As vice-president, Tanasescu, currently Romania’s IMF representative, will oversee the bank’s activity in Greece, Cyprus, Denmark, Ireland, the ACP (Africa, Caribbean and Pacific) states and South Africa. The EIB has eight vice-presidents.
Tanasescu and other Romanian officials contacted by MEDIAFAX declined to comment.
Mihai Tanasescu started in the Finance Ministry in 1990 and led several departments, including state revenue, state budget and public debt. In 1997, he was selected as Romania’s representative to the World Bank and, between 2000 and 2004, he was minister of finance.
Tanasescu has been Romania’s representative to the International Monetary Fund since 2007.
He is one of three Romanian members of the Trilateral Commission, one of the world’s most influential think-tanks.