ECB nominates Claudia Buch as Chair of Supervisory Board

ECB
  • Governing Council submits its nomination for next Chair of ECB Banking Supervision
  • European Parliament to approve candidate
  • Council of European Union to subsequently appoint candidate

The Governing Council of the European Central Bank (ECB) today nominated Claudia Buch for the non-renewable five-year position of Chair of the Supervisory Board, following consultation with the Supervisory Board. She is currently Vice-President of the Deutsche Bundesbank.

Informal hearings of the two shortlisted candidates before the European Parliament's Committee on Economic and Monetary Affairs (ECON) took place in July 2023. The views of the ECON Coordinators were shared with the Governing Council. The vote in the Governing Council was taken by secret ballot and a majority was pronounced in favour of Claudia Buch.

The ECB has informed Irene Tinagli, Chair of the ECON Committee, and Nadia Calviño, President of the Economic and Financial Affairs Council (ECOFIN), of its nomination.

The ECON Committee will invite Claudia Buch to a public hearing. If the nomination is approved by the European Parliament and confirmed by the Council of the European Union, Claudia Buch will succeed Andrea Enria as Chair of the Supervisory Board on 1 January 2024.

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