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Vice-President and member of the Management Committee of the European Investment Bank (EIB) ©EIB/To be defined

On the basis of a nomination from Romania, by common accord with the Kingdom of Denmark, the Hellenic Republic and Ireland, the Board of Directors decided on 29 January 2016 to submit the candidature of Mr Cristian Popa to the Board of Governors for the post of Vice-President and Member of the Management Committee, to succeed Mr Mihai Tanasescu, who had tendered his resignation.

The written procedure inviting the Board of Governors to vote on this proposal was launched on 11 February 2016.

The decision to appoint Mr Cristian Popa was taken on 24 February 2016, the date on which the requisite majority of votes was reached. Mr Cristian Popa has therefore been appointed as Vice-President and Member of the Management Committee, taking up his post with effect from 1st March 2016.