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PRESS RELEASE

Changes in ECB's business area heads

11 November 2009

The Executive Board of the European Central Bank (ECB) has recently appointed the following persons:

  • Koenraad de Geest, as Director General Information Systems. He will take up his duties as of 1 January 2010. He will succeed Hans-Gert Penzel, who, from the same date, will serve as Adviser to the Executive Board on all issues related to the logistical and information technology needs of the envisaged European Systemic Risk Board. Koenraad de Geest has held the position of Director General Human Resources, Budget and Organisation for five years. Prior to this, he was Deputy Director General Payments and Market Infrastructure. Before joining the European Monetary Institute in 1996, he held various positions at the Nationale Bank van België/Banque Nationale de Belgique.
  • Steven Keuning, as Director General Human Resources, Budget and Organisation. He will take up his duties as of 1 January 2010. He will succeed Koenraad de Geest, who will serve as Director General Information Systems from the same date. Steven Keuning has held the position of Director General Statistics for seven years. Before joining the ECB in 2002, he was Director of Macro-economic Statistics and Dissemination at Statistics Netherlands and Chairman of the European Committee on Monetary, Financial and Balance of Payments Statistics (CMFB).
  • Daniela Russo, as Director General Payments and Market Infrastructure. She took up her duties on 1 September 2009. She succeeded Jean-Michel Godeffroy, who was appointed by the Governing Council as Chairperson of the TARGET2-Securities Programme Board in April 2009. Daniela Russo worked as Deputy Director General Payments and Market Infrastructure for four years. Before that she served as Head of the Securities Settlement Systems Policy Division. She joined the ECB’s forerunner institution, the European Monetary Institute, upon its creation in 1994, after holding several positions at the Banca d’Italia.

These appointments are in accordance with the Executive Board’s intention to promote job mobility within the ECB and thereby strengthen the efficiency and effectiveness of the organisation.

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