ECB council gives green light to Frank Elderson’s appointment

Frank Elderson
Frank Elderson
Photo: Netherlands Bank

The governing council of the European Central Bank gave its consent today (October 28) to Frank Elderson’s appointment as a new member of the ECB’s executive board.

The council said it “had no objection to the proposed candidate”. In an official statement it added Elderson “is a person of recognised standing and professional experience in monetary or banking matters, as required by Article 283(2) of the Treaty on the Functioning of the European Union”.

As the news broke, Elderson tweeted: “I

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