By letter dated 20 September 2017, the Italian Republic nominated Ms Gelsomina VIGLIOTTI for appointment as a Full Member of the Board of Directors of the EIB to succeed Mr Filippo GIANSANTE, who had resigned with effect from 20 September 2017.

By letter dated 22 September 2017, the Board of Governors was invited to vote on the proposed appointment.

The decision to appoint Ms Gelsomina VIGLIOTTI was taken on 11 October 2017, the date on which the requisite majority of Governors' votes was reached.

The term of office of Ms Gelsomina VIGLIOTTI will expire in 2018 at the end of the day either of the Annual Meeting or of the approval of the financial statements for the previous financial year, whichever is the later.

Ms VIGLIOTTI is currently Director General for International Financial Relations within the Treasury Department in the Ministry of Economy and Finance. She holds a Master of Science in Economics from the University of York in the United Kingdom and a Master in Economic Development from the Union of the Italian Chambers of Commerce in Italy.