ECB opinion on new Executive Board member

At a meeting on Friday 18 March, the Governing Council of the ECB adopted an opinion on a recommendation from the Council of the European Union on the appointment of a new member of the Executive Board of the ECB.

The Governing Council had no objections to the proposed candidate, Mr Lorenzo Bini Smaghi, who is a person of recognised standing and professional experience in monetary or banking matters, as required by Article 112 (2) (b) of the Treaty establishing the European Community.

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