Death of Francis Mayer, Chief Executive Officer of the Caisse des Dépôts
12 December 2006
We were deeply shocked to hear of the death of
Mr Francis MAYER
in Paris, on 9 December, after a long illness.
Francis Mayer was a member of the EIB's Management Committee from 1999 to 2002, before becoming CEO of the Caisse des Dépôts (CDC) in Paris.
This inspired appointment was the crowning achievement in the career of a man possessed of exceptional energy, who was deeply committed to the task of building Europe and particularly attached to Franco-German friendship. A former German teacher and graduate of the École Nationale d'Administration (ENA - class of 1979), Francis Mayer was an outstanding financier and first-class negotiator. Before he joined the EIB, his work at the helm of the Paris Club had been highly valued. He had also been a member of the EIB's Board of Directors from 1994 to 1999 and of the EIF's Board from 2001 to 2002.
He will be remembered at the Bank as the driving force behind the concept of FEMIP and as a true humanist and a strong personality, who made a marked impression on all those with whom he had dealings.
The European Investment Bank (EIB) is lending USD 120 million to Epicentr Group to support the modernisation of Ukraine’s agriculture and food supply, one of the key sectors of the national economy. The Epicentr Group, one of Ukraine’s largest companies in the home improvement retail and agriculture sectors, will finance new grain silos and elevators, modern agricultural equipment, and grain railcars for transporting cereal. By supporting the modernisation of the agriculture industry in Ukraine, the European Investment Bank is aiming to increase food security and the efficiency of food supply, as well as increasing the sustainability of agricultural practices in Ukraine by way of efficient resource management, increased productivity and the reduction of agricultural waste. This is a key precondition for a modern and globally competitive agricultural sector, which, in turn, will make a significant contribution to curbing global warming.