By letter dated 16 October 2014, the Kingdom of Spain nominated, by common accord with the Portuguese Republic, Mr Ignacio Vicente González (Chief of Staff of the General Secretariat of Treasury and Financial Policy, Ministry of Economy) for appointment as an Alternate Member of the Board of Directors of the EIB to succeed Mr Lucinio Muñoz, who had tendered his resignation.

By letter dated 30 October 2014, the Board of Governors was invited to vote on the proposed appointment.

The decision to appoint Mr Ignacio Vicente González was taken on 13 November 2014, the date on which the requisite majority of Governors' votes was reached.

The term of office of Mr Ignacio Vicente González 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.