Werner Hoyer

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Werner Hoyer
Hoyer in 2017
President of the European Investment Bank
In office
1 January 2012 – 1 January 2024
Preceded byPhilippe Maystadt
Succeeded byNadia Calviño
Minister of State for Europe
In office
28 October 2009 – 31 December 2011
ChancellorAngela Merkel
Preceded byGünter Gloser
Succeeded byMichael Georg Link
In office
17 November 1994 – 27 October 1998
ChancellorHelmut Kohl
Preceded byHelmut Schäfer
Succeeded byLudger Vollmer
Member of the Bundestag
for North Rhine-Westphalia
In office
25 January 1987 – 1 January 2012
ConstituencyFree Democratic List
Personal details
Born (1951-11-17) 17 November 1951 (age 72)
Wuppertal, West Germany
(current-day Germany)
Political partyFree Democratic Party
EducationUniversity of Cologne

Werner Hoyer (born 17 November 1951) is a German economist and politician of the

Free Democratic Party (FDP) who served as President of the European Investment Bank (EIB) between 2012 and 2023.[1]

Education and early career

Hoyer graduated as an economist at the

Union of European Federalists (UEF)
.

Political career

In 1972, Hoyer became a member of the FDP, and was a board member of the

European Liberal Democrat and Reform Party
.

Member of the German Bundestag, 1987–2012

Hoyer first became a member of the Bundestag in the 1987 elections, and served as chief whip from 1989 to 1993 and his party's spokesman for security policy from 1990 to 1994. From 2002 to 2009, he was deputy chair of the FDP parliamentary group in the Bundestag under the leadership of successive chairmen Wolfgang Gerhardt (2002-2006) and Guido Westerwelle (2006-2009). Between 2005 and 2009, he also served as Deputy Chairman of the German-American Parliamentary Friendship Group.

Minister of State at the Federal Foreign Office, 1994–98

From 1994 to 1998, Hoyer was Minister of State at the

Fifth Kohl Cabinet under Foreign Minister Klaus Kinkel. In this capacity, he was the German representative in a high-level working group chaired by Spanish foreign minister Carlos Westendorp and set up to prepare the negotiations on treaty change which led to the Treaties of Amsterdam and subsequently, Nice.[3] In 1996, he was the German negotiator during an intergovernmental conference in Turin that was aimed at improvements in the European Union's decision-making processes, including the establishment of a High Representative of the Union for Foreign Affairs and Security Policy.[4] He also repeatedly reiterated German determination to enter a single currency – the Euro – by 1999.[5]

Minister of State at the Federal Foreign Office, 2009–12

From October 28, 2009 Hoyer was Minister of State at the

Second Cabinet Merkel under Foreign Minister Guido Westerwelle. During that time, he was Germany’s official in charge of German-French relations.[6]
He resigned in 2012.

In August 2011, Hoyer issued a tough statement criticizing plans by

European law.[7]

President of the European Investment Bank, 2012–2023

European Investment Bank president Hoyer at a Donor's conference in 2019.

On the basis of a nomination by the German government, Hoyer was appointed as President and Member of the Management Committee of the European Investment Bank in 2012, succeeding Philippe Maystadt.[8] His competitors for the post were Maystadt himself and Magdalena Álvarez, at the time one of the EIB's eight vice-presidents.[9] In 2017, Hoyer was re-appointed for a second six-year term.[10]

In 2012, Hoyer called for a new Marshall Plan – a reference to the US-financed programme that revived European economies after World War II – to be launched to reanimate the Greek economy, involving both private and public investment. He said the EIB had the resources to invest in Greek infrastructure and support Greek banks to revive lending to businesses.[11]

Following his party’s strong performance in the 2017 German elections, Hoyer was cited as a possible candidate to succeed Wolfgang Schäuble and take over as Federal Minister of Finance.[12]

During his last annual results press conference in 2023, Mr. Hoyer unveiled the new EIB logo. [13]

Other activities

Personal life

Hoyer is married and has two children.

References

  1. ^ See "Neuer Präsident der Europäischen Investitionsbank: Werner Hoyer". European Movement Germany. 2012-01-04. Retrieved 2012-01-04.
  2. ^ CV Dr. Werner Hoyer - website of the University of Hildesheim
  3. ^ Tom Buerkle (September 6, 1995) Britain and Germany Balk at EU Proposal: Cool Reception for Jobless Plan International Herald Tribune.
  4. ^ Tom Buerkle (March 29, 1996) EU Talks Opening With Ministers Dubious About Reforms International Herald Tribune.
  5. ^ Tom Buerkle (December 15, 1995) Talk of Currency Delay Grows Louder International Herald Tribune.
  6. New York Times
    .
  7. ^ Stephen Castle and Judy Dempsey (August 11, 2011), Spain Gets Approval to Keep Romanians Out International Herald Tribune.
  8. ^ Appointment of Werner Hoyer as President and Member of the Management Committee EIB, press release of January 2, 2012.
  9. ^ Sylvia Westall (November 30, 2011), Germany nominates Europe expert to head EIB Reuters.
  10. ^ Florian Eder (July 27, 2017), Hoyer gets second term as the EU’s banker Politico Europe.
  11. ^ Quentin Peel (November 30, 2011), Germans revive Greek Marshall Plan idea Financial Times.
  12. ^ George Georgiopoulos and Karolina Tagaris (September 29, 2017), Hoyer, asked on German finmin post, says 'extremely happy' at EIB Reuters.
  13. ^ "2023 EIB annual results press conference".{{cite web}}: CS1 maint: url-status (link)
  14. ^ Honorary Council European Movement International.
  15. ^ Board of Trustees Friedrich August von Hayek Foundation.
  16. ^ Boards German Council on Foreign Relations (DGAP).

External links

Media related to Werner Hoyer at Wikimedia Commons

Civic offices
Preceded by President of the European Investment Bank
2012–present 		Incumbent