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The following is a list of past and present members of the Executive Board of the European Central Bank. A member serves for a non renewable term of eight year. Since the ECB was established in 1998, the following people have served as Executive Board members: [2] Status
This category contains current and former Members of the Executive Board of the European Central Bank.The ECB's Executive board responsible for implementing monetary policy for the Eurozone, while the ECB's monetary policy decisions are taken by the Governing Council of the ECB, which is made of representatives of both the ECB's Board and the governors of the national central banks of the euro ...
Wim Duisenberg, first President of the ECB. The European Central Bank is the de facto successor of the European Monetary Institute (EMI). [7] The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB). [7]
The Governing Council is the main decision-making entity of the ECB. It comprises the members of the Executive Board of the European Central Bank and the governors of all national central banks of the Eurozone's member states. The Governing council is in charge, based on the opinion drafted by the Supervisory Board, of taking formal decisions ...
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]
The ESCB is composed of the European Central Bank and the national central banks of all 27 member states of the EU. The first section of the following list lists member states and their central banks that form the Eurosystem (plus the ECB), which set eurozone monetary policy.
This category gathers all members of the European Central Bank's Governing Council. It consists of the members of the Executive Board, plus the governors of the national central banks of the euro area countries.
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]