In accordance with Article 23.a, second paragraph, of the Rules of Procedure of the Bank approved by the Board of Governors on 20 January 2016 and effective as of 1 September 2016, the EIB President has decided to propose to the Board of Governors to appoint Mr Marek BELKA, Mr Pat COX, Ms Kristalina GEORGIEVA, Ms Ariane OBOLENSKY, and Mr Yannis STOURNARAS as Members of the Appointment Advisory Committee.

By letter dated 10 January 2017, the Board of Governors was invited to vote on the proposed appointment.

The decision to appoint Mr Marek BELKA, Mr Pat COX, Ms Kristalina GEORGIEVA, Ms Ariane OBOLENSKY, and Mr Yannis STOURNARAS was taken on 30 January 2017, the date on which the requisite majority of Governors' votes was reached.

The Members of the Appointment Advisory Committee, Mr Marek BELKA, Mr Pat COX, Ms Kristalina GEORGIEVA, Ms Ariane OBOLENSKY, and Mr Yannis STOURNARAS, are appointed for a term of office of six years, with effect from 3 February 2017.