The Council of the European Central Bank (ECB) proposed this Wednesday the German Claudia Buch to succeed Andrea Enria as president of the institution’s Supervisory Board, as announced this Wednesday.
In a statement, the ECB stated that this Wednesday it appointed the current vice president of the Bundesbank, Claudia Buch, to the non-renewable five-year position of president of the Supervisory Board, after consultation.
“The vote in the Governing Council was carried out by secret ballot and the majority voted in favor of Claudia Buch,” he details.
The Economic and Monetary Affairs Committee (ECON) of the European Parliament will now invite Claudia Buch to a public hearing.
The appointment is still subject to approval by the European Parliament and confirmation by the Council of the European Union, so Andrea Enria’s successor will take office on January 1, 2024.
The Supervisory Board of the ECB is composed of a president (appointed for a non-renewable term of five years), a vice-president (selected from among the members of the Executive Board of the ECB), four representatives of the ECB and representatives of the supervisory committee. national authorities.
This Board meets every three weeks to discuss, plan and execute the ECB’s supervisory tasks.
Source: TSF
