Marjut Falkstedt appointed as Chief Executive of the European Investment Fund

Marjut Falkstedt has been appointed as Chief Executive of the European Investment Fund (EIF) by the EIF’s Board of Directors. She will take up her duties on 1st January 2023.

EIF, Europe’s largest venture capital and private equity financier, plays a leading role in facilitating access to finance via EU programmes for Europe’s micro, small and medium-sized businesses.

Marjut Falkstedt assumes the leadership of the EIF ahead of the roll-out of the European Tech Champions Initiative (ETCI) aimed at providing crucial financing for Europe’s high-tech companies in their late-stage development. She will also be in charge of coordinating the EIF’s contribution to the European Investment Bank Group’s support package for the REPowerEU plan, in the form of equity investments to clean energy ventures and innovative green funds.

A Finnish national currently serving as Secretary General of the EIB, Marjut Falkstedt began her career at Dresdner Bank before joining the Directorate-General for Economic and Financial Affairs at the European Commission in 1996. She held various roles in the field of SME and infrastructure financing until 2013 and was also advisor to the European Commission’s representatives on the Board of Directors of the European Investment Fund (EIF), part of the EIB Group, between 2001 and 2007. From 2013 to 2015, Marjut (previously known as Marjut Santoni) was Deputy Chief Executive of the EIF, before being appointed to the position of Deputy Secretary General of the EIB in September 2015. She was promoted to Secretary General at the EU Bank in 2018.