The social development bank for Europe


Tomáš Boček re-appointed CEB Vice-Governor for Target Group Countries

16 April 2021

PARIS - At its 228th meeting held today, the Governing Board of the Council of Europe Development Bank (CEB) re-appointed Tomáš Boček to the post of Vice-Governor for Target Group Countries. 

The Vice-Governor for Target Group Countries inter alia ensures the implementation of the CEB’s Development Plan, particularly in relation to the group of target countries; oversees the development of operations in CEB members; and monitors the Bank’s partnership agreements with other multilateral institutions.

Mr Boček, a Czech national, first joined the CEB’s appointed officials in March 2019, having previously served as Special Representative of the Secretary General of the Council of Europe on Migration and Refugees. From 2010 until the end of January 2016 he was Ambassador and Permanent Representative of the Czech Republic to the Council of Europe, in which capacity he also represented the Czech Republic to the Governing Board of the CEB. During the period 2013-2015, he was Vice-Chairperson of the CEB’s Governing Board. 

Set up in 1956, the CEB (Council of Europe Development Bank) has 42 member states. Twenty-two Central, Eastern and South Eastern European countries, forming the Bank's target countries, are listed among the member states. As a major instrument of the policy of solidarity in Europe, the Bank finances social projects by making available resources raised in conditions reflecting the quality of its rating (Aa1 with Moody's, outlook stable, AAA with Standard & Poor's, outlook stable, AA+ with Fitch Ratings, outlook stable and AAA* with Scope Ratings, outlook stable). It thus grants loans to its member states, and to financial institutions and local authorities in its member states for the financing of projects in the social sector, in accordance with its Articles of Agreement.