ECB seeks new head for bank supervisory arm

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FRANKFURT (Reuters) – The European Central Bank published a job vacancy on Monday, seeking a new head for its bank supervisory arm from January after the term of current Chair Daniele Nouy expires.

  • The headquarters of the European Central Bank (ECB) and the Frankfurt skyline with its financial district are photographed on early evening in Frankfurt, Germany, March 25, 2018. REUTERS/Kai Pfaffenbach

    • “The ECB is seeking a suitable candidate of recognized standing and experience in banking and financial matters for the position of the Chair of the Supervisory Board from 1 January 2019,” the bank said.

    The ECB supervises 118 of the euro zone’s biggest lenders with around 21 trillion euros in assets.

    The ECB will draw up a shortlist of candidates from the applicants and will make a final proposal to the EU Council in the autumn after consultation with Parliament and the Council.

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    Economy