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Wolfgang Roth, EIB Vice-President from March 1993 to June 2006 ©EIB

The Board of Directors decided, on 2 March 2005, to submit a proposal to the Board of Governors for the renewal of the term of office of Mr Wolfgang Roth as Vice-President and Member of the Management Committee, for a further period of six years commencing on 1 April 2005.

The written procedure inviting the Board of Governors to vote on the proposed renewal was launched on 3 March 2005.

The decision to reappoint Mr Roth was taken on 31 March 2005, the date on which the requisite majority of votes was reached. The term of office of Mr Roth has therefore been renewed as from 1 April 2005.