Raad akkoord over benoeming Jörg Asmussen tot lid raad van bestuur ECB
The Council today1 adopted a recommendation on the nomination of Jörg Asmussen to the executive board of the European Central Bank, to succeed Jürgen Stark, who announced his resignation on 9 September.
The Council's recommendation will be submitted for a decision to the European Council, after consulting the European Parliament and the ECB's governing council.
The executive board of the ECB is responsible for implementation of monetary policy for the euro area, as laid down by the governing council. It is composed of the President, a vice-president and four other members, all nominated for a non-renewable term of eight years. The governing council is composed of the six members of the executive board and the governors of the national central banks of the member states of the euro area.
Annex: Curriculum Vitae of Jörg Asmussen.
The decision was taken at a meeting of the Economic and Financial Affairs Council