European Investment Fund; EIF - Chief Executive - Luxembourg

European Investment Fund (EIF) - Chief Executive

This position is based at our Luxembourg headquarters and requires regular office presence. The EIB Group offers you the opportunity to live and work in a truly international and multi-cultural environment. We also offer relocation support.

According to the Statutes of the EIF, the European Investment Bank (EIB), as majority shareholder of the EIF, nominates its Chief Executive which is appointed by the EIF Board of Directors.

The appointment is for a term of up to five years.

This is a full-time position at grade 9.

Applicants will receive initial feedback by end of July.

The European Investment Bank Group is the financing arm of the European Union.

The European Investment Fund (EIF) is the subsidiary of the EIB Group specialised in providing guarantees, securitisations and equity to improve access to finance for small and medium‑sized businesses and start‑ups across Europe. Acting as an anchor investor, through its extensive network of partnering banks and investment funds, the EIF mobilises private investment and nurtures the ecosystem of venture capital funds to support innovative European enterprises.

As the Chief Executive, you will lead the organisation, manage its budget and staff and oversee the use of EIF’s capital. You will be responsible for the EIF’s success in supporting EU policy objectives, and for its financial performance as well as product and market development in support of SMEs, start‑ups and scale‑ups.

You will provide support and leadership to EIF teams across the institution, drive the business and optimise operations by ensuring cost effectiveness while maintaining a strong policy focus and a robust internal control framework.

The Chief Executive will lead the EIF’s contribution to the European Union’s Savings and Investment Union, strengthening Europe’s venture and growth‑capital ecosystem and mobilising private investment with the necessary scale and speed to support innovation, competitiveness and strategic autonomy across the European Union.

Working closely with the management team of the EIF and the EIF staff to sustain the organisation’s positive, service‑oriented, and collaborative working environment, you will drive the institution towards an agile, efficient, and data‑driven decision‑making organisation in accordance with the EIB Group’s digital transformation strategy. This will keep the EIF on a path of sustainable growth while creating new value for staff, clients, mandators and shareholders.

The development of new products which are better adapted to serve the end beneficiaries, SMEs, start‑ups and scale‑ups, and the intermediaries, inter alia banks, guarantee institutions and venture capital funds, will be important.

This position champions strategic foresight, deep understanding of institutional priorities and trusted relationships with internal and external stakeholders to achieve long‑term objectives. As a key actor within the EIB Group, you will also foster synergies and close co‑operation with the management and staff of EIB and work closely with the European Commission and other shareholders.

Reporting directly to the EIF Board of Directors and representing the EIF in its relations with third parties, you will be responsible for external relations and for building positive partnerships and networks with external stakeholders, EIF’s shareholders and clients. The EIF’s institutional relations with other European Union Institutions will also fall within your remit, in close collaboration with the EIB Group Brussels office, and via the network of the EIB Group’s local offices.

You will work together with the senior management of the EIB, as parent entity of the Group, including with the EIB President and EIB Management Committee members, and with external counterparts and shareholders at the highest decision‑making level.

You will engage in good co‑operation with the Audit Board of the EIF. A robust co‑operation with the Audit Committee of the EIB will be necessary in the context of EIB’s Review and Evaluation supervisory process (EIB-REP), Best Market/Banking Practices (BMP/BBP) framework…