Member of the ECB's Executive Board

Portrait of Yves Mersch, Member of the Executive Board of the European Central Bank

Yves Mersch

Date of birth: 1 October 1949

Place of birth: Luxembourg


Postgraduate degree in Political Science, University Paris 1 Panthéon-Sorbonne
Postgraduate degree in International Public Law, Master of Political Science, University Paris 1 Panthéon-Sorbonne
Master’s degree in Law, University Paris 1 Panthéon-Sorbonne

Professional career

Since December 2012
Member of the Executive Board, European Central Bank
Governor of the Banque centrale du Luxembourg (BCL)
Director of the Treasury
Personal Representative of the Minister of Finance during the negotiation of the Maastricht Treaty
Government Commissioner for the Luxembourg Stock Exchange (Securities Market Authority)
Member of the Council of the Luxembourg Monetary Institute (banking supervisory authority)
Adviser, international financial and monetary relations, Ministry of Finance
Financial Counsellor, Permanent Representation of Luxembourg to the United Nations, New York
Attaché, Ministry of Finance
Secondment to the International Monetary Fund (IMF), Washington, D.C.
Assistant, Ministry of Finance
Admitted to the Luxembourg Bar

Other positions and mandates

  • Elected Co-Chair of the Financial Stability Board’s Regional Consultative Group for Europe (2011-12)
  • President of the Fondation de la Banque centrale du Luxembourg (BCL’s Foundation) which promotes research and higher education in the BCL’s fields of activity (2011-12)
  • Deputy Chair of the Governing Board of the International Islamic Liquidity Management Corporation (IILM) (2010-12)
  • Member of the Board of the Luxembourg School of Finance Foundation (FLSF) (2006-12)
  • President of the non-profit association, The Bridge Forum Dialogue a.s.b.l, founded in 2000 with the participation of the European Union institutions and bodies established in Luxembourg (2000-12)
  • Alternate Governor for Luxembourg on the Board of Governors of the International Monetary Fund (IMF) (1998-2012)
  • Member of the Systemic Risk Centre Scientific Advisory Board, London School of Economics.
  • Member of the Central Bank Governance Group, established at the Bank for International Settlements.

Major previous positions and mandates

  • Monetary Committee of the European Communities: alternate member from 1982 to 1985; full member from 1989 to 1998
  • World Bank: Alternate Governor
  • European Bank for Reconstruction and Development (EBRD): Alternate Governor
  • European Investment Bank (EIB): Member of the Board of Directors
  • President of the Office du Ducroire (Luxembourg Export Credit Agency)
  • Vice-President of Société nationale de crédit et d’investissement (Luxembourg National Development Bank)
  • Administrator representing the State on the boards of the following bodies:
    • ARBED S.A. (steel company)
    • Société européenne de satellites (SES) (European Satellite Company)
    • Entreprise des Postes et Télécommunications (Post and Telecommunications Company)
    • Société Nationale des Habitations à Bon Marché (National Housing Company)
    • Banque et Caisse d’Epargne de l’Etat (State Savings Bank)


  • In 2014 Yves Mersch was appointed honorary Professor at the University of Luxembourg.
  • In 2013 Yves Mersch was awarded an honorary Doctor of Laws degree from Miami University.
  • Yves Mersch is Officer of the National Order of the Legion of Honour (Ordre National de la Légion d’honneur, France) and Grand Officer of the Cross of Recognition (Latvia).