Nadia Calvino appointed as New President of the European Investment Bank.

In a historic move, Nadia Calvino has been named the new president of the European Investment Bank, taking office on January 1. She succeeds Werner Hoyer to become the eighth president of the EU bank. Notably, Calvino is the first woman and the first Spaniard to lead this prestigious institution, marking a significant milestone in the bank’s history.

President Calvino’s Distinguished Career

Before ascending to this prominent role, President Calviño had a noteworthy tenure as the first vice-president of the government of Spain and minister of economy, trade and enterprise. Her extensive experience extends to various influential positions within the European Commission. Here, she was entrusted with key responsibilities, including roles as deputy director general for financial services, deputy director general for competition, and director general in charge of the budget. Calviño’s early career was rooted in the Spanish ministry for the economy, where her focus areas included foreign trade, economic policy, and competition law.

Following in Werner Hoyer’s Footsteps

Calviño takes the helm from Werner Hoyer, who has been the face of the Bank since 2012. Under Hoyer’s leadership, the European Investment Bank gained a higher public profile, evolving notably into the EU climate bank, a significant shift in its strategic focus.

Educational Background of the New President 

President Calviño’s academic background is as impressive as her professional trajectory. She is a trained economist, having obtained her degree from the Universidad Complutense de Madrid. Additionally, she holds a law degree from the Universidad Nacional de Educación a Distancia, showcasing her diverse and comprehensive educational background.

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