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Supervisory Board

The Supervisory Board meets twice a month to discuss, plan and carry out the ECB’s supervisory tasks. It proposes draft decisions to the Governing Council under the non-objection procedure.

ECB Governing Council

Composition

  • Chair (appointed for a non-renewable term of five years)
  • Vice-Chair (chosen from among the members of the ECB's Executive Board)
  • four ECB representatives
  • representatives of national supervisors
Members of the Supervisory Board
ECB Members
Chair Danièle Nouy CV
Vice-Chair Sabine Lautenschläger CV
ECB representative Ignazio Angeloni CV
ECB representative position vacant
ECB representative position vacant
ECB representative Pentti Hakkarainen CV
Representatives of national supervisors
Belgium Tom Dechaene (Nationale Bank van België/Banque Nationale de Belgique)
Germany Felix Hufeld (Bundesanstalt für Finanzdienst­leistungs­aufsicht)
Joachim Wuermeling (Deutsche Bundesbank)
Estonia Kilvar Kessler (Finantsinspektsioon)
Madis Müller (Eesti Pank)
Ireland Ed Sibley (Central Bank of Ireland/Banc Ceannais na hÉireann)
Greece position vacant (Bank of Greece)
Spain Javier Alonso (Banco de España)
France Denis Beau (Banque de France)
Italy Fabio Panetta (Banca d’Italia)
Cyprus Yiangos Demetriou (Central Bank of Cyprus)
Lithuania Vytautas Valvonis (Lietuvos bankas)
Latvia Pēters Putniņš (Finanšu un kapitāla tirgus komisija)
Zoja Razmusa (Latvijas Banka)
Luxembourg Claude Simon (Commission de Surveillance du Secteur Financier)
Norbert Goffinet (Banque centrale du Luxembourg)
Malta Catherine Galea (Malta Financial Services Authority)
Oliver Bonello (Bank Ċentrali ta’ Malta/Central Bank of Malta)
Netherlands Frank Elderson (De Nederlandsche Bank)
Austria Helmut Ettl (Finanzmarktaufsicht)
Andreas Ittner (Oesterreichische Nationalbank)
Portugal Elisa Ferreira (Banco de Portugal)
Slovenia Primož Dolenc (Banka Slovenije)
Slovakia Vladimír Dvořáček (Národná banka Slovenska)
Finland Anneli Tuominen (Finanssivalvonta)
Mervi Toivanen (Suomen Pankki – Finlands Bank)

If the national supervisory authority designated by a Member State is not a national central bank (NCB), the representative of the competent authority can be accompanied by a representative from their NCB. In such cases, the representatives are together considered as one member for the purposes of the voting procedure.

Supervisory Board (full composition, as at 22 February 2018)

Steering Committee

The Steering Committee supports the activities of the Supervisory Board and prepares the Board’s meetings.

Composition

  • Chair of the Supervisory Board
  • Vice-Chair of the Supervisory Board
  • one ECB representative
  • five representatives of national supervisors

The five representatives of national supervisors are appointed by the Supervisory Board for one year based on a rotation system that ensures a fair representation of countries.

Members of the Steering Committee
Chair of the Supervisory Board Danièle Nouy
Vice-Chair of the Supervisory Board Sabine Lautenschläger
ECB representative Pentti Hakkarainen
Germany Felix Hufeld (Bundesanstalt für Finanzdienstleistungsaufsicht)
Italy Fabio Panetta (Banca d'Italia)
Greece Ilias Plaskovitis (Bank of Greece)
Ireland Ed Sibley (Central Bank of Ireland/Banc Ceannais na hÉireann)
Malta Catherine Galea (Malta Financial Services Authority)