European Investment Bank - President
Dr. Werner Hoyer is the President of the European Investment Bank (EIB). He took up the post on 1 January 2012 for an initial term of six years and was re-appointed for a second term in office, with effect from 1 January 2018.
Dr. Hoyer has overseen a significant expansion and transformation of the Bank. One of the most notable successes under his tenure has been the European Fund for Strategic Investments, a key initiative to foster job creation and economic growth in the EU.
Under Dr. Hoyer’s leadership, the EIB has also consolidated its position as the leading multilateral provider of climate finance worldwide. In 2019, the EIB set a world precedent in the fight against climate change by announcing that it will end financing for fossil fuel energy projects by the end of 2021 and support €1 trillion of climate action and environmentally sustainable investment in the decade to 2030.
Prior to being appointed President of the European Investment Bank (EIB) in 2012, Hoyer served as Minister of State at the German Ministry of Foreign Affairs from 1994 to 1998, and then from 2009 to 2012. During his second time as Minister of State, he was Germany’s official in charge of German-French relations. He has been a member of the Bundestag since 1987, and served as chief whip from 1989 to 1993 and his party’s spokesman for security policy from 1990 to 1994. From 2002 to 2009, he was deputy chair of the FDP parliamentary group in the Bundestag. Between 2005 and 2009, he also served as Deputy Chairman of the German-American Parliamentary Friendship Group.