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PRESS RELEASE

Opinion of the ECB’s Governing Council on the appointment of an ECB Executive Board member

19 July 2012

The Governing Council of the European Central Bank (ECB) has adopted an opinion on a recommendation from the Council of the European Union on the appointment of a new member of the Executive Board of the ECB.

The Governing Council had no objections to the proposed candidate, Yves Mersch, who is a person of recognised standing and professional experience in monetary or banking matters, as required by Article 283(2) of the Treaty on the Functioning of the European Union.

Following the Governing Council’s opinion and an opinion of the European Parliament, the decision on the appointment will be taken by the European Council, with the votes of its euro area members.

The ECB opinion, which will be published shortly in the Official Journal of the European Union, is available on the ECB’s website in all the official EU languages.

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