In the recent French cabinet reshuffle, Michel Sapin was appointed Minister of Finance and Public Accounts.

Mr Sapin becomes the new EIB Governor for France.

Prior to this appointment, Mr Sapin had been Minister of Labour, Employment, Vocational Training and Social Dialogue since 2012. From 2000 to 2002 he was Minister for the Civil Service and State Reform, and from 1992 to 1993, Minister of the Economy and Finance.  He was also Minister of State at the Justice Ministry from 1991 to 1992.

Mr Sapin has been President of the Community of Municipalities of the Argenton-sur-Creuse region since 1995, Mayor of Argenton-sur-Creuse (Indre department) and MP for the Indre department since 2007.

From 2004 to 2007, Mr Sapin was Chairman of Avenir Rail, and from 1998 to 2000 First Vice-President of the Association of French Regions (ARF).  From 1994 to 1995, he was a member of the Bank of France’s Monetary Policy Committee.

Mr Sapin is a graduate of the Paris Institute of Political Studies and has a post-graduate research degree in geography. He is a former student of the École nationale d’administration (Voltaire class) and the rue d’Ulm École normale supérieure.