Re-appointment of the EFSI Managing Director

Summary

The European Parliament has approved the re-appointment of Wilhelm Molterer as the Managing Director of the European Fund for Strategic Investments (EFSI) following a transparent selection process.
10 23.10.2018
Other
economy
finance
european union
public administration

Key points

  • The European Parliament has officially given its consent to re-appoint Wilhelm Molterer as the Managing Director of the EFSI.
  • The appointment process is governed by specific EU regulations that require an open and transparent selection process.
  • A formal hearing was conducted by the Committee on Budgets and the Committee on Economic and Monetary Affairs to evaluate the candidate.
  • The Managing Director is appointed for a fixed term of three years, which can be renewed once.
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