Since 2018, the European Investment Bank (EIB) has published an annual diversity and inclusion report to demonstrate the progress made. The Bank continues to strengthen its efforts and embed the concept of diversity and inclusion within the fabric of the institution.
Gender balance further improved in 2020 at senior officer and officer level. Although the percentage of management positions held by women remained stable, two of the three externally recruited candidates at management level were women. To help reach its 2021 targets, significant efforts were made across the Bank to make sure diversity and inclusion are always considered in all key HR processes. In addition, further initiatives aimed at boosting gender balance at all levels of the organisation have been introduced.
The EIB sees impressive female leadership
The Management Committee is the European Investment Bank’s (EIB) permanent collegiate executive body. It has nine members - a third are women.
Under the authority of the President and the supervision of the Board of Directors, it oversees the day-to-day running of the EIB, prepares decisions for Directors and ensures that these are implemented. The President chairs the meetings of the Management Committee. The members of the Management Committee are responsible solely to the Bank; they are appointed by the Board of Governors, on a proposal from the Board of Directors, for a renewable period of six years.
The EIB's Management Committee sees a number of women
The EIB has an ongoing commitment to gender parity at all levels of the organisation.
Meet Vice-President Lilyana Pavlova
Vice-President Lilyana Pavlova's areas of oversight include the Cohesion policy, financing of Economic and Social Cohesion; Advisory services (EIAH, JASPERS, ELENA, EPEC, InnovFin, JESSICA); Digital transformation, IT and data governance, EIB Global (pre-accession policy; Western Balkans Investment Facility (WBIF); development policy remains with Vice-President Fayolle and Vice-President Östros); financing operations in Bulgaria, Cyprus, the Czech Republic, Slovakia, Slovenia, the Western Balkans and Turkey. Vice-President Pavlova is alternate Governor of the EBRD and oversees relations with the Vienna Initiative, the Black Sea Trade and Development Bank (BSTDB) and the Strategy for the Danube region.
Meet Vice-President Teresa Czerwińska
Vice-President Teresa Czerwińska’s areas of oversight include financing of science, education, innovation and the digital economy, InvestEU (implementation, jointly with Vice-President Mourinho Félix who has overall responsibility for the Multiannual Financial Framework — MFF), implementation of three lines of defence (3LoD), financing operations in Croatia, Hungary, Poland, the Eastern Partnership countries (Armenia, Azerbaijan, Belarus, Georgia and Ukraine), Central Asia, China and Mongolia, relations with the Asian Infrastructure Investment Bank (AIIB).
Meet Vice-President Gelsomina Vigliotti
Vice-President Gelsomina Vigliotti's areas of oversight include financing of SMEs and mid-caps, equity and equity-type products, EIB-EIF cooperation, counterpart monitoring and restructuring, new products and special transactions, microfinance, financing operations in Italy, Malta, Egypt, Israel, Jordan, Lebanon, Libya*, Palestine and Syria.
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Disclosure: Where Women Work researches and publishes insightful evidence about how its paid member organizations support women's equality.