Italian President Napolitano welcomes Hoyer and Scannapieco

27 Multilateral Development Banks (MDBs) and Development Finance Institutions (DFIs), including the European Investment Bank, published their latest report on their collective mobilization of private finance, which increased globally by 12% from the previous year to $71.1 billion in 2022.

Speaking at the annual gathering of global leaders from government, business, and civil society in Davos, Switzerland, Calviño underlined that the Group can help mobilise private and public investment for a range of strategic objectives from security and support for Ukraine to green transition and innovation.

Nadia Calviño took over as president of the European Investment Bank on 1 January, replacing Werner Hoyer. The eighth president of the EU bank, Calviño is the first woman to lead the institution. She is also the first Spaniard to head the Bank.