Head of Regional Development Division

This position is based at our Luxembourg headquarters and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment. We also offer relocation support.
The EIB, the European Union's bank, is seeking to recruit for its Projects Directorate (PJ), Housing, Cities and Region Department (HCR), Regional Development Division (REGDEV) at its headquarters in Luxembourg, a Head of Regional Development Division*.
This is a full at grade 7 for which the EIB offers a permanent contract.

• Internal benchmark Division Head Sector Economist

Assessment Centres for selected applicants would take place in November.
Panel interviews are anticipated for December.

Purpose

The European Investment Bank (EIB) Group is the financing arm of the European Union, owned by the 27 Member States, and one of the largest multilateral development banks in the world. In 2025, the EIB Group signed €100 billion in new financing and advisory services for over 870 high-impact projects under eight core priorities that support EU policy objectives: climate action and the environment, digitalisation and technological innovation, security and defence, territorial cohesion, agriculture and the bioeconomy, social infrastructure, strong global partnerships and the savings and investments union.
The European Investment Fund (EIF) is the subsidiary of the EIB Group specialised in providing guarantees, securitisation and equity to improve access to finance for small and medium-sized businesses and startups across Europe. Acting as an anchor investor, through its extensive network of partnering banks and investment funds, the EIF mobilises private investment and nurtures the ecosystem of venture capital funds to support innovative European entrepreneurs.
The EIB Group operates across Europe and beyond, with 68 offices worldwide. The EIB employs approximately 4,400 staff, while the EIF employs around 735. This international presence supports the Group’s ability to mobilise investment across markets and regions. At the same time, its activities remain strongly focused on the European Union, with EU Member States accounting for around 90% of EIB lending.
The Projects Directorate (PJ) appraises and monitors projects, assessing their economic, environmental, social and technical sustainability and their compliance with EU and EIB sector policies. It also provides advice to promoters on the preparation and implementation of projects, either directly or through external consultants.
The selected candidate will lead, coordinate and supervise the work of the Regional Development Division, which assesses the viability of multi-sector and multi-scheme investment in regional development programmes and provides advisory support and policy-related inputs to cohesion, just transition, disaster risk management/preparedness, fragility and economic resilience, both inside and outside the EU, in accordance with Bank and PJ procedures.

Operating Network

The Head of Division reports to the Director of the HCR Department and cooperates closely with the other Divisions in the Department and with other Bank services participating in the lending, advisory, policy development, monitoring and governance processes. The HoD leads a multidisciplinary team of economists, engineers, sector specialists and related support staff. The post requires the ability to manage a broad and evolving portfolio covering regional development, cohesion, just transition, disaster risk management/preparedness, economic resilience and multi-sector public infrastructure operations, including Framework Loans and Structural Programme Loans. The jobholder is expected to maintain external contacts with public authorities, regional and local authorities, EU institutions, international organisations and other IFIs/MDBs as appropriate. Some travel and occasional work outside core hours may be required in line with business needs.

Accountabilities

• Foster a culture of respect, openness and transparency, accountability, compliance with applicable regulatory, ethics and integrity rules, collaboration, inclusion, learning, creativity, collaboration and knowledge sharing, innovation and continuous improvement of processes and working methods.
• Plan, organise, manage and control the activities of the Division. Allocate responsibilities, set objectives and evaluate the performance of the Division's staff. Ensure effective cooperation among team members and other Bank staff, as well as the dissemination and cross-fertilisation of information inside and outside the Division, as necessary.
• Select, manage, supervise and develop staff within the Division in order to ensure they have the right competencies, objectives and motivation to implement the relevant strategy and policies and deliver results.
• Contribute to