By letter dated 6 April 2016, the Slovak republic nominated, Mr Ivan Lesay (State Secretary of the Ministry of Finance) for appointment as a Full Member of the Board of Directors of the EIB to succeed Ms Katarina Kaszasová, who had tendered her resignation.

By letter dated 18 April 2016, the Board of Governors was invited to vote on the proposed appointment.

The decision to appoint Mr Ivan Lesay was taken on 3 May 2016, the date on which the requisite majority of Governors' votes was reached.

The term of office of Mr Ivan Lesay 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.