Vice-President Fayolle’s areas of oversight include financing innovation, science, education, digital, health and technology, new products and special transactions, microfinance, European Fund for Strategic Investments (EFSI), development (policy and horizontal issues), planning, budget and cost support to President Hoyer (jointly with Vice-President McDowell), relations with international financial institutions and financing operations in France, Germany, the ACP countries and OCTs (except the Caribbean States and the Community of Latin American and Caribbean States (CELAC)) and South Africa.