About EIF
Management
European Investment Fund is managed by the following authorities:
Further control and evaluation is carried out by several different authorities.
The Chief Executive is responsible for the day-to-day management of the Fund. The Chief Executive reports to a Board of Directors, which brings together members designated by the three shareholder groups 10-12 times a year. In addition to its supervisory role, the Board of Directors is responsible for approving EIF's operations.
EIF's Shareholders meet once a year in the General Meeting, in particular to approve the Annual Report and accounts as audited by the Audit Board. Shareholders also meet for information sessions during the year.
The Audit Board's role is to verify that the operations of European Investment Fund have been conducted in compliance with the procedures laid down in its statutes and the rules of procedure and that its books kept in a proper manner. The Audit Board is an independent body appointed by, and answerable directly to, the General Meeting of EIF.