The European Investment Bank (EIB), the world’s largest multilateral financial institution, will soon appoint a new president.
This process takes place behind closed doors, with the EU’s 27 finance ministers, who make up the board of the EIB, taking a decision between themselves. In the interests of transparency, CGD approached all the shortlisted candidates, to participate in a conversation about their vision for the future of the bank.
The first of these conversations was with Margrethe Vestager. Margrethe is the Executive Vice-President of the European Commission and Commissioner for Competition. She has had a long and illustrious political career, having become a professional politician at the age of 21.
This new appointment will come at a critical time for the bank--and the new president will need to face a series of global challenges head on.
Mikaela Gavas, Managing Director of CGD Europe and Senior Policy Fellow sat down with Margrethe to find out more about her plan to respond to these challenges and set a new course for the bank.