) has been appointed Vice-President and member of the Management Committee of the European Investment Bank (EIB) by the Bank’s Board of Governors, consisting of the 27 European Union Finance Ministers. Jonathan’s appointment took effect on 1st January following the end of Simon Brooks’ term of office.
Prior to his appointment at the EIB Jonathan was Director General for Financial Services at HM Treasury.
Jonathan Taylor commented: “I wish to pay tribute to my predecessor Simon Brooks for his many years of dedicated service to the European Investment Bank. Simon has made a highly impressive contribution towards the work of the Bank and I know his efforts are greatly appreciated by all at the EIB. As the new UK nominated member of the EIB’s Management Committee, I look forward to contributing to the EIB’s strategic development in the years ahead, focusing on efforts to increase long-term investment across the EU, ensuring effective use of increased lending activity following the recent capital increase, and fostering economic development around the world.”
The EIB is the European Union's financing institution. Its purpose is to promote the EU’s objectives by providing long-term finance in support of viable investment projects.
Over the last five years the EIB has provided nearly GBP 20 billion for long-term investment in the UK. This has included large infrastructure projects and support for small businesses through local banks, as well as lending to support a broad range of projects, including universities, schools, renewable energy and corporate research and development.
The Management Committee of the EIB is the permanent collegiate executive body of the institution. It is composed of a President and eight Vice-Presidents. Under the authority of the current President Werner Hoyer, it oversees the running of the EIB, prepares decisions for the Board of Directors and ensures that they are implemented. 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. The EIB’s Management Committee has its headquarters in Luxembourg.
Priority investment in high-impact small scale projects across Greece will be accelerated following agreements signed by the Minister of Finance of the Hellenic Republic and Governor of the European Investment Bank, Christos Staikouras, Deputy Minister of Development and Investments of the Hellenic Republic, Yannis Tsakiris, European Investment Bank President, Werner Hoyer and EIB Vice President responsible for Greece, Christian Kettel Thomsen.
La compañía energética impulsará tecnologías innovadoras y sostenibles en el ámbito de la energía renovable, el hidrógeno verde y la movilidad sostenible y ofrecerá nuevas soluciones eficientes y personalizadas a sus clientes.
The outbreak of COVID-19 in Europe had immediate and wide-ranging consequences for investment: according to the new edition of the EIB Investment Report 2020/2021 “Building a smart and green Europe in the COVID-19 era”, EU firms are likely to reduce investment by at least 25% in the year following the crisis. The report also shows that in a post-pandemic “new normal”, investment in digitalisation, innovation and climate will be more important than ever before. Without such investment, large sections of Europe’s economy risk falling behind. However, the European Union now has the opportunity to build on its leadership in green and digital technologies to recover from the pandemic, manage the climate transition and maintain its ability to compete in the global technology race.