How is the EIB governed?
The EIB is governed by the: • Board of Governors – usually the Finance Ministers of the Member States • Board of Directors – 28 members representing each Member State and the European Commission. There are 16 Alternates, meaning that some of these positions will be shared by groupings of States. The Board also has the right to co-opt a maximum of 6 experts (3 Directors and 3 Alternates), who will participate in the Board meetings in an advisory capacity, without voting rights. • Management Committee – the President of the EIB and 8 Vice Presidents • Audit Committee – 3 members and 3 observers appointed by the Board of Governors For further information on this and the structure of the services within the EIB, please see the EIB Organisation Structure pages on the website.
