Shiva Dustdar is the new Director and Head of the EIB Institute and the first woman to lead this key pillar of the EIB Group’s community and citizen engagement. She succeeds Francisco De Paula Coelho, who retired after heading the Institute since 2016.
“I am very honoured to have been appointed as the fourth Head of the EIB Institute since its creation in 2012” she said. “I look forward to growing its footprint in innovation, climate and development in the European Union and beyond and further expanding our relations with our host country Luxembourg while building upon its successful Social Innovation Tournament, the EIB Summer School and the Artists’ Development Programme”.
“With the world going through such turmoil, the role of the Institute is ever-more strategically relevant to bringing the EIB and EIF’s impact closer to those most affected by global crises,” she added. “I invite all our stakeholders to help us realise the Institute’s untapped potential.”
A Luxembourg national, Ms Dustdar has over 28 years of experience in the financial industry working for large private and public institutions in New York, London and Luxembourg. Since joining the EIB in 2003, she has worked in risk management, lending, investing and advising in innovative companies.
Before taking on her new position, she led the EIB’s Innovation Finance Advisory (IFA) Division, which she built and scaled up into a successful innovation financing advisory programme covering green, digital, space, gender-smart and health-related sectors.
Shiva Dustdar started her career in 1993 at J.P. Morgan Investment Banking in New York, working in mergers and acquisitions, project finance and emerging markets before joining Fitch Rating Agency in 1999 to set up its European High Yield rating business. She holds a BA (Magna cum Laude) in Economics from Columbia University and an Executive MBA from London Business School (LBS).
She is also a regular speaker on innovation and impact financing, gender-smart investing, digital and green financing. She is actively engaged in networks that promote sustainable and mission-oriented financing.
The EIB Institute was officially launched on 11 June 2012 on the occasion of the first meeting of its Supervisory Board held in the Centre Culturel de Rencontre Abbaye de Neumünster in Luxembourg. The Institute will aim to be a catalyst for social, cultural, educational and research activities pursuing economic and social development in the European Union.
The EIB and the University of Luxembourg have renewed their cooperation agreement covering academic research, teaching and documentation resource sharing. The agreement memorandum was signed by Dean of the EIB Institute Francisco de Paula Coelho and University of Luxembourg Rector Stéphane Pallage at EIB headquarters, opening the October Days for Sustainable Development, a conference organised jointly by the EIB and the University.