Mart Võrklaev (born 30 May 1984) is an

Estonia Estonia, officially the Republic of Estonia, is a country in Northern Europe. It is bordered to the north by the Gulf of Finland across from Finland, to the west by the Baltic Sea across from Sweden, to the south by Latvia, and to the east by Ru ...

n politician currently a member of

XIV Riigikogu XIV Riigikogu is the 14th legislature of the Estonian Parliament (Riigikogu). The legislature was elected after 2019 Estonian parliamentary election, 2019 election. Election results Officers Speaker of the Riigikogu: Henn Põlluaas. List of m ...

Political career

Since 2009, Võrklaev has been a member of

Estonian Reform Party The Estonian Reform Party () is a liberal political party in Estonia. The party has been led by Kristen Michal since 2024. It is colloquially known as the "Squirrel Party" () or as "the Squirrels" (), referencing its logo. It was founded in ...

. From 2012 to 2019, he served as was Mayor of Rae Rural Municipality. Võrklaev was sworn in as

Minister of Finance A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio ...

in the third cabinet of

Kaja Kallas Kaja Kallas (; born 18 June 1977) is an Estonian politician and diplomat. She was the first female prime minister of Estonia, a role she held from 2021 until 2024, when she resigned in advance of her appointment as High Representative of the ...

on 17 April 2023.

Other activities

European Union organizations

European Investment Bank The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt sol ...

(EIB), Ex-Officio Member of the Board of Governors (since 2023) *

European Stability Mechanism The European Stability Mechanism (ESM) is an intergovernmental organization located in Luxembourg City, which operates under public international law for all eurozone member states having ratified a special ESM intergovernmental treaty. It was ...

(ESM), Member of the Board of Governors (since 2023)

International organizations

European Bank for Reconstruction and Development The European Bank for Reconstruction and Development, shortened to EBRD ( French: ''Banque européenne pour la reconstruction et le développement'' or ''BERD''), is an international financial institution founded in 1991 in Paris. As a multilat ...

(EBRD), Ex-Officio Member of the Board of Governors (since 2023) *

Nordic Investment Bank The Nordic Investment Bank (NIB) is an international financial institution founded in 1975 by the five Nordic countries (Denmark, Finland, Iceland, Norway, and Sweden). In 2005, the three Baltic states (Estonia, Latvia, and Lithuania) also becam ...

(NIB), Ex-Officio Member of the Board of Governors (since 2023) *

Multilateral Investment Guarantee Agency The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. These guarantees help investors protect foreign direct investments against ...

(MIGA),

World Bank Group The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group ...

, Ex-Officio Member of the Board of Governors (since 2023) *

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

, Ex-Officio Member of the Board of Governors (since 2023)Board of Governors

References

{{DEFAULTSORT:Vorklaev, Mart Living people 1984 births Estonian Reform Party politicians Estonian University of Life Sciences alumni University of Tartu alumni Mayors of places in Estonia Politicians from Tallinn Finance ministers of Estonia Members of the Riigikogu, 2023–2027