Supervisory Board
The Supervisory Board meets every three weeks to discuss, plan and carry out the ECB’s supervisory tasks.
Chair, Vice-Chair and four ECB Representatives to the Supervisory Board
It proposes draft decisions to the Governing Council under the non-objection procedure.
ECB Governing CouncilComposition
- 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
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.
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.
| Chair of the Supervisory Board | Claudia Buch |
| Vice-Chair of the Supervisory Board | Frank Elderson |
| ECB representative | Patrick Montagner |
| Ireland | Mary-Elizabeth McMunn (Central Bank of Ireland/Banc Ceannais na hÉireann) |
| Greece | Christina Papaconstantinou (Bank of Greece) |
| France | Denis Beau (Banque de France) |
| Latvia | Santa Purgaile (Latvijas Banka) |
| The Netherlands | Steven Maijoor (De Nederlandsche Bank) |