OREANDA-NEWS.  The Republic of Malta nominated Mr Stanley MIFSUD (CEO of the Malta Investment Management Co. Ltd - MIMCOL and Advisor to the Minister for Finance) for appointment as a Full Member of the Board of Directors of the EIB to succeed Mr Noel CAMILLERI, who had tendered his resignation.

By letter dated 27 July 2016, the Board of Governors was invited to vote on the proposed appointment.

The decision to appoint Mr Stanley MIFSUD was taken on 19 August 2016, the date on which the requisite majority of Governors' votes was reached.