Home » Business » European Investment Bank: Ioannis Tsakiris was appointed vice president – 2024-05-05 08:42:59

European Investment Bank: Ioannis Tsakiris was appointed vice president – 2024-05-05 08:42:59

On his appointment Ioannis Tsakiris to its Steering Committee, she proceeded European Investment Bank (EIB). Following a decision of the EIB shareholders – i.e. of EU member states – Mr Tsakiris comes from Greece to succeed Christian Kettel Thomsen, who left the bank last year to take up the position of Governor of the Central Bank of Denmark. The new vice president officially took office on May 1.

Ioannis Tsakiris holds an engineering degree and has significant experience at the EIF Group, having worked for 15 years at the European Investment Fund (EIF), before becoming Greece’s Deputy Minister of Development and Investment in 2019. He served in various positions at the EIF, including as Head of the EU’s South East Europe and Neighborhood Department, and has worked in areas spanning a wide range from private equity investment to strategic development.

As a deputy minister of the Greek government from 2019 to 2023, he played a key role in the establishment of the Hellenic Development Bank and the utilization of the resources of the EU structural funds, as well as the Recovery and Resilience Mechanism.

“Having served the EIB Group for most of my career, it is a great honor to join its leadership team,” said Mr. Tsakiris. “Our work delivers tangible benefits to EU citizens, supports businesses every day, strengthens the competitiveness of our economies and facilitates significant investment.”

EIB President Nadia Calviño referred to the internal and external expertise that Mr. Tsakiris will offer. “Ioannis Tsakiris knows how the EIB Group works and has first-hand experience in the development and utilization of our financial instruments” said Ms. Calviño. “It is with great pleasure that I welcome to the Steering Committee this new member who will bring a wealth of expertise and experience.”

The Management Committee is the permanent collective executive body of the EIB. It consists of nine members — the President and eight Vice-Presidents. Under the supervision of the President and under the control of the Board of Directors, the Management Committee ensures the management of the current affairs of the EIB, prepares the decisions of the Board of Directors and ensures the execution of these decisions. Its members are appointed by the Board of Governors, which is made up of EU finance ministers, following a proposal from the Governing Council.

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