ECB appoints chair of Banking Supervision

Ridhima Sharma
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ECB appoints chair of Banking Supervision

The Governing Council of European Central Bank (ECB) has nominated Andrea Enria as the new chair of the Supervisory Board. He was selected from a shortlist of candidates compiled by the Governing Council on 26 September 2018.

ECB informed the Chair of the European Parliament’s Committee on Economic and Monetary Affairs (ECON), Roberto Gualtieri, about its decision, in line with the Inter-institutional Agreement between the ECB and the European Parliament. ECB also informed the president of the Economic and Financial Affairs Council, Hartwig Löger.

Enria will be invited by the ECON Committee to a public hearing. He currently serves as the chairperson of European Banking Authority.

If approved by the Parliament and confirmed by the Council of the European Union, Enria will succeed Danièle Nouy as chair of the Supervisory Board on 1 January 2019 and will be appointed for a non-renewable five-year term.

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