Following the recent elections in the Grand Duchy of Luxembourg, a new government has been formed and Mr Pierre Gramegna was appointed Minister of Finance on 4 December 2013. He also becomes EIB Governor for the Grand Duchy of Luxembourg, succeeding Mr Jean-Claude Juncker.

Before joining the government Mr Gramegna was Director General of the Chamber of Commerce since 2003.

Mr Gramegna also served on the Board of several companies including Cargolux Airlines International SA (as President from 2004 to 2008), Bourse de Luxembourg SA, National Credit and Investment, Ducroire, LuxExpo Luxembourg and BGL BNP Paribas Luxembourg - SA.

A career diplomat, Pierre Gramegna entered in the Ministry of Foreign Affairs in 1983. He was appointed in 1988 Counsellor in Political and Economic Affairs at the Embassy of the Grand Duchy of Luxembourg in Paris and in 1992, as Consul General and Director of the Board of Economic Development in San Francisco.

Between 1996 and 2002, he was Ambassador to Japan and South Korea.

Pierre Gramegna, born in 1958, holds a degree in law and economics (Paris II University) and a Master in Community law.