Administrative Council
The powers of the Administrative Council are described in Article X of the Articles of Agreement. The Administrative Council consists of a Chairperson and one representative for each member state.
The Administrative Council exercises the powers delegated to it by the Governing Board, establishes and supervises operational policies, approves investment projects submitted by the governments. It votes on the Bank's operating budget. Its Chairperson is elected by the Governing Board.
Composition
Last update: 3/2/2026
CHAIRPERSON
Wioletta BARWICKA-LOFTHOUSE (Poland)
Former Executive Board Director (for Poland, Bulgaria and Albania) at EBRD, London
VICE-CHAIRPERSON
José Vicente PÉREZ LÓPEZ (Spain)
Deputy Director General for Multilateral Financial Institutions, General Secretariat of the Treasury and International Finance, Ministry of Economy, Trade and Business, Madrid
Albania
Endrit YZAIRAJ
Deputy Minister, Ministry of Finance, Tirana
Andorra
Lorena JORDANA CARMONA
State Secretary for International Financial Matters, Ministry of Finance, Andorra La Vella
Belgium
Philippe NIZEYIMANA
Advisor, International and European Financial Affairs, Federal Public Service Finance - Treasury, Brussels
Bosnia and Herzegovina
Dejan MIKEREVIĆ
Full Professor, Faculty of Economics of the University of Banja Luka, Banja Luka
Bulgaria
Gergana BEREMSKA
Director, Directorate of International Financial Institutions and Cooperation, Ministry of Finance, Sofia
Croatia
Stipe ŽUPAN
State Secretary, Ministry of Finance, Zagreb
Cyprus
Avgi CHRYSOSTOMOU-LAPATHIOTIS
Director, Financial Services Directorate, Ministry of Finance, Nicosia
Czech Republic
Petr PAVELEK
Department Director, Debt and Financial Assets Management Department, Ministry of Finance, Prague
Denmark
Steen Ryd LARSEN
Advisor, Ministry of Finance, Copenhagen
Estonia
Laura TOOMLAID-PALS
Adviser, EU and International Relations Department, Ministry of Finance, Tallinn
Finland
Jouni SINIVUORI
Financial Counsellor, International Financial Affairs, Ministry of Finance, Helsinki
France
Pierre-Marie VOEGELI
Head of the Bilateral European relations and EU financial instruments - EUROPE 3, Treasury Department, Ministry of the Economy, Finance and Industrial and Digital Sovereignty, Paris
Georgia
Ekaterine GUNTSADZE
Deputy Minister, Ministry of Finance, Tbilisi
Germany
Markus HÖRMANN
Head of Division (VII D 2), Ministry of Finance, Berlin
Greece
Angelos VOURVACHIS
Head of Independent Department for International Financial Institutions & Development Banks, Ministry of Economy & Finance, Athens
Holy See
Marco GANCI
Special Envoy and Permanent Observer of the Holy See to the Council of Europe, Strasbourg
Hungary
Márton BÓKAY
Deputy State Secretary, Ministry for National Economy, Budapest
Iceland
Elín FLYGENRING
Ambassador for Human rights, Directorate for International Affairs and Policy, Ministry for Foreign Affairs, Reykjavík
Ireland
Leonard WALL
International Financial Division, Department of Finance, Dublin
Italy
Manuela NENNA
Director General, International Financial Relations Directorate, Department of the Treasury, Ministry of Economy and Finance, Rome
Kosovo
Dije RIZVANOLLI
Acting Head of Division, International Financial Cooperation, Ministry of Finance, Pristina
Latvia
Liene VĪTOLA
Head of International Financial Institutions Division, Financial Market Policy Department, Ministry of Finance, Riga
Liechtenstein
Domenik WANGER
Ambassador Extraordinary and Plenipotentiary, Permanent Representative of Liechtenstein to the Council of Europe, Strasbourg
Lithuania
Darius TRAKELIS
Director, EU and International Affairs Department, Ministry of Finance, Vilnius
Luxembourg
Arsène JACOBY
Director, Multilateral Affairs, Development and Compliance, Ministry of Finance, Luxembourg
Malta
Joseph FILLETTI
Former Permanent Representative of Malta to the Council of Europe, St. Julian’s
Republic of Moldova
Ion GUMENE
State Secretary, Ministry of Finance, Chişinău
Montenegro
Milica ADŽIĆ
Acting as State Secretary, Treasury, Debt Management, IPA funds, Ministry of Finance, Podgorica, Ministry of Finance, Podgorica
Netherlands
Eva VAN SOERLAND
Policy Officer - Multilateral Development Banks, Multilateral Institutions and Human Rights Department, International Financial Institutions Division, Ministry of Foreign Affairs, The Hague
North Macedonia
Suzana PENEVA
State Adviser for international finance and harmonization with EU, and decentralized management with EU funds, Ministry of Finance, Skopje
Norway
Anne Kristin HERMANSEN
Senior Adviser, Section for Multilateral Development Banks, Ministry of Foreign Affairs, Oslo
Poland
Małgorzata GROTTE
Deputy Director, International Cooperation Department, Ministry of Finance, Warsaw
Portugal
José AZEVEDO PEREIRA
Director General, Office for Economic Policy and International Affairs, Ministry of Finance, Lisbon
Romania
Boni CUCU
General Director, International Financial Relations General Directorate, Ministry of Public Finance, Bucharest
San Marino
Nicola CECCAROLI
Counsellor, Ministry of Finance, San Marino
Serbia
Ana TRIPOVIĆ
State Secretary, Ministry of Finance, Belgrade
Slovak Republic
František PALKO
Advisor, Budget Policy Section, Ministry of Finance, Bratislava
Slovenia
Barbara KNAPIČ NAVARRETE
Financial System Directorate, Ministry of Finance, Ljubljana
Spain
José Vicente PÉREZ LÓPEZ
Deputy Director General for Multilateral Financial Institutions, General Secretariat of the Treasury and International Finance, Ministry of Economy, Trade and Business, Madrid
Sweden
Elin BERGMAN
Deputy Head of Unit, Division for Governance and International Economic Cooperation, International and Economic Affairs Department, Ministry of Finance, Stockholm
Switzerland
Ivan PAVLETIC
Head, Multilateral Cooperation, State Secretariat for Economic Affairs, Economic Cooperation and Development, Bern
Türkiye
Kerem DÖNMEZ
Acting Director General for Foreign Economic Relations, Ministry of Treasury and Finance, Ankara
Ukraine
Olha ZYKOVA
Deputy Minister of Finance, Ministry of Finance, Kyiv
Meetings in 2026
29-30 January
16 March
25-26 June
1-2 October
19-20 November