People: ECB names new budget and finance head; long-serving Fed director to retire

European Insurance and Occupational Pensions Authority selects executive director

ecb-frankfurt-tower
European Central Bank HQ

Frankfurt: The European Central Bank (ECB) has appointed Roberto Schiavi as its first director-general budget and finance – a role he will take up on March 1.

The directorate-general budget and finance was created following an organisational review. Along with the directorates-general human resources, administration, and information systems, it falls under the responsibility of the ECB's chief services officer (CSO).

Michael Diemer was announced as CSO – also a new post – in October. He said

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