Former finance minister becomes European Investment Bank vice-president

Jakub Kamiński/PAP

Teresa Czerwinska, a management board member of the National Bank of Poland (NBP) and a former finance minister, will become a vice-president and management committee member of the European Investment Bank (EIB) from March 1, the EIB announced on Thursday.

"The EIB’s Board of Governors appointed Mrs Czerwińska (...) on a proposal from the Finance Minister of the Republic of Poland," the EIB wrote on its website.

Czerwinska served as Poland's minister of finance from January 2018 to June 2019 and on June 4 President Andrzej Duda appointed her as a board member of the NBP. In early February, current Finance Minister Tadeusz Koscinski presented Czerwinska's candidature for the position of EIB vice-president and management committee member.

"I am delighted and deeply honoured to join the bank of the European Union at a pivotal time for this institution. The EIB fosters long-term investments in four well-known priority areas - infrastructure, climate and environment, innovation and small and medium-sized businesses. It thus contributes to the prosperity, competitiveness and balanced territorial development of countries and regions in Europe and beyond. The EIB has also a huge role to play in facilitating the implementation of the European Green Deal. All these tasks are of colossal importance now – I am extremely happy to be a part for this great endeavour and work with the EIB team for the success and well-being of our citizens,” Czerwinska was quoted on the EIB website as saying.