The European Central Bank has nominated executive board member Yves Mersch to take over the role of deputy chairman of its supervisory board.
The person who holds the role is effectively the deputy chief of the ECB’s Single Supervisory Mechanism. Mersch will have to be confirmed by the European Parliament before he can serve on the board. The chair of the supervisory board is Andrea Enria, who has led the SSM since the beginning of this year, who succeeded the SSM’s first head, Danièle Nouy.
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