Carsten Pillath: full member of the Board of Directors for Germany
- Mar 2, 2006
By letter of 9 February 2006, the Federal Republic of Germany nominated Mr Carsten Pillath (Head of the Directorate-General for European Policy at the Federal Ministry of Finance) for appointment as full member of the Bank's Board of Directors to succeed Ms Sigrid Selz, who had tendered her resignation.
On 10 February 2006, the EIB's Governors were invited by written procedure to vote on the proposed appointment.
The decision to appoint Mr Carsten Pillath was taken on 28 February 2006, the date on which the Bank received the requisite majority of votes in favour by the Governors.
Mr Carsten Pillath has been appointed for the remainder of his predecessor's term of office, which will expire in 2008 at the end of the day of the Annual Meeting of the Board of Governors during which the annual report, balance sheet and profit and loss account for the 2007 financial year are examined.