Werner Hoyer
Werner Hoyer (born 17 November 1951) is a German economist and politician of the Free Democratic Party (FDP) who has served as President of the European Investment Bank (EIB) since 2012. Education and early career Hoyer graduated as an economist at the University of Cologne in 1974, and worked as a scientific assistant there until 1984. He earned from the same university a PhD degree in economics (i.e. German doctorate Dr. rer. pol.) in 1977, with a dissertation called Vermögenseffekte des Geldes – Theoretische Ansätze zur Rolle des Geldes als Vermögensobjekt im Wirtschaftsprozess (Wealth Effects of Money – Theoretical Approaches to the Role of Money as a Capital Property in the Economic Process). From 1985 to 1987, he worked with the Carl Duisberg Society in Cologne. He taught international economics at the University of Cologne until 1994. Hoyer is a member of the Union of European Federalists (UEF). Political career In 1972, Hoyer became a member of the FDP, and was a board member of the Young Liberals from 1983 to 1986. He chaired the local party board in Cologne from 1984 to 1992, and became a member of the FDP board in North Rhine-Westphalia in 1984 and the federal