Jan Vapaavuori is appointed Member of the Management Committee
10 July 2015
On the basis of a nomination from the Republic of Finland, by common accord with the Republic of Estonia, the Republic of Latvia, the Republic of Lithuania, the Republic of Austria and the Kingdom of Sweden, the Board of Directors decided on 17 June 2015 to submit the candidature of Mr Jan Vapaavuori to the Board of Governors for the post of Vice-President and Member of the Management Committee, to succeed Mr Wilhelm Molterer, who has tendered his resignation with effect from 1st September 2015.
The written procedure inviting the Board of Governors to vote on this proposal was launched on 25 June 2015.
The decision to appoint Mr Jan Vapaavuori was taken on 9 July 2015, the date on which the requisite majority of votes was reached. Mr Jan Vapaavuori has therefore been appointed as Vice-President and Member of the Management Committee, taking up his post with effect from 1st September 2015.
The Board of Governors also conferred the title of Honorary Vice-President on Mr Wilhelm Molterer.
The EIB Group has stepped up its level of precaution at its headquarters in Luxembourg and in its external offices. All staff will telework as of 16 March. A small number of staff whose physical presence on EIB premises is indispensable will continue to be present on the EIB campus. The decision aims to protect the health of employees and ensure the continuity of the EIB Group’s activity.
On Wednesday the EIB identified its first case of one staff member who tested positive for corona virus.
As a precautionary measure, the EIB decided not to hold the meeting of its Board of Directors planned for Thursday 12 March in person. Decisions on the Board’s agenda will be taken by written procedure. The Bank has put in place measures to prevent disruption to its governance or operation approval schedule.
On Monday 2 March, the former President of the European Council, Donald Tusk, visited the EIB in Luxembourg on a joint invitation from the Bank, the European Stability Mechanism (ESM) and the Court of Auditors.