Implementing Decision appointing Vice-Chair of European Central Bank’s Supervisory Board published

Council Implementing Decision 2021/325 concerning the appointment of Mr Frank Elderson as Vice-Chair of the Supervisory Board of the European Central Bank has been published today.

This comes pursuant to the procedure set out in Article 238(2) TFEU, involving a formal recommendation from the Council (Economic and Financial Affairs), selection by the European Council, considering the input of the European Parliament as well as the European Central Bank itself, with the support of the Eurogroup (see here), and by final decision of the European Council.

In this role Mr Elderson is responsible (as a fourth Board member along with its President and Vice President) for the implementation of euro-area monetary policy, as laid down