The ECB is an official EU institution at the heart of the Eurosystem and the Single Supervisory Mechanism.
Over 2,500 staff from all over Europe work for the ECB in Frankfurt am Main, Germany. They perform a range of tasks in close cooperation with the national central banks within the Eurosystem and, for banking supervision, with the national supervisors within the Single Supervisory Mechanism.
The ECB’s President is Mario Draghi and the Vice-President is Luis de Guindos. The main decision-making body is the Governing Council, which consists of the six members of the Executive Board plus the governors of the central banks of the 19 euro area countries.
The national central bank governors take turns holding voting rights in the Governing Council. Find out how decisions are taken and why a rotation of voting rights was introduced.