Nieuw hoofd voor afdeling Kapitaalmarkt van EIB (en)
EIB i today announced that Barbara Bargagli-Petrucci, currently Director and Head of the Capital Markets Department at the EIB will go into retirement. She will be succeeded by Eila Kreivi, currently Head of Funding for the Americas, Asia & Pacific at the EIB. The succession will take place effective 1 April 2011.
Bertrand de Mazières, Director General of Finance, said:
“Barbara brought great distinction to this critical role. She fundamentally re-developed the funding strategy and brought it to fruition over the last decade. This strategy has weathered even the worst financial crisis in living memory. She has steered the issuance programme to new heights, including the development of benchmark status in major currencies, innovation in other currencies and the introduction of new products and distribution mechanisms. She also cultivated an admirable spirit of partnership between the market and EIB. She will be greatly missed and we wish her well in the new chapter of her life.”
“Eila’s appointment promises a smooth transition, given her very strong experience in the capital markets, including an excellent track record at the EIB. We are delighted that she will bring her distinguished skill-set to this role, and are confident that she will make a valuable contribution to the further evolution of EIB’s funding activities.”
Contact:
Investor relations: Tel +352 4379 53000
Background information About Barbara Bargagli-Petrucci
Barbara Bargagli-Petrucci joined the EIB in October 1994 as Head of Division of Capital Markets. Mrs Bargagli-Petrucci was nominated as Director of the Capital Markets Department in December 2000. Her professional background includes four years at Deutsche Bank, in the Corporate Finance Department, and ten years with Credit Suisse First Boston, as Head of the Capital Markets and Syndicate Department in Frankfurt. She holds a Master of Science degree in Economics from Frankfurt University.
Eila Kreivi worked as Head of Funding for the Americas, Asia & Pacific for 7 years at the EIB. Prior to joining the EIB 1995, Ms Kreivi worked at the Union Bank of Finland and Société Générale, in several domains including commercial banking, derivative products, treasury and capital markets. She holds a Master of Science degree in Economics from the University of Abo Akademi in Finland.
The European Investment Bank, based in Luxembourg, was set up in 1958 under the Treaty of Rome. Owned by the European Union Member States, the EIB is the EU’s long-term lending institution, financing projects that promote European economic development and integration. Besides supporting projects in the Member States, its main lending priorities include financing investments in future Member States of the EU and EU Partner countries. Bank’s consistent AAA rating is underpinned by firm shareholder support, a strong capital base, exceptional asset quality, conservative risk management and a sound funding strategy.