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The executive board consists of the president, the vice-president and four other members, one of whom concurrently serves as ECB chief economist. All members are appointed by the European Council by qualified majority for a non-renewable eight-year term. As an exception, the officeholders appointed to the original board received staged terms so ...
Such systems typically have a "supervisory board" composed of nonexecutive board members and a "management board" composed entirely of executives. Other countries have "unitary" boards, which bring together executive and non-executive board members. In some countries there is also an additional statutory body for audit purposes.
The president heads the executive board, Governing Council and General Council of the ECB, and represents the bank abroad, for example at the G20. The officeholder is appointed by a qualified majority vote of the European Council, de facto by those who have adopted the euro, for an eight-year non-renewable term. [2]
Isabel Schnabel (née Gödde, born 9 August 1971) is a German economist who has been serving as a member of the Executive Board of the European Central Bank since 2020. She became professor of financial economics at the University of Bonn in 2015 and a member of the German Council of Economic Experts. [1]
A fifth seat at the board has been vacant for years and the departure of the three Democrats will leave the board with only one active member for now. (Reporting by Kanishka Singh in Washington ...
President, Executive Board, Wageningen University & Research: Member, Board of non-executive directors, Unilever. Member, Supervisory Board, Rabobank. Assistant Director-General and Head, Agriculture Department, Food and Agriculture Organization. Luc Frieden Luxembourg Chairman, board of directors, Banque Internationale à Luxembourg
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