Nobel Peace Laureate Professor
Muhammad Yunus addressed a roundtable meeting organised to allow the top
executives of the bank to exchange ideas with him, by the President of
the European Investment Bank, Mr. Werner Hoyer at his office on March 5,
2012 in Luxembourg. Professor Muhammad Yunus elaborated the concept of
social business to the group and proposed various actions by the bank to
facilitate social businesses. President Hoyer showed his deep interest
in playing a pioneering role as facilitator of Social Business in
Europe. He also expressed his interest in creating a fund to support
social businesses. Other than the president, several senior officials of
EIB group took part in the discussion, including Vice President
Plutarchos Sakellaris, CEO of the European Investment Fund, Richard
Pelly, Director General Operations outside European Union, Tamsyn
Barton, Rémy Jacob, Dean of EIB Institute.
The European Investment Bank (EIB) is
the European Union's financing institution. Its shareholders are the 27
Member States of the Union, which have jointly subscribed its capital.
The EIB's Board of Governors is composed of the Finance Ministers of
these States. The EIB's role is to provide long-term finance in support
of investment projects. The EIB works closely with the other EU
institutions, especially the European Parliament, the European Council
and the European Commission. The European Investment Fund is a
subsidiary of the EIB.
