Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Banking

Distribution of responsibilities among the members of the Executive Board of the ECB

Global Banking And Finance 1 News

The Executive Board of the European Central Bank (ECB) agreed today, within the framework of its collective responsibility, on the following distribution of responsibilities among its members, with immediate effect unless otherwise stated:

In addition to his statutory duties as President of the Executive Board, the Governing Council and the General Council, the President, Mr Mario Draghi, will remain responsible for Communications; the Counsel to the Executive Board; the ESRB Secretariat; Internal Audit; and Secretariat and Language Services.
In addition to his statutory duties as deputy to the President, the Vice-President, Mr Vítor Constâncio, will remain responsible for Administration (with the exception of the New ECB Premises Project) and Financial Stability. In addition, he will be responsible for the Oversight of Payment Systems.

Mr Jörg Asmussen will be responsible for International and European Relations. In addition to his role as the ECB’s representative at international meetings, he will represent the ECB in meetings of the Eurogroup Working Group and the Economic and Financial Committee and will attend with the President or the Vice-President the meetings of the Eurogroup, ECOFIN and the Heads of State or Government at the EU and euro area level. Moreover, he will be responsible for Legal Services, the New ECB Premises Project and the Permanent Representation in Washington, DC.

Mr Benoît Cœuré will be responsible, as of 1 March 2012, for Market Operations and, with immediate effect, for Information Systems and Payments and Market Infrastructure.
Mr José Manuel González-Páramo will be responsible, until 29 February 2012, for Market Operations and, with immediate effect, for Research, Statistics, the Risk Management Office and Banknotes.
Mr Peter Praet will be responsible for Economics, Human Resources, Budget and Organisation and the TARGET2-Securities Programme.

Annex

Mario Draghi, President
•    Communications
•    Counsel to the Executive Board
•    ESRB Secretariat
•    Internal Audit
•    Secretariat and Language Services

VítorConstâncio, Vice-President
•    Administration (with the exception of the New ECB Premises Project)
•    Financial Stability
•    Oversight of Payment Systems

JörgAsmussen
•    International and European Relations
•    Legal Services
•    New ECB Premises Project
•    Permanent Representation in Washington, DC

BenoîtCoeuré
•    Information Systems
•    Market Operations as of 1 March 2012
•    Payments & Market Infrastructure

José Manuel González-Páramo
•    Banknotes
•    Market Operations until 29 February 2012
•    Research
•    Risk Management Office
•    Statistics

Peter Praet
•    Economics
•    Human Resources, Budget & Organisation
•    TARGET2-Securities

Copyright © for the entire content of this webpage: European Central Bank, Frankfurt am Main, Germany.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post