ECB’s Executive Board decides on new distribution of responsibilities among its members

4 February 2014

The Executive Board of the European Central Bank (ECB) agreed today on the following distribution of responsibilities among its members, with immediate effect:

Mario Draghi, President

  • Communications & Language Services
  • Counsel to the Executive Board
  • ESRB Secretariat
  • Internal Audit
  • Secretariat

Vítor Constâncio, Vice-President

  • Administration (including the New ECB Premises Project)
  • Macro-Prudential Policy and Financial Stability
  • Information Systems
  • Research

Benoît Cœuré

  • International and European Relations
  • Market Operations
  • Oversight of Payment Systems
  • Permanent Representation in Washington, DC

Sabine Lautenschläger

  • Vice-Chair of the Supervisory Board [1]
  • Legal Services for SSM issues (in coordination with Yves Mersch)
  • Statistics

Yves Mersch

  • Banknotes
  • Legal Services
  • Payments & Market Infrastructure
  • Risk Management
  • TARGET2-Securities

Peter Praet

  • Economics
  • Human Resources, Budget & Organisation

[1]Proposed by the Governing Council in accordance with Article 26.3 of the Council Regulation No 1024/2013 conferring specific tasks on the ECB concerning policies relating to the prudential supervision of credit institutions.

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