MIL OSI – Source: European Investment Bank –
Headline: Petr Pavelek, full member of the Board of Directors
By letter dated 25 April 2016, the Czech Republic nominated, Mr Petr PAVELEK (Director of the Debt and Financial Assets Management Department, Ministry of Finance) for appointment as a Full Member of the Board of Directors of the EIB to succeed Mr Jan GREGOR, who had tendered his resignation with effect on 6 May 2016.
By letter dated 27 April 2016, the Board of Governors was invited to vote on the proposed appointment.
The decision to appoint Mr Petr PAVELEK was taken on 12 May 2016, the date on which the requisite majority of Governors’ votes was reached.
The term of office of Mr Petr PAVELEK will expire in 2018 at the end of the day either of the Annual Meeting or of the approval of the financial statements for the previous financial year, whichever is the later.
The minutes of this decision are being drawn up and will be submitted for signature to the Chairman of the Board of Governors.
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